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)

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Message: Re: Private Placement Closed
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Oct 31, 2013 05:13PM
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Oct 31, 2013 05:30PM

The Company has also entered into a purchase and sale agreement with a third party for the sale of its remaining 13.75 million shares in Eagle Hill Exploration Corporation for total gross proceeds of $1,620,781 subject to certain closing conditions.

Thanks Notie Girl for being on your toes.

According to august 28/13 closing agreement Noront received 25 Million shares of EAG

less 1.25 mill or 5% in shares paid as finders fee to IBK Capital and that would still leave

Noront owning 10 million shares of EAG. Why the difference?

Tonigh I asked Noront ( Julia Bond) for explanation.

If and when they respond i will post it promptly.

GLTA,

Fossil

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