April 1 (Reuters) - Alderon Iron Ore Corp IRON.TO :
* ALDERON PROVIDES LOAN UPDATE
* ALDERON IRON ORE CORP - SPROTT PREVIOUSLY AGREED TO AN EXTENSION OF MATURITY DATE OF LOAN FACILITY TO MARCH 31, 2020
* ALDERON IRON ORE CORP - COMPANY DID NOT REPAY LOAN FACILITY AS OF MATURITY DATE
* ALDERON IRON ORE CORP - AS CO HAS NOT REPAID LOAN FACILITY, SPROTT MAY REALIZE ON ITS SECURITY AND COMPANY COULD LOSE ITS INTEREST IN KAMI PROJECT
* ALDERON IRON ORE CORP - AT THIS TIME, SPROTT HAS NOT MADE A DETERMINATION REGARDING ENFORCEMENT OF ITS SECURITY
* ALDERON IRON ORE CORP - CONTINUES TO EVALUATE POTENTIAL ALTERNATIVES, INCLUDING A CORPORATE TRANSACTION OR EXTENSION OF LOAN FACILITY