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: Standstill Agreement

ANL, I hope this helps below..

standstill agreement occurs when two or more parties agree not to deal with other parties in a particular matter for a period of time.

(In our case Noront is not to deal with other parties in negotations about a particular matter such as discussions of a mergers or acquisitions, buy-ins etc.....until May 2, 2013)

Well, May 2, 2013 was yesterday and if we don`t get a NR from Noront today...I guess Noront is free to do as they please in negotiations with `other parties.

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