FWR Update on Shareholders rights plan!!

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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FWR Update on Shareholders rights plan!!

posted on Nov 06, 2009 08:26AM

MONTREAL, QUEBEC--(Marketwire - Nov. 6, 2009) - Freewest Resources Canada Inc. (TSX VENTURE:FWR) announces that a hearing before the Bureau de decision et de revision en valeurs mobilieres will be held on November 12 and 13, 2009 to consider an application filed by Noront Resources Ltd. for a cease-trade order against Freewest's Shareholder Rights Plan, adopted in 2008. The application follows Noront's hostile take-over bid for all of Freewest's outstanding shares launched on October 13, 2009.

Noront's application was filed with the Bureau de decision et de revision en valeurs mobilieres on November 2, 2009. Noront's counsel announced its intention to file an application for a cease-trade order against Freewest's Shareholder Rights Plan in a letter dated October 6, 2009 to the Autorite des marches financiers.

Freewest is preparing its defence opposing Noront's application and expects to file it with the Bureau de decision et de revision en valeurs mobilieres shortly

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