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Champion Iron to Present at Renmark Financial Communication S’ Virtual Non -Deal Roadshow Series ON Monday , March 13, 2023

Marketing Announcement

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PRESS RELEASE

CHAMPION IRON TO PRESENT AT RENMARK FINANCIAL COMMUNICATION S’

VIRTUAL NON -DEAL ROADSHOW SERIES ON MONDAY , MARCH 13, 2023

Montréal, March 7, 2023 (Sydney, March 8, 2023) - Champion Iron Limited (TSX: CIA) (ASX: CIA) (OTCQX: CIAFF) (“Champion” or the “Company”)

announces that it will present at Renmark Financial Communications Inc. ’s (“Renmark”) live Virtual Non -Deal Roadshow Series on Monday ,

March 13, 2023 at 10:00 AM (Montréal time ) / Tuesday March 14, 202 3 at 1:00 AM (Sydney time) (the “ Event”). Champion welcomes all

stakeholders, investors, and other individuals to register and attend the Event.

The Event will be presented in English and feature Champion’s Chief Executive Officer, David Cataford. Registration for the Event may be limited

and individuals interested in participating will need to register using the link below. The investor presentation to be used at the Event and access

to the replay will be available on Champion’s website at www.championiron.com.

Register for the Event using the link below :

To ensure adequate connectivity, please access this link using the latest version of Google Chrome.

https:/ /www.renmarkfinancial.com/events/renmark-virtual-non-deal-roadshow-tsx-cia-otcqx-ciaff-asx-cia-2023-03-13-100000

About Champion Iron Limited

Champion, through its subsidiary Quebec Iron Ore Inc., owns and operates the Bloom Lake Mining Complex, located on the south end of the

Labrador Trough, approximately 13 km north of Fermont, Québec. Bloom Lake is an open -pit operation with two concentrator s that primarily

source energy from renewable hydroelectric power. The two concentrators have a combined nameplate capacity of 15 Mtpa and pro duce a low

contaminant high-grade 66.2% Fe iron ore concentrate with a proven ability to produce a 67.5% Fe direct reduction quality concentrate. Bloom

Lake's high-grade and low contaminant iron ore products have attracted a premium to the Platts IODEX 62% Fe iron ore benchmark. The Company

ships iron ore concentrate from Bloom Lake by rail, to a ship loading port in Sept-Îles, Québec, and has sold its iron ore concentrate to customers

globally, including in China, Japan, the Middle East, Europe, South Korea, India and Canada. In addition to Bloom Lake, Champion owns a portfolio

of exploration and development projects in the Labrador Trough, including the Kamistiatusset Project, located a few kilometres south -east of

Bloom Lake, and the Consolidated Fire Lake North iron ore project, located approximately 40 km south of Bloom Lake.

About Renmark Financial Communications Inc.

Founded in 1999, Renmark Financial Communications Inc. is North America’s leading retail investor relations firm . Employing a strategic and

comprehensive mix of exposure tactics, Renmark hosts Virtual Non-Deal Roadshows as well as in-person corporate presentations and maintains

daily communications with thousands of brokers and money managers across Canada and the United States. Renmark empowers its publicly

traded clientele to maximize their visibility within the financial community and strengthen their investor audience.

For further information , please contact:

Champion Iron Limited

Michael Marcotte, CFA

Senior Vice-President, Corporate Development and Capital Markets

514-316-4858, Ext. 1128

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[email protected]

Renmark Financial Communications Inc.

Kerry Schacter: [email protected]

Tel.: (416) 644-2020 or (212) 812-7680

www.renmarkfinancial.com

For additional information on Champion Iron Limited, please visit our website at: www.championiron.com.

This press release has been authorized for release to the market by the CEO of Champion Iron Limited, David Cataford.