Alderon Files 2014 Annual Financial Statements and Annual Report

VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 27, 2015) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX) ("Alderon" or the "Company") announces that it has filed with the applicable Canadian securities regulatory authorities on SEDAR its 2014 audited annual consolidated financial statements ("Financial Statements") and management's discussion and analysis ("MD&A") in relation thereto, and Annual Information Form on Form 20-F ("Form 20-F") for the year ended December 31, 2014. The Company has also filed the Financial Statements, MD&A and the Form 20-F with the United States Securities and Exchange Commission on EDGAR. The Financial Statements, MD&A and Form 20-F are available on the Company's website at www.alderonironore.com. Shareholders have the ability to receive a hard copy of the Financial Statements and MD&A free of charge upon request to the Company.

The Financial Statements, included in the Company's Form 20-F, contain an audit opinion from its independent registered public accounting firm which includes an emphasis of matter paragraph with respect to the Company's use of the going concern assumption. This announcement is made pursuant to NYSE MKT Company Guide Section 610(b), which requires separate disclosure of receipt of an audit opinion containing going concern explanatory language.

About Alderon

Alderon is a leading iron ore development company in Canada with offices in Montreal, Vancouver, St. John's and Labrador City. The Kami Project, owned 75% by Alderon and 25% by Hebei Iron & Steel Group Co. Ltd. ("HBIS") through The Kami Mine Limited Partnership, is located within Canada's premier iron ore district and is surrounded by two producing iron ore mines. Its port handling facilities are located in Sept-Iles, the leading iron ore port in North America. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production. HBIS is Alderon's strategic partner in the development of the Kami Project and China's largest steel producer.