The message below was part of a message posted on AGO by poster Fossil, link below

http://agoracom.com/ir/Noront/forums/discussion/topics/667537-agm-june-8-16-make-sure-you-vote/messages/2091564#message

"I'll attempt to do some DD on my own. Court dismissed CCC's appeal re

Easement over their claims a while ago. Now CRA( Canada Revenue Agency)

is disallowing claims of costs on some 13 Million Dollars by participating

investors that bought that amount for the years 2010 through 2013.

They rightfully claimed costs on their part of the flow-through expeniture.

Only guess I can make is that flow-through funds must be expanded on

exploration/drilling and not for securing corridor and control of acsess.

CRA has assessed additional Part XII.6 tax of of approximately $ 1,103,180

including penalties and interest. Interest portion may increase over time.

In fairness to company they disagree with certain positions taken by CRA

and intend to file formal objections to dispute the assessments once

they are issued. I is odd that GH etal can find all kinds of shortcomings

with our CEO AL and miss very material event.

GLTA,

Fossil"

>>>Fossil: Since what you said above, especially the CRA disallowing the FT expenditures, is pretty serious and should be considered as material (your word) information. Would you please provide the sources of you information. Was it from the companies (KWG, CCC, DDI?) themselves, or you got it from the open web, the CRA? Links please.

My understanding is that CRA would routinely audit FT claims (just like any other claims in tax returns), but it does not normally discuss tax matters in public. But you seem to have quite a bit of details, e.g. the penalty and interest of $ 1,103,180. Link for this please.

Has the CRA issued their assessments, and made them public? If not, then where did you get the details?

When I have the sources of your material I will ask KWG to provide an assessment of your post and the sources for the information. Since I am not a tax expert, I would not want to speculate. The company has tax lawyers.

GH