LIM announces $110 million equity financing
Labrador Iron Mines Holdings Limited (TSX:LIM) announced that in connection with its previously announced
public offering on April 4, 2011, it has entered into an agreement with a syndicate of underwriters to sell 8 million common shares of the company at C$12.50 per common share and 666,700 flow-through shares at C$15.00 per share for aggregate gross proceeds of C$110,000,500.