Crazytrade,
Did you notice this in the recent Noront PP and the PP extension for the additional 2 provinces??
Noront has granted to the Agent an option (the "Over-Allotment Option"), exercisable in whole or in part at the discretion of the Agent at any time up to 30 days from and including the Closing Date, to purchase additional securities ("Over-Allotment Units") up to an additional 15% of the aggregate number of Units and Flow-Through Units sold under the Offering solely to cover over-allotments, if any, and for
market stabilization purposes.
The Over-Allotment Option may be exercised by the Agent to acquire any combination of additional Units at the Unit Offering Price and additional Flow-Through Units at the Flow-Through Offering Price, provided that any exercise of the Over-Allotment Option requires that a minimum of 30% of Over-Allotment Units acquired pursuant to such exercise be comprised of Units.