Analyst Coverage

On March 31, 2014, Champion Iron Limited (previously Mamba Minerals Limited) completed a business combination whereby Canadian-based Champion Iron Mines Limited is now a wholly-owned subsidiary of Champion Iron Limited. For information purposes it is noted that prior to the completion of the transaction, Champion Iron Mines Limited had received analyst coverage from investment firms, including some named below.

Firm Analyst Telephone
Canaccord Genuity Gary Lampard +1 416-867-6020
Desjardins Capital Markets Jackie Przybylowski + 416-607-3092
Haywood Securities Colin Healey +1 604-697-6089
Macquarie Capital Markets Daniel Greenspan +1 416-848-3541
Pareto Securities Rhys Bradley +44 (0) 20 7786 4370
Paradigm Capital Santo Ranieri +1 416-360-3642
Raymond James Adam Low +1 416-777-4943
Salman Partners Mike Plaster +1 416-360-5890
Scotia Capital Mark Turner +1 416-863-7484

Analyst reports are proprietary products of the investment firm. Re-circulating a report by an analyst may be viewed as an endorsement by Champion Iron of the report. For these reasons, Champion Iron will not provide analyst reports through any means to persons outside of Champion Iron, including posting such information on its website. Champion Iron may post on its website a complete list (regardless of the recommendation), of the names of the investment firms and analysts that, to its knowledge, provide research coverage of Champion Iron. If provided, such list will not include links to the analysts or any other third party links or publications.