Alderon Iron Ore Corp announced that its common shares have been approved for listing on the NYSE Amex.

Alderon anticipates trading on the NYSE Amex exchange will begin on Friday, March 9, 2012 under the symbol "AXX".

The Company will continue to trade on the Toronto Stock Exchange under the symbol "ADV".

Mr Mark Morabito CEO of Alderon said “This NYSE Amex listing represents another significant milestone in Alderon's growth. The listing will provide greater trading accessibility for United States investors, is expected to enhance liquidity and will provide Alderon with exposure to a wider audience of investors.”

Alderon is a leading Canadian iron ore development company with offices in Vancouver, Toronto, Montreal and St. John's. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

Source - ALDERON IRON ORE CORP

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