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Summer 2017

Noront and First Nation sign advanced agreement
Noront Resources Ltd. (TSX-V: NOT) recently announced it has signed an Exploration and Project Advancement Agreement with the Marten Falls First Nation (MFFN). The Agreement compensates MFFN for work that has been completed on their traditional land and outlines a one-year process that will be used to negotiate a Pre-Development Agreement for the Eagles Nest nickel-copper-platinum-palladium mine located in northern Ontario.

As part of the Agreement, and by fulfilling certain obligations and arrangements, MFFN becomes a shareholder of Noront Resources. The company has agreed to issue 311,111 shares of Noront stock valued at $0.225, the closing price on April 12, 2017, subject to TSX Venture approval.

Chief Bruce Achneepineskum described the agreement as “a step towards a prosperous and sustainable future for both the youth and community of Marten Falls First Nation.”

“We are excited to be taking this next step with our friends in Marten Falls,” said Noront President and CEO Alan Coutts. “It marks the beginning of a long-term relationship that will provide opportunity and mutual benefits for both parties.”

 

Summer 2017 News:
• First Nations sign Shared Territory Protocol Agreement
• Forestry, Paper, and Packaging M&A activity off to a strong start in ‘17
• Forestry sector sees opportunities in budget
• Deloitte and NORCAT partner to explore future of mining technology
• Vale shutters Sudbury mine
• Callinex completes drilling at Pine Bay 
• EACOM announces full acquisition of Anthony-EACOM

• Noront and First Nation sign advanced agreement
• Cementation Canada Big Winner at #DisruptMining
• Forest sector partners with Canada’s municipalities
• Vale closing Birchtree Mine
• Increase lumber imports from overseas in 2017
• Forestry industry applauds Ottawa’s response to softwood duties
• TMAC Resources announces commercial production at Doris Mine and Mill
• Multiple high-grade lithium pegmatites intersected at Ontario’s Mavis Lake Project

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