Labrador Iron Mines Holdings Ltd (LBRMF)

[DMar70]

Strategic investment by Scully Royalty into Labrador Iron Mines
 
Anglesey Mining plc (AIM:AYM) is pleased to announce that Labrador Iron Mines Holdings Limited (“LBRMF”) (OTC: LBRMF) has announced a US$4,000,000 strategic investment by New York Stock Exchange listed Scully Royalty Ltd (“Scully”) (the “Strategic Investment”). Anglesey Mining holds 19.3 million shares in LBRMF, which will equate to 11.0% of the company after the issuance of new shares to Scully Royalty Ltd.