Noront Resources Announces Issuance of Stock Options
February 23 2018 - 3:43PM
Noront Resources Ltd. (“Noront” or the “Company”) (TSX Venture:NOT)
announces that the Company’s Board of Directors (the “Board”) has
granted the option to acquire an aggregate of 5,331,532 common
shares to officers, management and directors, with an exercise
price of $0.35 per Common Share, the closing market price on the
date of grant, exercisable for a period of five years.
The options were granted pursuant to Noront’s
stock option plan. The issuance of the options is subject to
all applicable regulatory and exchange approvals.
About Noront ResourcesNoront Resources Ltd. is
focused on the development of its high-grade Eagle’s Nest nickel,
copper, platinum and palladium deposit and the world class chromite
deposits including Blackbird, Black Thor, and Big Daddy, all of
which are located in the James Bay Lowlands of Ontario in an
emerging metals camp known as the Ring of Fire.
www.norontresources.com
For more information, please
contact:
Greg
Rieveleygreg.rieveley@norontresources.com416-367-1444
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