Alderon Announces Investment Transaction with Tunghsu Group
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, 18.02.2020, 11:00 Uhr
MONTRÉAL, Feb. 18, 2020 (GLOBE NEWSWIRE) -- Alderon Iron Ore Corp. (TSX: IRON) ("Alderon" or the “Company”) is pleased to announce that it has entered into a letter of intent (the “LOI”) with the Tunghsu Group Co., Ltd. (“Investor”) with respect to an investment transaction pursuant to which the Investor will acquire a 26%-38% interest in The Kami Mine Limited Partnership (“Kami