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: Noront Resources Provides Update on Exploration and Debt Extension
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"Noront is finalizing an amending agreement with its largest shareholder, Resource Capital Fund V ("RCF") to extend the term of its existing US$15 million convertible debenture and to satisfy the repayment of the US$2 million bridge loan with RCF both of which are scheduled to mature and become due and payable on December 31, 2015."

I found the above comment in the Noront NR ..suprising in the way it was worded.

If you go into Sedar and look at the filing dated Sept. 14, 2015 called “Amendment to preliminary short form perspectus”…and you go to page 13 of 16 you will find the following stated:

“The Corporation has agreed to the further condition for sales of Securities through this Prospectus that the maturity of the existing US$15 million loan from Resource Capital Funds be extended to not earlier than December 31, 2016.”

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