This restructuring in addition to the announcement last week is a clear directive that Noront is on a mission. It has graduated from a lean and mean junior to a company bent on serious change. Feeney as CFO brings a weighty resume as former CFO of Labatt. It was pointed out that he was involved in the global consolidation of the brewing industry and a key member of the Interbrew acquisition team. Same process, different industry. He was also an Exec VP of Trimark and certainly knows the institutional markets and has contacts. Now we have a VP of Legal and business Affairs.

Dr. Mungal has gone from hired help to Cheif Geologist and a member of the team. Well folks, in a week we have been transformed into a corporate entity that is equipped to tackle just about anything.