Quebec Iron Ore Confirms the Bloom Lake Mine Restart in Fermont and the Creation of 450 Quality Jobs

FERMONT, QC--(Marketwired - November 15, 2017) - At a press conference held earlier today, Quebec Iron Ore Inc. ("QIO"), a Champion Iron Limited (ASX: CIA) (TSX: CIA) ("Champion") subsidiary, confirmed the March 2018 restart of the Bloom Lake Iron Ore Mine ("Bloom Lake"), located near Fermont, Quebec. After acquiring Bloom Lake in April 2016, QIO has secured the necessary funding and has been upgrading and optimizing the facilities, procuring offtake partners and forming mutually beneficial alliances with the host community. QIO is also proud to announce it is in the process of swiftly hiring more than 450 men and women who will participate in the Bloom Lake restart.