Starr Peak Exploration Ltd.

0.11

Canada & British Columbia Vancouver

Stn. Bentall Centre, PO Box 48778

+1 604 669-6463

www.starrpeakexploration.com

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Company Press Releases

Stelco Holdings Inc. Announces Completion of Inventory Monetization Transaction

HAMILTON, ON, Dec. 11, 2017 /CNW/ - Stelco Holdings Inc. (the "Company") (TSX: STLC) announced today that Stelco Inc. ("Stelco") has completed inventory monetization arrangement previously disclosed in its supplemented prep prospectus dated November 2, 2017.  Under the terms of the arrangement, Stelco has agreed to transfer certain of its raw material inventory, including coal and iron ore to a third party in consideration for net proceeds of approximately U.S $100 million. Under the terms of the arrangement, Stelco is required to post a cash collateral margin t...

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