MONTREAL, Dec. 3 /CNW Telbec/ - Freewest Resources Canada Inc. (FWR: TSX-V) will hold a conference call to discuss the increased offer and proposed plan of arrangement with Cliffs Natural Resources Inc. (NYSE: CLF; Paris: CLF).
The conference call will be held at 09:00 EST, on Friday, December 4, 2009. Interested parties may also access the conference call by webcast at: http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=2910600.
A copy of the investor presentation that will be discussed during the call will also be available on Freewest's website at www.freewest.com.
The telephone numbers to access the conference call are 1-888-231-8191 (toll-free North America) or 514-807-9895.
OPEN TO: Analysts, investors and all interested parties
DATE: December 4, 2009
TIME: 09:00 Eastern Time
Freewest is a mineral exploration company actively exploring for gold, base-metals and chromite within eastern Canada. Corporate information can be accessed on the Internet 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:
100 University Avenue
11th Floor, South Tower
North American Toll Free Number: 1-866-433-7579
Banks and Brokers Collect Number: 1-212-806-6859
Neither the 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.
SOURCE FREEWEST RESOURCES CANADA INC.
For further information: For further information: Mackenzie I. Watson, President and CEO, (514) 878-3551, 1-888-878-3551, Fax: (514) 878-4427, email@example.com; www.freewest.com