June 21 (Reuters) - Alderon Iron Ore Corp IRON.TO :
* SPROTT US$14 MILLION LOAN FACILITY POSITIONS ALDERON'S HIGH-GRADE IRON ORE KAMI PROJECT FOR CONTINUED RE-BOOT
* ALDERON IRON ORE CORP - US$14 MILLION LOAN FACILITY HAS INITIAL TERM OF 18-MONTHS, MATURING ON DECEMBER 31, 2019
* ALDERON IRON ORE - ALTIUS MINERALS CORPORATION, THROUGH A UNIT, WILL BE PROVIDING US$2 MILLION OF US$14 MILLION PRINCIPAL LOAN AMOUNT
* ALDERON IRON ORE - TERMS OF LOAN FACILITY ALSO REQUIRE CO TO ISSUE US$1.05 MILLION IN COMMON SHARES TO SPROTT AND ALTIUS
* ALDERON IRON ORE CORP - CO, KAMI MINE LP HAVE ENTERED INTO AGREEMENT WITH SPROTT, FOR A US$14 MILLION LOAN FACILITY