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: Pinetree Capital Ltd. Acquires

Noront Resources Ltd. (NOT:TSXV)

Base Metals
1,460,000 common shares

They had some more ... (25 october 2007 they owned 8.610.600 common shares)

TORONTO, Canada (October 29, 2007) Pinetree Capital Ltd. (TSX: PNP), announces that, through a series of
transactions ending on October 25, 2007, it acquired ownership of 720,000 common shares (“Common Shares”)
of Noront Resources Ltd. (“Noront”) through the facilities of the TSX Venture Exchange representing
approximately 0.6% of the total issued and outstanding common shares of Noront as of October 25, 2007. As a
result of this transaction, Pinetree and its joint actors collectively held, as at October 25, 2007, an aggregate of
11,482,600 common shares of Noront, which represents approximately 10.2% of all issued and outstanding
common shares as at October 25, 2007. Of these totals, Pinetree owns an aggregate of 8,610,600 common
shares, including the Common Shares, which represents approximately 7.6% of all issued and outstanding
common shares as at October 25, 2007.
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