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Noront Resources Ltd. NOSOF

Noront Resources Ltd is a mining company. It is engaged in the exploration, development, and acquisition of properties prospective in base and precious metals, which includes nickel, copper, platinum group metals, precious metals, chromite, and vanadium. The company's developmental project consists of Eagle's Nest nickel-copper-platinum-palladium deposit, deposits of high-grade chromite and copper-zinc volcanic massive sulphide deposits which are part of the company's McFauld's Lake Project. Its assets are located in the area known as the Ring of Fire in the James Bay Lowlands, Ontario.


OTCPK:NOSOF - Post by User

Post by wheelsonthebusson Sep 29, 2021 9:37am
235 Views
Post# 33936095

Lets compare - 70cents to $3.85 on the Bid

Lets compare - 70cents to $3.85 on the Bid

Chinese battery maker Contemporary Amperex Technology (CATL) has agreed to buy the miner for C$376.8 million ($297.3 million), after outbidding compatriot Ganfeng Lithium.

CATL had proposed an offer of C$3.85 per share in cash earlier this month, Argentina-focused Millennial Lithium said, outbidding the C$3.60 per share offer made in July by Ganfeng, one of the world’s biggest producers of lithium chemicals used in electric vehicle (EV) batteries

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