Noront Resources Ltd. today announced that it has filed a directors' circular in connection with the proposed acquisition of Noront by BHP Western Mining Resources International Pty Ltd , a wholly-owned subsidiary of BHP Lonsdale Investments Pty Ltd. . The Transaction As announced on July 27, 2021, Noront entered into a definitive Support Agreement [...]
Consideration of C$0.55 per share represents a 129% premium to Noront's unaffected closing price on May 21, 2021 and a 69% premium to Noront's closing price on July 26, 2021, the last trading day prior to announcing this transaction. The members of the Noront Board who voted on the matter unanimously recommend shareholders accept the offer. Noront [...]
Noront Resources Ltd. announces that payment of interest in the amount of $371,700 for the second quarter of 2021 pursuant to a loan agreement between Noront and Wyloo Canada Holdings Pty Ltd. dated February 26, 2013 will be satisfied by delivery of 1,111,945 common shares of the Company at an effective price of $0.3343 per Interest Share. The [...]
Noront Resources Ltd. has completed its previously-announced private placement financing of 21,659,385 common shares of the Company at a price of $0.283 per Common Share for gross proceeds of approximately $6.1 million, excluding the Wyloo Top-Up Shares . In connection with the Private Placement, Wyloo Canada Holdings Pty Ltd. exercised its top-up [...]
Noront Resources Ltd. is pleased to report the voting results of the Annual and Special Meeting of Shareholders held today, June 9, 2021. Shareholders voted in favour of all matters brought before the Meeting, including the election of all of the director nominees, comprising: Alan Coutts; Luca Giacovazzi; Jean Paul Gladu; Bo Liu; Paul Parisotto [...]
Noront Resources Ltd. today announced its intention to complete a private placement financing of 21,659,385 common shares of the Company at a price of $0.283 per Common Share to raise gross proceeds of approximately $6.1 million. Closing of the Private Placement is anticipated to occur on or about June 11, 2021. The Company has an immediate need [...]
Shareholder Proxy Voting Deadline is Monday, June 7, 2021 at 10:00 a.m. Shareholder Questions or Require Voting Assistance? Contact Laurel Hill Advisory Group toll free at 1-877-452-7184 by email at assistance@laurelhill.com. TORONTO, June 01, 2021 -- Noront Resources Ltd. announces that leading independent international corporate governance [...]
Noront Resources Ltd. announces that leading independent international corporate governance analysis and proxy advisory firms Institutional Shareholder Services and Glass, Lewis & Co., have recommended that Noront shareholders vote FOR all of the Company's director nominees who are standing for election at Noront's upcoming Annual and Special [...]
Noront Resources Ltd. announces that it has adopted a shareholder rights plan effective May 26, 2021. The Rights Plan is designed to ensure that all Noront shareholders are treated fairly in connection with any take-over bid and to protect against "creeping bids" for the outstanding common shares of Noront through purchases exempt from applicable [...]
The Board of Directors of Noront Resources Ltd. notes the announcement today by Wyloo Metals Pty Ltd., a subsidiary of Tattarang Pty Ltd. , that it intends to commence an unsolicited proposal to acquire all of the common shares of Noront . The Corporation will review the terms of the Proposal and will communicate with its shareholders as [...]
Noront Resources Ltd. announced today that the Noront Board of Directors has granted 500,998 restricted stock units convertible into common shares of the Company six months from the date of grant, being October 8, 2021. The Board has also granted options to acquire an aggregate of 6,917,323 common shares of the Company to certain Directors [...]
Noront Resources Ltd. announces that payment of interest in the amount of $382,698 for the fourth quarter of 2020 pursuant to a loan agreement entered into between Noront and Resource Capital Funds V L.P. dated February 26, 2013 has been satisfied by delivery of 1,994,257 common shares of the Company at an effective price of $0.1919 per Interest [...]
