Tayfun Eldem, a Senior Officer and Director, acquired 833,333 Common Shares on a direct ownership basis at a price of $0.240 through a prospectus or prospectus exempt offering on February 15th, 2018. This represents a $200,000 investment into the company's shares and an account share holdings change of greater than 100%.
Alderon Iron Ore is in the Steel Sub Industry Group under the Basic Materials Sector.
Alderon Iron Ore Corp. is a Canada-based development-stage company engaged in conducting iron ore evaluation activities related to its Canadian properties, which are located in western Labrador in the province of Newfoundland and Labrador (collectively referred to as the Kamistiatusset, or Kami, Property). The Company is focused on developing its asset, the Kami Property, which is located next to the mining towns of Wabush and Labrador City. The Kami Property is surrounded by approximately two producing mines and includes over 305 claims in Labrador for a total of approximately 7,625 hectares.
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