Noront Resources Ltd. announced today that the Noront Board of Directors has granted 1,101,419 restricted stock units convertible into common shares of the Company six months from the date of grant, being March 30, 2021. The RSU’s were granted to various Directors, Officers and Management pursuant to Noront’s share awards plan and will be used to compensate, incentivize, and retain key members of the Board, ...

Noront Resources Ltd. ("Noront" or "the Company") (TSX Venture: NOT) announced today that the Noront Board of Directors has granted 1,101,419 restricted stock units (RSU's) convertible into common shares of the Company six months from the date of grant, being March 30, 2021. The RSU's were granted to various Directors, Officers and Management pursuant to Noront's share awards plan and will be used to compensate, incentivize, and retain key members of the Board, Officers and Management team.

In addition the Board of Directors has granted the option to acquire 50,000 common shares to a consultant for past services, with an exercise price of $0.1750 per Common Share, the closing market price on the date of grant, exercisable for a period of five years. One third of the options vest immediately with the remaining options vesting in equal parts over the next two years.

The issuance of options and restricted stock units are subject to all applicable regulatory and exchange approvals.

About Noront Resources
Noront Resources Ltd. is focused on development of its high-grade Eagle's Nest nickel, copper, platinum and palladium deposit and the world class chromite deposits including Blackbird, Black Thor, and Big Daddy, all of which are located in the James Bay Lowlands of Ontario in an emerging metals camp known as the Ring of Fire. www.norontresources.com

For more information:
Greg Rieveley
greg.rieveley@norontresources.com
(416) 367-1444

Primary Logo

News Provided by GlobeNewswire via QuoteMedia

US EV Battery Supply Chain: Drilling Continues to Deliver High-Grade Nickel and Copper Intercepts at the Tamarack Nickel Project

Assay results continue to define high nickel & copper grades outside main resource area

Talon Metals Corp. (TSX:TLO) ("Talon" or the "Company") is pleased to provide an update on the Tamarack Nickel-Copper-Cobalt Project ("Tamarack Nickel Project"), located in central Minnesota.

Keep reading... Show less
Significant Cu, Ni & Co intersected from first drill hole at Jewel

Significant Cu, Ni & Co intersected from first drill hole at Jewel

Blackstone Minerals Limited (“Blackstone” or the “Company”) is pleased to inform shareholders that drilling activities have recommenced at the Company’s wholly owned exploration assets in British Columbia (the Gold Bridge Project, formerly the BC-Cobalt Project).

The first drill-hole targeting a large IP anomaly at the Jewel Prospect has intersected sulfide mineralisation:

Keep reading... Show less
Nickel Creek Platinum Announces Full Drill Results From 2021 Exploration Program

Nickel Creek Platinum Announces Full Drill Results From 2021 Exploration Program

COMPANY CONFIRMS HIGH PLATINUM AND PALLADIUM VALUES, AND MASSIVE SULPHIDE NICKEL-COPPER MINERALIZATION

Nickel Creek Platinum Corp. (TSX: NCP) (OTCQB: NCPCF) ("Nickel Creek" or the "Company") is pleased to announce the overall results from its 2021 drilling and geophysics program which concluded during the month of August 2021 in Yukon, Canada .

Keep reading... Show less

Horizonte Minerals PLC Announces Posting of Circular and Notice of General Meeting

THIS ANNOUNCEMENT (INCLUDING THE APPENDICES) AND THE TERMS AND CONDITIONS SET OUT HEREIN (TOGETHER, THIS "ANNOUNCEMENT") IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE OR FORM ANY PART OF AN OFFER TO SELL OR ISSUE, OR A SOLICITATION OF AN OFFER TO BUY, SUBSCRIBE FOR OR OTHERWISE ACQUIRE ANY SECURITIES IN THE UNITED STATES, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL OR TO ANY PERSON TO WHOM IT IS UNLAWFUL TO MAKE SUCH OFFER OR SOLICITATION. NO PUBLIC OFFERING OF THE FUNDRAISE SHARES IS BEING MADE IN ANY SUCH JURISDICTION OTHER THAN IN CANADA ON THE TERMS AND CONDITIONS SET OUT IN A PROSPECTUS SUPPLEMENT TO, AND INCLUDING, THE FINAL SHORT FORM BASE SHELF PROSPECTUS OF THE COMPANY DATED 29 OCTOBER 2021, FILED IN ALL PROVINCES AND TERRITORIES OF CANADA, EXCEPT QUÉBEC. ANY FAILURE TO COMPLY WITH THESE RESTRICTIONS MAY CONSTITUTE A VIOLATION OF THE SECURITIES LAWS OF SUCH JURISDICTIONS.

THIS ANNOUNCEMENT IS NOT FOR PUBLIC RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

Keep reading... Show less
Tartisan Nickel Corp. Drills Deepest Hole To Date at The Kenbridge Nickel Project and Intersects 3.18% Ni, 0.19% Cu Over 1.05 Metres. Updates Progress at The Kenbridge Nickel-Copper-Cobalt Project, NW Ontario

Tartisan Nickel Corp. Drills Deepest Hole To Date at The Kenbridge Nickel Project and Intersects 3.18% Ni, 0.19% Cu Over 1.05 Metres. Updates Progress at The Kenbridge Nickel-Copper-Cobalt Project, NW Ontario

Tartisan Nickel Corp. (CSE:TN; OTCQX:TTSRF; FSE:A2D) ("Tartisan", or the "Company") is pleased to provide diamond drill core assay results and an update for its diamond drilling program at the 100% owned Kenbridge Nickel Project located in the Kenora Mining District, Ontario

Hole KB21-204 intersected two nickel-copper zones at a drill depth of 993.55 metres and 1,002 metres. The two zones are interpreted to represent the downdip extension of two horizons (Zone A and Zone B) intersected in holes KB21-198, KB21-200 and KB21-202. In KB21-204 Zone A returned 1.05 metres of 3.18% Ni and 0.19% Cu including a higher-grade section of 0.35 metres of 7.73% Ni and 0.16% Cu. In the same hole Zone B returned 7.8 metres of 0.85% Ni and 0.54% Cu including 4.0 metres of 1.15% Ni and 0.71% Cu. Hole 204 is located approximately 150m below the deepest drill hole intersection completed in the 1950's (Drill hole K2011- 4.25% Ni over 3m) and is the deepest drill intersection on the project (see Figures 2 and 3). Holes KB21-205 and KB21-206 have also been completed and have been submitted to the laboratory for assays.

Keep reading... Show less
stock chart

5 Top Weekly TSXV Performers: Noble Mineral Enters LOI with Canada Nickel

The S&P/TSX Venture Composite Index (INDEXTSI:JX) ended last week on the decline, shedding 27 points shortly after the morning bell on Friday (November 26). It closed at 942.62.

Global markets were plunged into uncertainty as news that a recently discovered COVID-19 variant known as omicron may be more contagious and potentially vaccine resistant.

Several European and Asian nations scrambled during the last full week of November to implement border and flight restrictions in an effort to curb the spread of the variant, which was first detected in South Africa.

Keep reading... Show less

Top News

Related News