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.