Hmmmm..

Just went to SEDI....maybe you guys can help me...looks like Richard owns 1.7 million shares and can pick up the same amount in options or am I reading that right???

At any rate if he cuts loose 92,600 shares.....that's really a drop in the bucket isn't it??

NOT worried and still holding..

Bob

Hope this posts and sorry if anyone already posted this report.

Insider Information by Issuer - View Results
Issuer name : noront ( Starts with )
Insider name range ( Starts with ) : N - N
Date range : January 1, 1990 - June 20, 2008
2008-06-20 14:04 ET
Issuer Name: NORONT RESOURCES LTD.
Legend: Insider's Relationship to Issuer: 1 - Issuer, 2 - Subsidiary of Issuer, 3 - 10% Security Holder of Issuer, 4 - Director of Issuer, 5 - Senior Officer of Issuer, 6 - Director
or Senior Officer of 10% Security Holder, 7 - Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6), 8 - Deemed Insider - 6 Months before
becoming Insider.
Date of Last Reported
Transaction(YYYY-MM-DD)
Security
Designation
Registered
Holder
Closing Balance Insider's calculated balance Closing balance of equivalent number
or value of underlying securities
Insider Name:
Ceased to be Insider: Not Applicable
Nemis, Richard
Insider Relationship: 4 - Director of Issuer
2008-06-17 Common Shares 1,649,590
2008-06-10 Options common shares (Common
Shares)
1,700,000 1,700,000
Insider Name:
Ceased to be Insider: Not Applicable
Novak, Neil
Insider Relationship: 4 - Director of Issuer
2007-10-15 Common Shares 150,000
2004-10-28 Common Shares Billiken Management
Services Inc.
0
2006-12-19 Common Shares Nominex Ltd. 0
2008-06-10 Options common shares (Common
Shares)
240,000 240,000
-1-