HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

Free
Message: P.P. announced October 28, 2010 accepted for filing documentation

NORONT RESOURCES LTD. ("NOT")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: December 29, 2010
TSX Venture Tier 1 Company


TSX Venture Exchange has accepted for filing documentation with respect to
a Brokered Private Placement announced October 28, 2010 and October 29,
2010:


Number of Shares: 8,075,000 flow-through shares


Purchase Price: $1.25 per share


Number of Placees: 28 placees


Insider / Pro Group Participation:


Insider=Y /
Name ProGroup=P / # of Shares


Wesley C. Hanson Y/P 25,000
Joseph Hamilton Y/P 50,000


Agent's Fee: An aggregate of $400,000 in cash was paid to
Dundee Securities Corporation, Middlefield
Capital Corporation, Union Securities Ltd. And
NCP Northland Capital Partners Inc.


For further details, please refer to the Company's news release dated
November 26, 2010.

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