Labrador Iron Mines Holdings Ltd (LBRMF)

[bobbleheadtwin]

The Company plans to complete a working capital financing and is exploring various financing alternatives, including a potential private placement of equity. There is a significant risk that additional or alternative financing will not be available to the Company on a timely basis or on acceptable terms. The Company will need to secure development financing to fund the construction of the Houston Project. Various future construction financing alternatives being considered include an advance payment component of an offtake contract, equipment leasing arrangement(s), potential project partners, potential government funding and potential
equity financing.