Labrador Iron closes $30-million financing

2012-11-06 08:52 ET - News Release

LIM COMPLETES C$30 MILLION BOUGHT DEAL PUBLIC EQUITY FINANCING

Labrador Iron Mines Holdings Ltd. has completed its previously announced bought deal public offering of $30-million in common shares of the company at a price of $1 per common share. Canaccord Genuity Corp. acted as the sole underwriter with respect to the offering.