Alderon Announces Name Change to Alderon Iron Ore Corp.
04 Oktober 2011 - 2:30PM
Marketwired
Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF)(PINK
SHEETS:ALDFF) ("Alderon") is pleased to announce that its name has
changed to Alderon Iron Ore Corp. Alderon has renamed itself to
properly reflect its focus on the development of Kamistiatusset
("Kami") Iron Ore Project.
Alderon's trading symbols: ADV on the TSX Venture Exchange and
ALDFF on the OTCQX, will remain unchanged. It is anticipated that
the Company's common shares will commence trading on the TSX
Venture Exchange under the new name on or about October 5, 2011.
Alderon's new website address is www.alderonironore.com.
About Alderon
Alderon is a leading iron ore development company in Canada with
offices in Vancouver, Toronto, Montreal and St. John's. The 100%
owned Kami Project is located within Canada's premier iron ore
district and is surrounded by four producing iron ore mines. The
Alderon team is comprised of skilled professionals with significant
iron ore expertise to advance Kami towards production.
For more information on Alderon, please visit our website at
www.alderonironore.com.
ALDERON IRON ORE CORP.
On behalf of the Board
Mark J Morabito, Executive Chairman
Cautionary Note Regarding Forward-Looking Information
Information set forth in this news release may involve
forward-looking statements under applicable securities laws.
Forward-looking statements are statements that relate to future,
not past, events. In this context, forward-looking statements often
address expected future business and financial performance, and
often contain words such as "anticipate", "believe", "plan",
"estimate", "expect", and "intend", statements that an action or
event "may", "might", "could", "should", or "will" be taken or
occur, or other similar expressions. All statements, other than
statements of historical fact, included herein including, without
limitation; statements aboutfuture exploration on and the
development of the Kami Project are forward-looking statements. By
their nature, forward-looking statements involve known and unknown
risks, uncertainties and other factors which may cause our actual
results, performance or achievements, or other future events, to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. Such factors include, among others, the following
risks: the need for additional financing; operational risks
associated with mineral exploration; the need for permits;
fluctuations in commodity prices; title matters; environmental
liability claims and insurance; reliance on key personnel; the
potential for conflicts of interest among certain officers,
directors or promoters with certain other projects; the absence of
dividends; competition; dilution; the volatility of our common
share price and volume and the additional risks identified in the
"Risk Factors" section of the Company's Annual Information Form for
the year ended December 31, 2010 other reports and filings with the
TSX Venture Exchange and applicable Canadian securities
regulations. Forward-looking statements are made based on
management's beliefs, estimates and opinions on the date that
statements are made and Alderon undertakes no obligation to update
forward-looking statements if these beliefs, estimates and opinions
or other circumstances should change, except as required by
applicable securities laws. Investors are cautioned against
attributing undue certainty to forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Alderon Iron Ore Corp. Vancouver Office 604-681-8030
604-681-8039 (FAX)info@alderonmining.com Alderon Iron Ore Corp.
Toronto Office 416-309-2138 416-861-8165 (FAX) Alderon Iron Ore
Corp. Montreal Office 514-989-3135 514-934-4640 (FAX) Alderon Iron
Ore Corp. St. John's Office 709-576-5607 Alderon Iron Ore Corp.
Konstantine Tsakumis Investor Relations
1-866-683-8030www.alderonironore.com
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