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: Reported options for July 10

Lots for John Harvey and The Prof. too which is probably fair.

This is not probably fair , this is definitely fair, because these are the individuals who do and did all the "brain work" for Noront´s success.

It was a shame that their existing options (> C$ 3.00) were neither re-priced nor did they get the same "cheap options" (C$ 0.80) as the past-proxy "new guys on the block".

To avergage down their options now was the right thing to do !

Nice move and "Thanks", Wes !

Noront Resources Ltd. (NOT)

As of July 10th, 2009
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Jul 10/09 Jun 30/09 Atkinson, James Robert Direct Ownership Options common shares 50 - Grant of options 250,000 $0.620
Jul 10/09 Jul 15/08 Atkinson, James Robert Direct Ownership Options common shares 00 - Opening Balance-Initial SEDI Report
Jul 10/09 Jun 30/09 Jobin, Joanne Direct Ownership Options common shares 50 - Grant of options 250,000 $0.620
Jul 10/09 Jun 29/09 Jobin, Joanne Direct Ownership Options common shares 00 - Opening Balance-Initial SEDI Report
Jul 10/09 Jun 30/09 Hanson, Wesley Clay Direct Ownership Options common shares 50 - Grant of options 1,000,000 $0.620
Jul 10/09 Jun 22/09 Hanson, Wesley Clay Direct Ownership Options common shares 00 - Opening Balance-Initial SEDI Report
Jul 10/09 Jun 30/09 Harvey, John Dennis Direct Ownership Options common shares 50 - Grant of options 500,000 $0.620
Jul 10/09 Jun 30/09 Mungall, James Edward Direct Ownership Options common shares 50 - Grant of options 315,000 $0.620
Jul 10/09 Jun 30/09 Graham, David Bruce Direct Ownership Options common shares 50 - Grant of options 350,000 $0.620
Jul 09/09 Jun 30/09 Rieveley, Gregory Robert Direct Ownership Options common shares 50 - Grant of options 500,000 $0.620
- Amended Filing

FANTOMAS

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