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: 1 year ago

this is from the news release one year ago

TORONTO, Oct. 29 /CNW/ - Noront Resources Ltd. ("Noront" or the "Company") (TSX Venture: NOT) is pleased to provide the following comments in response to the Directors' Circular filed on October 27, 2009 by Freewest Resources Canada Inc. ("Freewest").

    -   Freewest shareholders will benefit from a full and fair value and a
        significant implied premium;(LIE)
    -   All shareholders will participate in Noront's high-grade nickel
        copper discoveries;(no discoveries yet)
    -   All shareholders will benefit from a larger more robust chromite
        asset(not interested in chrome anymore..big change in a year);
    -   Shareholder value will be enhanced through common infrastructure and
        operational efficiencies;
    -   All shareholders will benefit from Noront Management's demonstrated
        global project development expertise(how are your exploring expertise?);
    -   All shareholders will benefit from a fully funded treasury and not be
        subject to near term dilution(are you serious?);
    -   All shareholders will benefit from improved stock liquidity(volume today is 90k.lol);
    -   Discrepancies between the disclosure of the Freewest Shareholder
        Rights Plan in the Freewest management proxy circular, compared to
        the Plan itself, call into question the validity of the shareholder
        approval obtained.
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