Noront Resources 7,598,200-share private placement
Ticker Symbol: C:NOT

Noront Resources 7,598,200-share private placement

Noront Resources Ltd (C:NOT)
Shares Issued 175,633,642
Last Close 5/28/2010 $1.33
Friday May 28 2010 - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced April 19, 2010.

Number of shares:7,598,200 shares Purchase price:$1.83 per share Hidden placees:101 hidden placeesInsiders:Wes Hanson, 30,000; Greg Rieveley, 30,000; Joe Hamilton, 55,000; Keith McKay, 8,000Pro groups:Claudia Martins-LaRosa, 3,000; Richard Cohen, 10,000; Joeford Lee, 5,500; Olev Langelaar, 5,500; Windswept Investment Inc., 25,000; John Panneton, 25,000; Robert Sellars, 14,000; Mark P. Smith, 16,000; Yasmin Kanji, 99,000; Derek Jansen, 40,000; Brent Lionel Larkan, 5,500; John Kason, 35,700; David Goodman, 82,000 Agents' fees:An aggregate of $695,235.30 and 379,910 broker warrants payable to Dundee Securities Corp., Wellington West Capital Markets Inc. and Canaccord Genuity Corp. (Each broker warrant is exercisable into one common share at a price of $1.83 per share for a one-year period.)

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