Agoracom: Small Cap Investment - Noront Resources - While we wait — What I would like to see in a shareholder continuation offer from Wyloo

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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While we wait — What I would like to see in a shareholder continuation offer from Wyloo

posted on Sep 15, 2021 03:03PM

Assuming there is cash for those that want to cash out I'm interested in staying invested in 'newNOT' with some guarantees/wish list to protect me as a minority shareholder such as

1. A provision that newNOT can only issue new shares to enter into an equity ownership arrangement with FN partners and targeted ROF companies.

2. Aside from point 1 and 2, a lockup agreement that newNOT/Wyloo can not issue or buy share/equity/convertible debts/etc for 5 years.

3. Proportional Minority shareholder representation on the board nominated by and voted on by, minority shareholders.

4. Elimination of Share based incentives/options (see point 2) for 5 years

5. Provide a minimum $20 million per year, 5 year line of credit for ROF exploration

6. Provide a $5 billion line of credit for ROF development

Add any others that you think of.

... Been There

13 Recommendations

Re: While we wait — What I would like to see in a shareholder continuation offer from Wyloo

Peter Marshall

Sep 15, 2021 04:01PM

Re: While we wait — What I would like to see in a shareholder continuation offer from Wyloo