Noront Resources Ltd. announced today that the Noront Board of Directors has granted 923,815 restricted stock units convertible into common shares of the Company six months from the date of grant, being June 18, 2021. The RSUs were granted to various Directors, Officers and Management pursuant to Noront’s share awards plan and will be used to [...]
Noront Resources Ltd. announced today that Gregory Honig, Director of Origination, Canada, Resource Capital Funds has resigned from the Company’s Board of Directors. Mr. Honig’s resignation follows the recently announced agreement that will result in the sale of Resource Capital Fund V L.P.’s beneficial equity and debt interests in Noront Resources [...]
Noront Resources Ltd. is pleased to welcome its new cornerstone security holder Wyloo Metals Pty Ltd. which has entered into an agreement to acquire the beneficial equity and debt interests previously held by Resource Capital Fund V L.P. Wyloo Metals is the mining division of Tattarang, one of Australia’s largest private investment groups. A [...]
Noront Resources Ltd. today updated the metallurgical information for its Eagle’s Nest Mine Project and provided results from its 2020 drilling program. Metallurgical testing conducted by Expert Process Solutions , a GLENCORE company, demonstrated very good overall metallurgical performance of the Eagle’s Nest ore with strong [...]
Noront Resources Ltd. is pleased to provide an update of activities for interested stakeholders. Infrastructure The Company was pleased to see the recent request for proposals for the Northern Road Link Environmental Assessment and associated engineering for last leg of the North-South all season road network to the Ring of Fire. All sections of [...]
Noront Resources Ltd. announced today that the Noront Board of Directors has granted 1,101,419 restricted stock units convertible into common shares of the Company six months from the date of grant, being March 30, 2021. The RSU’s were granted to various Directors, Officers and Management pursuant to Noront’s share awards plan and will be used to [...]
Noront Resources Ltd. is pleased to report the voting results of the Annual and Special Meeting of Shareholders held today, September 3, 2020. Shareholders voted in favour of the election of all director nominees. The percentage of votes cast for each director is as follows: Directors % of Votes For % of Votes Withheld Outcome Alan Coutts 94.76 [...]
Noront Resources Ltd. is reopening Esker Site and mobilizing its team to resume exploration activities in the Ring of Fire. “We are initiating a late summer field program that will require 12-15 people during which we’ll employ soil sampling to explore for gold and airborne geophysical surveys to explore for nickel,” said Noront [...]
Noront Resources Ltd. announced today that Mr. Matthew Quinlan, Interim CFO for Trevali Mining Corporation, has been appointed to the Company’s Board of Directors. Appointment of Matthew Quinlan Mr. Quinlan has 25 years of experience in finance, capital markets and the global mining industry. Prior to Trevali, he was the CFO of [...]
Noront Resources Ltd. is pleased to report a maiden resource estimate for the No. 8 sulfide lens and updated resource estimates for the No. 1 and No. 3 sulfide lenses. Given their close proximity, these lenses will be known as the Nikka copper-zinc deposit at the Company’s 85% owned McFaulds VMS property in the Ring of Fire . Nikka means [...]
Noront Resources Ltd. announces that payment of interest in the amount of $424,182 for the first 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 2,750,856 common shares of the Company at an effective price of $0.1542 per Interest [...]
Noront Resources Ltd. is pleased to acknowledge the agreement announced today between the provincial government, Marten Falls First Nation and Webequie First Nation to advance planning and development of a proposed Northern Road Link that will provide reliable, all-season road access to mine sites in the Ring of Fire and connect First Nation [...]