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Baffinland announces new Chief Financial Officer

February 21, 2019 – Baffinland Iron Mines Corporation (the “Company”) is pleased to announce that Fernando Ragone has joined the Company as Chief Financial Officer. Fernando is an experienced leader, most recently for First Majestic Silver Corporation, where he focused on successful business improvement projects. Prior to his tenure with First Majestic Silver, Fernando led business-wide improvement activities at Primero Mining Corporation. Fernando spent 14 years with Glencore Xstrata, including four years as the chief financial officer for Glencore’s North American Zinc Business, with annual sales of $4.5 billion, including four operating mines, three smelters and exploration projects. “We are pleased to have Fernando join our executive team at this exciting juncture in the Company’s history,” said Baffinland’s President and CEO, Brian Penney.   About Baffinland Iron Mines Corporation Jointly owned by Nunavut Iron Ore and ArcelorMittal, Baffinland Iron Mines Corporation operates a high-grade iron ore mine located on Baffin Island, Nunavut. Our mine produces the highest grade of direct shipping iron ore in the world. Baffinland is committed to operating the Mary River Mine in an environmentally and socially responsible manner that benefits all stakeholders. For further information about the Company please visit www.baffinland.com.
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