Investing News Network

Markets
TSX20197.61+15.69
TSXV702.09-3.49
DOW31261.90+8.77
S&P 5003901.36+0.57
NASD11354.62-33.88
ASX7145.60+81.10
Commodities
Gold1846.53+0.13
Silver21.75+0.03
Copper4.30+0.02
Palladium1968.65+11.53
Platinum957.67+3.19
Oil110.35-1.86
Heating Oil3.62-0.05
Natural Gas8.06-0.25
Currencies
BTCUSD30127.15+690.48
USDCAD1.2840+0.0004
USDEUR0.9467+0.0001
USDGBP0.8007+0.0001
USDAUD1.4199-0.0129
USDJPY127.86-0.06

Wyloo Metals Completes Acquisition of Noront

Noront Resources Ltd. ( "Noront" ) (TSXV: NOT) is pleased to announce the successful completion of its previously-announced statutory plan of arrangement under the provisions of the Business Corporations Act (Ontario) (the " Arrangement ") involving Wyloo Metals Pty Ltd. (" Wyloo Metals ") and its wholly-owned subsidiary, Wyloo Canada AcquisitionCo Pty Ltd. (the " Purchaser " and, together with Wyloo Metals and any of their affiliates, the " Wyloo Parties ").

Pursuant to the Arrangement, among other things, the Purchaser acquired all of the issued and outstanding common shares of Noront (the " Common Shares ") not already owned, directly or indirectly, by the Wyloo Parties. The Arrangement became effective at 12:01 a.m. (Toronto time) on April 7, 2022 (the " Effective Time "), resulting in Noront becoming a wholly-owned subsidiary of the Purchaser.

Keep reading... Show less

IIROC Trading Halt - NOT

The following issues have been halted by IIROC:

Company: Noront Resources Ltd.

Keep reading... Show less

Noront Resources Ltd.

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.

×