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: RCF & convertible loan payment

Mar 10/14 Mar 10/14 Mah, George Peter Direct Ownership Common Shares 10 - Acquisition in the public market20,000 $0.420

Jan 15/14 Jan 13/14 Resource Capital Fund V L.P. Direct Ownership Common Shares 11 - Acquisition carried out privately2,104,398 $0.189

Dec 17/13 Dec 17/13 Parisotto, Paul Anthony Direct Ownership Options common shares 50 - Grant of options200,000 $0.170

Question: If RCF received more shares of NOT to cover loan arrangements would that not have been immediately disclosed upon receipt. Could it be possible that a private placement may have covered this money owing? I know that this is mere curiousity on my part and has no real bearing on our sp, but from a control stand point could it be that RCF has not gained any more company interest then they already have. Views from the forum appreciated to satisfy my curiosity.

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