What a pleasant surprise.

Considering RCF invests in startup resource plays, I think money would be tight for them right now.

For them to lend these funds shows that they have a high regards for Noront's prospects.

These funds should last Noront through the tough period ahead for juniors needing money and I would say until the uncertainties are more clear.

Plenty of money here to help fund the necessary permits.

I don't want to jinx anything but this should help the SP and seperate Noront from 99% of the other juniors out there that are going extinct.

It also shows that Noront is not willing to dilute and stayed firm in their negotiations as I am sure that RCF was going a share purchase.

Good job Noront Management.