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Noront Resources Ltd (NOT.V)

NOT.V on TSX Venture Exchange

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Latest Key Developments (Source: Significant Developments)

MacDonald Mines says to continue exploration of its VMS Properties
Monday, 8 Aug 2016 07:30am EDT 

Macdonald Mines Exploration Ltd : Macdonald Mines announces arrangement to continue exploration of its VMS properties .Noront will acquire a 75% interest in all of Bmk's properties in ring of fire district.  Full Article

Noront Resources announces amended debt arrangement with Resource Capital Fund V
Thursday, 30 Jun 2016 05:55pm EDT 

Noront Resources Ltd : Announces amended debt arrangement with Resource Capital Fund V . Maturity date of convertible debenture has been extended for a year and a half to December 31, 2017 .Amnedment to extend term of its existing $15 million convertible debenture.  Full Article

Noront Resources announces closing of private placement
Tuesday, 8 Sep 2015 02:57pm EDT 

Noront Resources:Aggregate gross proceeds of the private placement were approximately $1.54 million.Company issued 2,907,575 units at a price of $0.33 per Unit for gross proceeds of $959,500 and 1,535,000 flow-through common shares at a price of $0.38 per flow through common share for gross proceeds of $583,300.Intends to use the proceeds to further the development of its Eagle's Nest project, for exploration in the Ring of Fire and for general working capital.  Full Article

Noront Resources Ltd closes $2.0 million bridge loan with Resource Capital Fund V
Tuesday, 30 Jun 2015 05:14pm EDT 

Noront Resources Ltd:Entered into a definitive agreement with Resource Capital Fund V L.P. for a $2.0 million bridge loan facility and has drawn down the aggregate principal amount available under the Facility.Proceeds of the Facility are expected to be used to augment the Company's working capital and advance its mineral projects in the Ring of Fire.  Full Article

Noront Resources Ltd completes acquisition of securities of KWG Resources Inc
Thursday, 30 Apr 2015 02:40pm EDT 

Noront Resources Ltd:Completes the indirect acquisition of 111,733,215 common shares of KWG Resources Inc. from Cliffs Greene B.V. in connection with the previously-announced broader transaction pursuant to which Noront acquired certain other assets from affiliates of Cliffs Greene.Purchased Shares of KWG are held by Noront's wholly-owned subsidiary Noront Muketei Minerals Ltd.As a result, Noront beneficially owns approximately 13.8 pct of the issued and outstanding common shares of KWG as at the date of acquisition.  Full Article

Noront Resources to acquire Cliffs Chromite Properties in Ring of Fire
Monday, 23 Mar 2015 07:00am EDT 

Noront Resources Ltd:Entered into an agreement to acquire, among other things, the shares of Cliffs Chromite Ontario Inc. (CCOI) and Cliffs Chromite Far North Inc. (CCFNI) both indirect wholly owned subsidiaries of Cliffs Natural Resources Inc. which hold mining claims in the Ring of Fire mining district.Says for an acquisition price of $20 million.The Transaction includes the acquisition of about 103 claims currently owned by CCOI and CCFNI, including: a 100 pct interest in the Black Thor chromite deposit; a 100 pct interest in the Black Label chromite deposit; and, a 70 pct interest in the Big Daddy chromite deposit.It also gives Noront 85 pct ownership of the McFauld's Lake copper zinc resource.  Full Article

BRIEF-NORONT RESOURCES PROVIDES UPDATE ON RING OF FIRE DEVELOPMENT AND EXPLORATION ACTIVITIES

* NORONT RESOURCES PROVIDES UPDATE ON RING OF FIRE DEVELOPMENT AND EXPLORATION ACTIVITIES, AND ANNOUNCES ISSUANCE OF INTEREST SHARES

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