FWR Freewest Resources Canada Com Npv

Freewest Resources Canada Inc. (TSX VENTURE:FWR) announces that it today
obtained a final order from the Ontario Superior Court of Justice (Commercial
List) in respect of its previously-announced Arrangement with Cliffs Natural
Resources Inc. (NYSE:CLF)(PARIS:CLF).


Pursuant to the Arrangement, Freewest shareholders will receive 0.02016 of a
Cliffs share for each Freewest share, or approximately 20 Cliffs shares for
every 1,000 Freewest shares. As previously announced, it is expected that the
Arrangement will become effective on Wednesday, January 27, and that Freewest's
shares will be delisted from the TSX Venture Exchange shortly thereafter.


About Freewest

Freewest is a mineral exploration company actively exploring for gold,
base-metals and chromite within eastern Canada. Corporate information can be
accessed on the Internet at www.freewest.com. Freewest's shares are listed on
Tier 1 of the TSX Venture Exchange under the symbol FWR.


About Cliffs Natural Resources Inc. 

Cliffs Natural Resources (NYSE:CLF)(PARIS:CLF) is an international mining and
natural resources company. It is the largest producer of iron ore pellets in
North America, a major supplier of direct-shipping lump and fines iron ore out
of Australia and a significant producer of metallurgical coal. With core values
of environmental and capital stewardship, Cliffs' colleagues across the globe
endeavor to provide all stakeholders operating and financial transparency as
embodied in the Global Reporting Initiative (GRI) framework. Cliffs is organized
through three geographic business units: 


The North American business unit is comprised of six iron ore mines owned or
managed in Michigan, Minnesota and Eastern Canada, and two coking coal mining
complexes located in West Virginia and Alabama. The Asia Pacific business unit
is comprised of two iron ore mining complexes in Western Australia and a 45%
economic interest in a coking and thermal coal mine in Queensland, Australia.
The South American business unit includes a 30% interest in the Amapa Project,
an iron ore project in the state of Amapa in Brazil. 


Over recent years, Cliffs has been executing a strategy designed to achieve
scale in the mining industry and focused on serving the world's largest and
fastest growing steel markets. 


Forward-Looking Statements

This news release contains statements that constitute "forward-looking
information" or "forward-looking statements" within the meaning of applicable
securities legislation. This forward-looking information is subject to numerous
risks and uncertainties, certain of which are beyond the control of Freewest
Resources Canada Inc. ("Freewest"). Actual results or achievements may differ
materially from those expressed in, or implied by, this forward-looking
information. No assurance can be given that any events anticipated by the
forward-looking information will transpire or occur, or if any of them do so,
what benefits that Freewest will derive therefrom. In particular, no assurance
can be given as to whether the proposed plan of arrangement with Cliffs Natural
Resources Inc. will be completed. Forward-looking information is based on the
estimates and opinions of Freewest's management at the time the information is
released and Freewest does not undertake any obligation to update publicly or to
revise any of the forward-looking statements, whether as a result of new
information, future events or otherwise, except as may be required by applicable
securities laws.

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