CLIFFS NATURAL RESOURCES INC. 9,000,000 Common Shares Underwriting AgreementUnderwriting Agreement • June 8th, 2011 • Cliffs Natural Resources Inc. • Metal mining • New York
Cliffs Natural Resources Inc., an Ohio corporation (the “Company”), proposes to issue and sell to the several Underwriters listed in Schedule 1 hereto (the “Underwriters”), for whom you are acting as representatives (the “Representatives”), an aggregate of 9,000,000 common shares, par value $0.125 per share, of the Company (the “Underwritten Shares”) and, at the option of the Underwriters, up to an additional 1,350,000 common shares, par value $0.125 per share, of the Company (the “Option Shares”). The Underwritten Shares and the Option Shares are herein referred to as the “Shares”. The common shares, par value $0.125 per share, of the Company to be outstanding after giving effect to the sale of the Shares are referred to herein as the “Stock”.
