Noront Resources Ltd.

0.8

Canada & Ontario Toronto

110 Yonge Street, Suite 400

+1 416 367-1444

norontresources.com

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Company Press Releases

Wyloo Metals Submits Conversion Notice for US$15 Million Convertible Loan

PERTH, Australia, Sept. 22, 2021 (GLOBE NEWSWIRE) -- Wyloo Metals Pty Ltd ("Wyloo Metals") has today submitted a conversion notice to Noront Resources Ltd (TSXV:NOT) ("Noront"), notifying Noront to convert its US$15m convertible loan ("Convertible Loan") into common shares of Noront. Conversion of the loan will increase Wyloo Metals' ownership from 24.2% to approximately 37.3% of the outstanding common shares of Noront. ABOUT WYLOO METALS Wyloo Metals is the metals and mining subsidiary of Tattarang, one of Australia's largest private investm...

Noront Receives Arrangement Agreement From Wyloo and Executes Confidentiality Agreement

TORONTO, Sept. 07, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Noront Resources Ltd. (“Noront” or the “Company”) (TSXV: NOT) acknowledges receipt of a form of Arrangement Agreement from Wyloo Metals (“Wyloo”) on the evening of Friday September 3, 2021 (the "Arrangement Agreement"), which provides the terms and conditions of the potential transaction proposed by Wyloo to acquire all of the outstanding common shares of Noront for C$0.70 per share. Noront and its advisors are reviewing the Arrangement Agreement and the Noront B...

Wyloo Submits Arrangement Agreement to Noront

PERTH, Australia, Sept. 06, 2021 (GLOBE NEWSWIRE) -- Wyloo Metals Pty Ltd (“Wyloo Metals”) confirms it submitted an Arrangement Agreement to the Board of Noront Resources Ltd (TSXV:NOT) (“Noront”) for consideration on September 3, 2021. In submitting the agreement, Wyloo Metals calls upon the Noront Board to act in the best interest of shareholders and progress the formalization of Wyloo Metals’ superior proposal in line with its fiduciary obligations. Wyloo Metals restricted on due diligence Wyloo Metals received a revised confidentiality agreeme...

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