Mar 13, 2008 (M2 PRESSWIRE via COMTEX News Network) -- Today Bellwether Report has identified Noront Resources Ltd. (TSX-V:NOT), a company that our analysts will be tracking over the ensuing weeks. They recently came out with a significant corporate development on Wednesday March 12, 2008, causing a short term market correction. For a full report on the below mentioned company, and many more, feel free to visit www.bellwetherreport.com for a free 90 day no obligation trial.
Noront is an exploration company with gold and uranium properties in Quebec and Ontario and precious and base metals properties in Mexico. The Company also has property interests in Inner Mongolia and Hungary. Noront experienced a slight increase this Wednesday, as shares rose by a fraction of a percent to $6.42 on volume of 305,265 at the closing bell.
Wednesday March 12, 2008 Noront Resources Ltd. announced that the 3,250,000 warrants exercisable at $5.00 per common share, which formed part of the units subscribed for pursuant to the private placement described in Noront's press release of February 7, 2008 are now exercisable on or before 5:00 p.m. (Toronto time) on April 10, 2008 after which time they will expire.
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