Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: Champion Buys Back 1.5% Net Smelter Royalty on Fermont Property Holdings and Fla

Pehaps they are thinking that the return of 50% of the 3% NSR to Champion (CIA) will make Champion more marketable an/or attractive as a takeover target (just as garnering a larger percentage of Magpie should theoretically do for FNC) which will lead to an increase in CIA's shareprice... which would then allow FNC to liquidate some/all of its' position ...essentially a roundabout means of monetizing its Champion asset , as it is currently being attributed absolutely no value whatsoever whilst in FNC's possession. (basically, moving its goods to a prettier and higher profile and/or volume shop, without having to pay higher rent fees)

Cheers,

Luker

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