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: Shackles

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 amendment includes a provision whereby the Company will require RCF approval to issue equity below $0.306 per share.

So then...what happens when we run out of money and we can't get our share price over $.30?

Answer....We enter into another amended agreement lowering the conversion price to $.20

So then....what happens as we approach the new amended due date

 

 

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