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: Re: Has anyone got their $1.10/share cash payment

Reply from shorecrest last night (had a question as I'm from Europe)

As you are holding through Saxobank and Rabobank, the squeeze out in cash is automatic.

The Press Release that went out today (attached) reiterates today as the effective date. Typically, we see shareholders receive their cash within 5-10 business days from the effective date. It's possible that because your holdings are in the Netherlands, that timeline may be slightly extended.

At any rate, you should see your holdings debited and the cash credited in both your accounts by mid to late April.

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