Labrador Iron Mines Limited
Labrador Iron Mines, or LIM, is engaged in the mining of iron ore and in the exploration and development of direct shipping iron ore projects in the central part of the prolific Labrador Trough region, one of the major iron ore producing regions in the world, situated in the Menihek area in the Province of Newfoundland and Labrador and in the Province of Quebec, centered near the town of Schefferville, Quebec.
Labrador Iron Mines Holdings Limited holds 51% of the shares of LIM.
Former creditors of LIM and SMI hold, as a group, a 49% equity interest in LIM.
LIM holds directly, and through its wholly owned subsidiary SMI, all of the group's mineral properties and assets.
December 18, 2017