Noront Resources

High-grade Ni-Cu-Pt-Pd-Au-Ag-Rh-Cr-V discoveries in the "Ring of Fire" NI 43-101 Update (March 2011): 11.0 Mt @ 1.78% Ni, 0.98% Cu, 0.99 gpt Pt and 3.41 gpt Pd and 0.20 gpt Au (M&I) / 9.0 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inf.)

The current situation.

3 directors from the hedge managers.

3 directors from the home team.

1 new CEO.

7 votes?

The hedge fund managers will want their selection as CEO.

Therefore the home team will be outvoted on EVERY point.

The only solution is that shareholders; 20%?; also appoint a new director.

This becomes 4 + 4

Perhaps Richard Nemis would then have the casting vote as Chairman?

YOU HAVE TO DECIDE ASAP

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Clavis
City
Cornwall
Rank
President
Activity Points
26378
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Date Joined
06/17/2008
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Noront Resources
Symbol
NOT
Exchange
TSX-V
Shares
326,029,076 As of Jan 17, 2017
Industry
Metals & Minerals
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