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: Warrant Acceleration

 

3rd lst paragraph sould read "If per chance, the next 9 trading days see our price trade above $6.00, Noront most likely would request the acceleration clause meaning that warrant holders would have 30 days to exercise or until April 10/08. Now, if this does transpire, the newly converted warrants to shares COULD NOT be traded until June 7/08 (The end of the hold period for both the reccent PP shares and warrants).

Sorry for any confussion.

 

Milsy1

 

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