Alderon Iron Ore Corp.

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Canada & British Columbia Vancouver

1140 West Pender Street, Suite 1240

+1 604 681-8030

www.alderonironore.com

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Company Press Releases

IIROC Trading Halt - IRON

TORONTO, April 29, 2020 /CNW/ - The following issues have been halted by IIROC: Company: Alderon Iron Ore Corp. TSX Symbol: IRON (all issues) Reason: Dissemination Halt Time (ET): 7:47 AM IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Investment Industry Regulatory Organization of Canada (IIROC...

Alderon Provides Corporate Update

VANCOUVER, British Columbia, April 28, 2020 (GLOBE NEWSWIRE) -- Alderon Iron Ore Corp. (TSX: IRON) ("Alderon" or the “Company”) announces an update with respect the US$14 million loan facility, plus accrued interest and fees, (the “Loan Facility”) due to Sprott Resource Lending (“Sprott”). As previously disclosed, the Company did not repay the Loan Facility as of the maturity date and Sprott has been in a position to realize on its security, resulting in the Company losing its interest in the Kami Project. For a period of over 18 mo...

Alderon Provides Loan Update

VANCOUVER, British Columbia, April 01, 2020 (GLOBE NEWSWIRE) -- Alderon Iron Ore Corp. (TSX: IRON) ("Alderon" or the “Company”) announces an update with respect the US$14 million loan facility (the “Loan Facility”) due to Sprott Resource Lending (“Sprott”). Sprott previously agreed to an extension of the maturity date of the Loan Facility to March 31, 2020. The Company did not repay the Loan Facility as of the maturity date. The Company’s obligations under the Loan Facility are secured against the Kami Project. As the Company...

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