15:52 EST Thursday, Apr 16, 2009
TORONTO, April 16 /CNW/ - Noront Resources Ltd. ("Noront" or the "Company") (TSX Venture: NOT) is pleased to announce the formal signing and ratification by Marten Falls First Nation Band Council of a Historical Compensation Agreement with Marten Falls First Nation ("MFFN"). This agreement pertains to Noront's exploration activities from August 25, 2007 to the end of December 2008 conducted on MFFN Traditional Lands as represented to Noront by MFFN with reference to MFFN member's trap-lines in the James Bay Lowlands of Ontario, in the mining exploration area commonly referred to as the "Ring of Fire".
I am having trouble with this NR. Does it cover work already done or is this an agreement that was created by Nemis in 07 and just re signed recently??
I'd appreciate any views on this issue.TIA
Don