Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No ___X____
MATERIAL FACT
Public Company
COMPANHIA SIDERÚRGICA NACIONAL
CNPJ/MF: 33.042.730/0001-04
COMPANHIA SIDERÚRGICA NACIONAL (BOVESPA: CSNA3; NYSE: SID) hereby informs its shareholders and the public in general that, on this date, the Board of Directors acknowledged and received the new certification report of the iron ore reserves of Casa de Pedra and Engenho mines (“Report”).
The Report was prepared by Snowden do Brasil Consultoria Ltda. in accordance with the methodology adopted by the Australasian Code for Reporting of Exploration Results, Mineral Resource and Ore Reserves pursuant to JORC Code 2012 and industry best practices. The Report certifies reserves of 3,021 million tons of iron ore, which represents an 85% increase in comparison to the amount certified in the last report prepared in April 2007 by Golder Associates.
São Paulo, March 11, 2015
David Moise Salama
Investor Relations Executive Officer
COMPANHIA SIDERÚRGICA NACIONAL | |
By: |
/S/ Benjamin Steinbruch
|
Benjamin Steinbruch
Chief Executive Officer |
| |
By: |
/S/ David Moise Salama
|
David Moise Salama
Investor Relations Executive Officer |
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.