To Discuss the Plan of Arrangement With Cliffs Natural Resources Inc.
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MONTREAL, QUEBEC--(Marketwire - Nov. 24, 2009) - Freewest Resources Canada Inc. (TSX VENTURE:FWR) will hold a conference call to discuss its proposed plan of arrangement with Cliffs Natural Resources Inc. (NYSE:CLF)(PARIS:CLF).
The conference call will be held at 13:00 EST, on Tuesday, November 24, 2009. Interested parties may also access the conference call by webcast at:
>www.freewest.com. Freewest's shares are listed on Tier 1 of the TSX Venture Exchange under the symbol FWR.
About Cliffs Natural Resources Inc.
Cliffs Natural Resources (NYSE:CLF)(PARIS:CLF) is an international mining and natural resources company. It is the largest producer of iron ore pellets in North America, a major supplier of direct-shipping lump and fines iron ore out of Australia and a significant producer of metallurgical coal. With core values of environmental and capital stewardship, Cliffs' colleagues across the globe endeavor to provide all stakeholders operating and financial transparency as embodied in the Global Reporting Initiative (GRI) framework. Cliffs is organized through three geographic business units:
The North American business unit is comprised of six iron ore mines owned or managed in Michigan, Minnesota and Eastern Canada, and two coking coal mining complexes located in West Virginia and Alabama. The Asia Pacific business unit is comprised of two iron ore mining complexes in Western Australia and a 45% economic interest in a coking and thermal coal mine in Queensland, Australia. The South American business unit includes a 30% interest in the Amapa Project, an iron ore project in the state of Amapa in Brazil.
Over recent years, Cliffs has been executing a strategy designed to achieve scale in the mining industry and focused on serving the world's largest and fastest growing steel markets.
Georgeson Inc. is acting as Freewest's solicitation agent in connection with this transaction. Georgeson may be contacted as follows:
Georgeson
100 University Avenue
11th Floor, South Tower
Toronto, Ontario
M5J 2Y1
North American Toll Free Number: 1-866-433-7579
Banks and Brokers Collect Number: 1-212-806-6859
FOR FURTHER INFORMATION PLEASE CONTACT:
Freewest Resources Canada Inc.
Mackenzie I. Watson
President and CEO
(514) 878-3551 or 1-888-878-3551
(514) 878-4427 (FAX)
Email:
info@freewest.comWebsite:
>
http://agoracom.com/ir/freewest