Alderon Resource Corp.

Published : March 27th, 2015

Alderon Files 2014 Annual Financial Statements and Annual Report

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Alderon Files 2014 Annual Financial Statements and Annual Report

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 27, 2015) - Alderon Iron Ore Corp. (ADV.TO)(NYSE MKT:AXX) ("Alderon" or the "Company") announces that it has filed with the applicable Canadian securities regulatory authorities on SEDAR its 2014 audited annual consolidated financial statements ("Financial Statements") and management's discussion and analysis ("MD&A") in relation thereto, and Annual Information Form on Form 20-F ("Form 20-F") for the year ended December 31, 2014. The Company has also filed the Financial Statements, MD&A and the Form 20-F with the United States Securities and Exchange Commission on EDGAR. The Financial Statements, MD&A and Form 20-F are available on the Company's website at www.alderonironore.com. Shareholders have the ability to receive a hard copy of the Financial Statements and MD&A free of charge upon request to the Company.

The Financial Statements, included in the Company's Form 20-F, contain an audit opinion from its independent registered public accounting firm which includes an emphasis of matter paragraph with respect to the Company's use of the going concern assumption. This announcement is made pursuant to NYSE MKT Company Guide Section 610(b), which requires separate disclosure of receipt of an audit opinion containing going concern explanatory language.

About Alderon

Alderon is a leading iron ore development company in Canada with offices in Montreal, Vancouver, St. John's and Labrador City. The Kami Project, owned 75% by Alderon and 25% by Hebei Iron & Steel Group Co. Ltd. ("HBIS") through The Kami Mine Limited Partnership, is located within Canada's premier iron ore district and is surrounded by two producing iron ore mines. Its port handling facilities are located in Sept-Iles, the leading iron ore port in North America. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production. HBIS is Alderon's strategic partner in the development of the Kami Project and China's largest steel producer.

For more information on Alderon, please visit our website at www.alderonironore.com.

ALDERON IRON ORE CORP.

On behalf of the Board

Mark J Morabito, Executive Chairman

Cautionary Note Regarding Forward-Looking Information

This press release contains "forward-looking information" within the meaning of the U.S. Private Securities Litigation Reform Act and Canadian securities laws concerning anticipated developments and events that may occur in the future. Forward-looking information contained in this press release include, but are not limited to, statements with respect to the development of the Kami Project.

In certain cases, forward-looking information can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this press release is based on certain factors and assumptions regarding, among other things, receipt of governmental and other approvals, the estimation of mineral reserves and resources, the realization of reserve and resource estimates, iron ore and other metal prices, the timing and amount of future exploration and development expenditures, the estimation of initial and sustaining capital requirements, the estimation of labour and operating costs, the availability of necessary financing and materials to continue to explore and develop the Kami Project in the short and long-term, the progress of exploration and development activities, the receipt of necessary regulatory approvals, the estimation of insurance coverage, and assumptions with respect to currency fluctuations, environmental risks, title disputes or claims, and other similar matters. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks inherent in the exploration and development of mineral deposits, including risks relating to changes in project parameters as plans continue to be redefined including the possibility that mining operations may not commence at the Kami Project, risks relating to variations in mineral resources, grade or recovery rates resulting from current exploration and development activities, risks relating to the ability to access rail transportation, sources of power and port facilities, risks relating to changes in iron ore prices and the worldwide demand for and supply of iron ore and related products, risks related to increased competition in the market for iron ore and related products and in the mining industry generally, risks related to current global financial conditions, uncertainties inherent in the estimation of mineral resources, access and supply risks, reliance on key personnel, operational risks inherent in the conduct of mining activities, including the risk of accidents, labour disputes, increases in capital and operating costs and the risk of delays or increased costs that might be encountered during the development process, regulatory risks, including risks relating to the acquisition of the necessary licences and permits, financing, capitalization and liquidity risks, including the risk that the financing necessary to fund the exploration and development activities at the Kami Project may not be available on satisfactory terms, or at all, risks related to disputes concerning property titles and interest, risks related to disputes with Aboriginal groups, environmental risks and the additional risks identified in the "Risk Factors" section of the Company's Annual Information Form for the most recently completed financial year, which is included in its Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the "SEC") or other reports and filings with applicable Canadian securities regulators and the SEC. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this press release. Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update or revise any forward-looking information.

Read the rest of the article at finance.yahoo.com
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Alderon Resource Corp.

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Alderon Resources is a exploration company based in Canada.

Its main exploration property is KAMI in Canada.

Alderon Resources is listed in Canada and in United States of America. Its market capitalisation is CA$ 64.1 millions as of today (US$ 47.6 millions, € 45.1 millions).

Its stock quote reached its highest recent level on February 18, 2011 at CA$ 4.20, and its lowest recent point on January 22, 2016 at CA$ 0.07.

Alderon Resources has 132 134 061 shares outstanding.

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Nominations of Alderon Resource Corp.
4/27/2011Appoints Former Iron Ore Company General Manager as COO
Project news of Alderon Resource Corp.
12/9/2014Canada iron ore miner Alderon to cut jobs, defer payments to...
9/8/2011Releases Positive Preliminary Economic Assessment
4/5/2011(Kami)Announces Initial Iron Ore Resource at Kami
3/2/2011in Resource World Magazine
2/16/2011Iron-ore junior Alderon sees interest
Corporate news of Alderon Resource Corp.
5/6/2016Alderon reports 1Q loss
11/6/2015Alderon Appoints Chief Financial Officer
11/5/2015Alderon reports 3Q loss
10/2/2015Alderon Announces Voluntary Delisting from NYSE MKT
8/11/2015Alderon Provides Corporate Update
6/18/2015Alderon Announces AGM Results
3/27/2015Files 2014 Annual Financial Statements and Annual Report
3/27/2015Alderon Files 2014 Annual Financial Statements and Annual Re...
12/19/2014Alderon Appoints Interim CFO
12/9/2014Alderon Implements Cash Preservation Program
11/18/2014Alderon Receives 2014 Developer of the Year Award
11/13/2014Alderon Appoints Two New Hebei Directors to the Board
10/2/2014Alderon: Update on New Transmission Line
9/30/2014Alderon Announces Changes to the Board of Directors
8/20/2014Alderon Provides Project Financing Update
7/30/2014Alderon Announces AGM Results
7/29/2014Alderon Announces Off-Take Transaction With Glencore
6/30/2014Alderon Completes Required Engineering to Commence Construct...
6/11/2014Alderon Signs Life Cycle Services Agreement with Metso
5/29/2014Alderon Appoints Former BHP Billiton Iron Ore President, and...
5/27/2014Alderon Signs Benefits Agreement With Province of Newfoundla...
5/21/2014Alderon Receives Ministerial Approval for Several Environmen...
5/8/2014Alderon Announces Adoption of Advance Notice Policy
7/12/2011Iron ore to stay above $150
7/6/2011Strengthens Mining Team With Addition of Former Iron Ore Com...
6/9/2011Targets 800 Million to 1 Billion Tonne Resource at 28 to 32%...
5/13/2011featured by Peter Grandich
5/11/2011Intersects 29% Iron Over 227 Meters at North Rose
4/19/2011Confirms Iron at North Rose with 31% Iron Over 204 Meters
4/18/2011Clarifies Technical Disclosure
3/9/2011Clarifies March 9, 2011 Trading Activity
2/3/2011Commences Winter Drill Program at Kami
1/22/2011Confirms Iron at Mills Lake with 30% Iron Over 193 Meters
1/12/2011featured by Peter Grandich
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