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BAFFINLAND IRON MINES CORPORATION

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TSX:BIM (CAD)  0.50 [+0.03 (+5.26%)] Nov 19 2009 - Close

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Type: Public
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120 ADELAIDE STREET WEST, SUITE 1016
TORONTO
Ontario
Canada, M5H 1T1
Phone: +1 (416) 364-8820
Fax: +1 (416) 364-0193

Company Summary

Baffinland Iron Mines Corporation (TSX: BIM) is a Canadian publicly-traded junior mining company that is focused on its 100%-owned Mary River iron ore deposits located about 160 kilometres south of Pond Inlet, Baffin Island, Nunavut Territory, Canada.

Company News

Thursday, November 19, 2009
Baffinland Iron Mines announced that it has entered into an agreement in respect of a public offering on a bought deal basis in each of the provinces and territories of Canada, other than Quebec, of 20,834,000 units of the Company at a price of $0.48 per Unit for gross proceeds of approximately $10 million. Each Unit consists of one common share of the Company and one half of one common share purchase warrant. In addition, announced a private placement on a bought deal basis of 36,400,000 units of the Company at a price of $0.55 per Flow-Through Unit for gross proceeds of approximately $20 million.

News Releases

Wednesday, October 14, 2009
Wednesday, October 07, 2009
Thursday, September 17, 2009

News on the Web

Petroleum News Alaska - 21 days ago

Mineral Properties Map

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