Two years from this February Press release is the year 2010.

I expect these investors will be VERY happy before that date. And a big thank you to them for putting up the money so NORONT can breathe easily on the financial front as it unlocks the secrets of the ROF! (and this even before Mr. Chromium walked onto the stage).

From Noront Resources (TSX-V: NOT) traded at $4.42 Monday morning, down $0.04 or -0.90% on volumes of 202,518, near the mid-point of the 52 week high of $7.05. Firm commitments from several investors have been received for private placement of 6,500,000 units of Noront with aggregate gross proceeds of $26,000,000. The units are a combination of one common share and another half share purchase warrant which entitles the investors to a common share at an exercise price of $5.00 for two years from date of issue. The agreement is expected to close on or before February 6th, 2008. President and chief executive officer, Richard Hemis said, "This placement will permit Norton to accelerate the exploration and definition of its very attractive nickel-copper-platinum-palladium discovery in the James Bay Lowlands." Drilling results at The Double Eagle Project, which includes the James Bay Lowlands, have continued to add to the potential of the discovery over the last several months.

As for Mr. Nemis; He has been working his whole life for this crowning achievement. This is the dream and the pot of gold and the 'blue sky' that maybe one in 10,000 exloration companies get to be a part of. I see NO WAY he's leaving. This is what keeps a man young. If he's going fishing it's only to get away from the phones and refresh himself. Hold on to your shares' he says... this thing has just begun....

BK