Baffinland Issues Clarification Regarding Inaccurate LevFin Insights Article

PDF: ENGLISH | ᐃᓄᒃᑐᑦ

Oakville, ON – Baffinland Iron Mines Corporation, a leader in high-grade iron ore mining, wishes to address the recent article published by LevFin Insights.

The article contains inaccuracies regarding Baffinland’s current financing plans. As part of our standard practice, Baffinland does not comment on any ongoing financing processes.

For accurate information and updates, we encourage stakeholders to refer directly to official communications from Baffinland Iron Mines Corporation.

For any questions or media requests:

Peter Akman
Head of Stakeholder Relations & Communications
Tel. +1 (289) 834 0744
Email: peter.akman@baffinland.com
Web: https://baffinland.com/

Baffinland Iron Mines Corporation is jointly owned by The Energy and Minerals Group and ArcelorMittal, and operates the Mary River high-grade iron ore mine located on Baffin Island, Nunavut, Canada. Nunavut’s high-grade iron ore is among the richest iron ore deposits ever discovered. It can be crushed, and screened into marketable green products.

The Mary River Mine produces the highest grade direct shipping iron ore in the world. What sets this operation apart from many others in that the iron ore is crushed and screened on site, and then shipped directly to markets – no concentrating or processing is needed, and as a result no tailings are produced.

Baffinland is committed to operating in an environmentally and socially responsible manner that benefits Inuit, Nunavummiut and all other stakeholders.

Learn more at baffinland.com and follow us on Twitter, Facebook and LinkedIn.

 

ᐹᕙᓐᓛᓐᑯᑦ ᓱᖅᑲᐃᓇᖅᓯᒋᐊᕈᓯᐅᖅᑐᑦ ᐱᔾᔪᑎᒋᓪᓗᒋᑦ ᑕᒻᒪᖅᓯᒪᔪᑦ ᓚᕝᕕᑦ ᐃᓱᒪᒋᔭᐅᔪᓄᑦ ᑎᑎᕋᖅᓯᒪᔪᒧᑦ

ᐆᒃᕕᐅᓪ, ᐋᓐᑎᐅᕆᐆ - ᐹᕙᓐᓛᓐ ᓴᕕᒃᓴᓂᒃ ᐅᔭᕋᖕᓂᐊᖅᑏᑦ ᑯᐊᐳᕇᓴᖓᑦ, ᓯᕗᓕᖅᑎᐅᔪᑦ ᐱᐅᓛᒥᒃ ᓴᕕᒃᓴᓂᒃ ᐅᔭᕋᖕᓂᐊᖅᖢᑎᒃ, ᑲᒪᒋᔭᖃᕈᒪᔪᑦ ᒫᓐᓇᕋᑖᖅ ᑎᑎᕋᖅᑕᐅᔪᕕᓂᕐᒥᒃ ᓴᖅᑭᑕᐅᓪᓗᓂ ᓚᕝᕕᓐ ᐃᓱᒪᒋᔭᐅᔪᓂᑦ.

ᑎᑎᕋᖅᓯᒪᔪᖅ ᑕᒻᒪᖅᑕᖅᓯᒪᔪᖃᐅᕐᓂᓕᒃ ᐱᔾᔪᑎᒋᓪᓗᒋᑦ ᐹᕙᓐᓛᓐᑯᑦ ᒫᓐᓇ ᑮᓇᐅᔭᖃᖅᑎᑕᐅᓂᕐᒧᑦ ᐸᕐᓇᐅᑎᖏᓐᓄᑦ. ᐃᓚᒋᔭᐅᓪᓗᓂ ᐱᐅᓯᕆᒐᔪᒃᑕᑦᑎᓐᓄᑦ, ᐹᕙᓐᓛᓐᑯᑦ ᐅᖃᐅᓯᒃᓴᖃᙱᑦᑐᑦ ᖃᓄᑐᐃᓐᓇᖅ ᑮᓇᐅᔭᖃᖅᑎᑕᐅᓂᕐᒧᑦ ᑲᔪᓯᓂᐅᔪᓄᑦ.

ᑕᒻᒪᖅᓯᒪᙱᑦᑐᓄᑦ ᑐᓴᐅᒪᔾᔪᑎᓄᑦ ᑐᓴᒐᒃᓴᓄᓪᓗ, ᐊᔭᐅᖅᑐᖅᐃᕗᒍᑦ ᐱᖃᖃᑕᐅᔪᑦ ᖃᐅᔨᒋᐊᓪᓚᑦᑖᕐᓗᑎᒃ ᑐᓴᐅᒪᔪᓕᕆᔨᒃᑯᓐᓂᖔᓪᓚᑦᑖᖅᑐᓂᒃ ᐹᕙᓐᓛᓐ ᓴᕕᒃᓴᓂᒃ ᐅᔭᕋᖕᓂᐊᖅᑏᑦ ᑯᐊᐳᕇᓴᒃᑯᓐᓄᑦ.

