Agoracom: Small Cap Investment - Noront Resources

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)

Reply New Message

Back To Forum List View

Private Placement Closed

Notie Girl

Oct 31, 2013 05:13PM

Re: Private Placement Closed

Fossil

Oct 31, 2013 05:30PM

Fossil

Rank: Vice President [?]

Points: 7475 [?]

Votes: 97 Score: 3.0 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Private Placement Closed

in response to

Private Placement Closed

Notie Girl

posted on Oct 31, 2013 10:10PM

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

6 Recommendations

Re: Private Placement Closed

paliman

Nov 01, 2013 12:22AM