Sent: October-31-13 9:54 PM
To: Julia Bond
Subject: Sale of remaining shares

On closing, and in accordance with the Letter Agreement, the Company received cash consideration of $4,385,000 ($5,000,000 less the $615,000 non-refundable deposit previously received by the Company) and share consideration of 25 million freely tradeable (subject only to such hold periods as are required under applicable Canadian securities laws) common shares of Eagle Hill. The Company has paid 5% of the cash and share consideration to IBK Capital Inc.

Dear Julia,

According to above NR Noront got from Eagle Hill 25 Million shares, 1.25 of which ( 5%) was paid to IBK Capital inc so that would still leave 23.75 Million share owned by Noront.

Yet today's NR shows Noront selling REMAINING 13.75 Million shares to a third party. Explanation will be greatly appreciated.

Regards

Receiving no response to above question since Oct31/13 I resubmitted it to Noront last night, Nov4/13.

GLTA,

Fossil