Thank you for your recent email.

I was unaware there was any confusion regarding the status of Noront’s Shareholders Rights Plan (“SRP”), having clarified the status in our most recent MD&A filing which clearly stated that the SRP had expired.

The SRP was adopted at a special meeting held in June, 2007. The plan was to be ratified within three years, at the Annual and General Meeting (“AGM”).

The AGM in the fall of 2007 was year one.

The AGM in the fall of 2008 was year two.

Therefore, the AGM in the fall of 2009 was the third year. As the extension of the SRP was not discussed at last years AGM, the SRP is no longer in force.

I trust this clears up any confusion.

Thank you.


Wesley (Wes) Hanson
President and CEO




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