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: Loan interest payment for Quarter III/2015
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Volume Weighted 20 Day average trading price of Noront for the purpose of interest payment

on Convertible Loan from RCF( should they opt to get paid in NOT shares) was set as of

Sep30.

It is without Volume Weighting just under 35 cents and would require issuance to RCF

1.1 Million Noront shares + or- 100K.

GLTA,

Fossil

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