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Noront Resources Ltd. V.NOT


Primary Symbol: 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 Jonot21on Dec 21, 2021 9:17pm
263 Views
Post# 34252947

Sedar - Media Release - Wyloo Metals

Sedar - Media Release - Wyloo Metals

Media Release - Wyloo Metals

 

https://www.sedar.com/CheckCode.do

 

December 21,

 

NEXT STEPS AND EXPECTED TIMING

Noront shareholders do not need to take any action.

The Wyloo Offer is subject to BHP’s right to match period of five business days. If BHP does not exercise its right to match, Wyloo Metals and Noront will immediately enter into an Arrangement Agreement.

Following this, Noront shareholders will be provided with information in advance of a Special Meeting of Shareholders to vote on the Plan of Arrangement and subsequently make their elections regarding the transaction consideration.

Completion of the Wyloo Offer, which will be subject to the terms and conditions of the Arrangement Agreement, is expected to occur in March/April 2022.

 

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