Patrice Merrin Withdraws As Casablanca Capital Director Nominee For Cliffs

(RTTNews) - Casablanca Capital LP, the beneficial owner of approximately 5.2% of Cliffs Natural Resources Inc. (CLF), announced that Patrice Merrin has withdrawn from the slate of directors nominated by Casablanca to serve on the Cliffs Board following her appointment today to the Board of Directors of Glencore plc. (GLCNF.PK, GLNCY.PK, GLEN.L).

Earlier today, Casablanca Capital LP released a detailed presentation outlining its plan to drive substantial value creation for all Cliffs shareholders. The presentation, along with other information regarding Casablanca's nomination of six director candidates for election to the Board of Directors at the Company's upcoming 2014 Annual Meeting of shareholders to be held on July 29, 2014. Casablanca urges all shareholders to vote their shares FOR Casablanca's independent nominees on the GOLD proxy card.