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.)

http://www.canadianinsider.com/coReport/allTransactions.php?ticker=not

Can someone please explain to me why the shares are bought at C$ 1.25 (same as Hamilton) and not at current market prices and what the difference is between:'

11 - Acquisition carried out privately and

10 - Acquisition in the public market

Thanks in advance

Ron

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ron48
City
Houten (Netherlands)
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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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