ᐊᐱᖅᑯᑎᒃᓴᖃᕈᕕᑦ ᐅᕝᕙᓘᓐᓃᑦ ᐱᕙᓪᓕᐊᔪᓕᕆᔨᓂᑦ ᑐᒃᓯᕋᐅᑎᓄᑦ:

ᐲᑕ ᐊᒃᒪᓐ
ᐊᖓᔪᖅᑳᖅ ᐱᖃᖃᑕᐅᔪᓕᕆᓂᕐᒧᑦ ᐊᒻᒪᓗ ᑐᓴᐅᒪᔪᓕᕆᓂᕐᒧᑦ
ᐅᖄᓚᐅᑖ. +1 (289) 834 0744
ᖃᕆᓴᐅᔭᒃᑯᑦ ᐃᕐᖐᓐᓈᖅᑕᐅᑖ: peter.akman@baffinland.com
ᖃᕆᓴᐅᔭᒃᑯᑦ ᐃᑭᐊᖅᑭᕕᒃ: https://baffinland.com/

ᐹᕙᓐᓛᓐ ᓴᕕᒃᓴᓂᒃ ᐅᔭᕋᖕᓂᐊᖅᑏᑦ ᑯᐊᐳᕇᓴᖓᑦ ᓇᖕᒥᓂᖃᖃᑎᒋᔭᐅᔪᖅ ᐃᓄᔾᔨ ᐊᒻᒪᓗ ᐅᔭᕋᖕᓂᐊᒐᒃᓴᓄᑦ ᑲᑎᙵᐅᖅᑐᓂᒃ ᐊᒻᒪ ᐋᓯᓗᒥᑐᒃᑯᓐᓂ, ᐊᐅᓚᑦᑎᓪᓗᑎᒃ ᓄᓘᔮᖕᓂ ᓴᕕᒃᓴᑦᑎᐊᕙᐅᓛᒥᒃ ᐅᔭᕋᖕᓂᐊᕐᓂᕐᒥᒃ ᕿᑭᖅᑖᓗᖕᒥ, ᓄᓇᕗᒻᒥ, ᑲᓇᑕᒥ. ᓄᓇᕘᑉ ᓴᕕᒃᓴᑦᑎᐊᕙᐅᓂᖅᐹᖓ ᐱᐅᓛᖑᓪᓗᓂ ᓴᕕᒃᓴᖅ ᐅᔭᕋᖕᓂᐊᒐᒃᓴᖅ ᓇᓂᔭᐅᓯᒪᔪᖅ. ᓯᖃᓪᓕᔭᐅᔪᓐᓇᖅᑐᖅ, ᐊᕕᒃᑐᖅᑕᐅᓗᓂ ᐊᒻᒪᓗ ᓂᐅᕐᕈᑎᒃᓴᙳᕐᓗᓂ ᓴᓗᒪᓂᖅᓴᒃᑯᑦ ᓂᐅᕕᖅᑕᐅᔪᓐᓇᖅᑐᖅ.

ᓄᓘᔮᖕᓂ ᐅᔭᕋᖕᓂᐊᕐᕕᒃ ᐅᔭᕋᖕᓂᐊᓲᖅ ᐱᐅᓛᒥᒃ ᐊᐅᓪᓚᖅᑎᑕᐅᑲᐅᑎᒋᓲᒥᒃ ᓴᕕᒃᓴᒥ ᓄᓇᕐᔪᐊᒥ. ᑖᓐᓇ ᐊᐅᓚᑕᐅᓂᖓ ᐊᔾᔨᐅᙱᑦᑑᔾᔪᑎᖓ ᐊᒥᓱᓂ ᐊᓯᖏᓐᓂ ᑕᒪᓐᓇ ᓴᕕᒃᓴᖅ ᓯᖃᓪᓕᔭᐅᓪᓗᓂ ᐊᕕᒃᑐᖅᑕᐅᓪᓗᓂ ᐅᔭᕋᖕᓂᐊᕐᕕᖕᒥ, ᐊᒻᒪᓗ ᐊᐅᓪᓚᖅᑎᑕᐅᑲᐅᑎᒋᓪᓗᓂ ᓂᐅᕐᕈᓯᕐᕕᖕᓄᑦ - ᐃᓚᐅᕈᑎᖃᕋᓂ ᑲᒪᒋᔭᐅᔾᔪᑎᖃᕆᐊᖃᕋᓂᓘᓐᓃᑦ, ᑕᐃᒪᐃᓐᓂᖓᓄᑦ ᑕᓯᕋᓕᐅᖃᑦᑕᙱᑦᑐᑦ.

ᐸᕙᓐᓛᓐᑯᑦ ᐊᖏᖅᓯᒪᐃᓐᓇᖅᑐᑦ ᐊᐅᓚᓂᖃᕐᓗᑎᒃ ᐊᕙᑎᒥᒃ ᐊᒻᒪᓗ ᐃᓅᓯᕐᒥᒃ ᑲᒪᑦᑎᐊᕐᓗᑎᒃ ᐃᑲᔫᑎᖃᕐᓂᐊᖅᑐᓂᒃ ᐃᓄᖕᓄᑦ, ᓄᓇᕗᒻᒥᐅᓄᑦ ᐊᒻᒪᓗ ᐊᓯᓗᒃᑖᖏᓐᓄᑦ ᐱᖃᖃᑕᐅᔪᓄᑦ.

ᖃᐅᔨᒃᑲᓐᓂᕈᒪᒍᕕᑦ baffinland.com ᐊᒻᒪᓗ ᒪᓕᒡᓗᑎᒍᑦ ᑐᐃᑐᒃᑯᑦ, ᕙᐃᔅᐳᒃᑯᑦ ᐊᒻᒪᓗ ᓕᒃᑎᑦᐃᓐᑯᑦ.