Noront Extends Debt Arrangement With RCF

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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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BigD70

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Noront Extends Debt Arrangement With RCF

posted on Sep 24, 2019 10:13AM

Still few more days before we know what next ... Did they will reach out a deal or postpone again ?

http://norontresources.com/noront-extends-debt-arrangement-with-resource-capital-funds-and-issues-interest-shares/

TORONTO, Jan. 31, 2019 (GLOBE NEWSWIRE) — Noront Resources Ltd. (“Noront” or the “Company”) (TSX Venture: NOT) has entered into a fifth amending agreement dated January 31, 2019 (the “Fifth Amending Agreement”) with its largest shareholder, Resource Capital Fund V L.P. (“RCF V”), to extend the term of its existing US$15 million convertible debenture (the “Convertible Debenture”). Subject to TSX Venture Exchange approval, the maturity date of the Convertible Debenture has been extended until September 30, 2019 (previously January 31, 2019)