Article: Consolidated Thompson Announces Signing of a Long Term Lease Agreement With Port of Sept-Iles While Initiating Construction of Ore Handling Facilities at Pointe Noire.

MONTREAL, QUEBEC, Oct 29, 2009 (Marketwire via COMTEX) -- Consolidated Thompson Iron Mines Ltd (TSX:CLM) (``CLM`` or the ``Company``) is pleased to announce that it has signed a long term lease agreement with Port of Sept-Iles allowing CLM to proceed with the construction of a lay down area and the utilization of the port docking facilities at Pointe Noire.

Mr. Richard Quesnel, the President and Chief Executive Officer of CLM, stated, "Closing this agreement is a significant step forward for CLM as we proceed with the construction of world class facilities that will be capable of handling tonnages up to 16.0 million tonnes of iron ore per year. We look forward to ...

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