Focus Graphite’s Lac Knife NPV at $224-million

Jun 25, 2014

FOCUS GRAPHITE’S LAC KNIFE PROJECT’S BENCHMARK FEASIBILITY STUDY REPORTS Focus Graphite Inc. has released the results of its feasibility study (FS) for the Lac Knife project performed by Met-Chem Canada Inc. The study was based on a 25-year mine life that produced a pretax net present value (NPV) of $383-million calculated at a discounted cash flow (DCF) rate of 8 per cent pre tax. The financial model has an internal rate of return (IRR) of 30.1 per cent and a capital payback period...

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SIERRA ANNOUNCES RESULTS OF AGM AND CLOSES PRIVATE PLACEMENT

Jun 25, 2014

VANCOUVER, BC ā€“ SIERRA IRON ORE CORPORATION (the “Company”) is pleased to announce the results of the annual general meeting of shareholders (the “Meeting”) that was held on June 12, 2014. AGM Results At the Meeting, all resolutions were accepted by Company shareholders. Messrs. Wally Boguski, Laurence Sookochoff, Roger Frost and Alphonse Ruggiero were elected as directors. Davidson & Company LLP, Chartered Accountants were re-appointed as the auditor, the...

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