Fund buying at Noront Resources (NOT)

Fund buying at Noront Resources (V:NOT)

Resource Capital Fund V L.P., a 10% Holder, acquired 3,549,288 Common Shares on an indirect ownership basis for registered holder RCF V Annex Fund L.P. at a price of $0.295 through a private transaction on November 5th, 2018. The insider also acquired 1,774,644 Warrants with an exercise price of $0.350 on or before November 5, 2020. This represents a $1,047,040 investment into the company's shares and an account share holdings change of greater than 100%.

Noront Resources is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Noront Resources Ltd is Canada-based company, engaged in the development, exploration and acquisition of properties prospective in base and precious metals, including nickel, copper, platinum group elements, chromite, iron, titanium, vanadium, gold and silver. The Company is focused on development and exploration of its properties in the James Bay Lowlands of Ontario within a geological feature (intrusion) referred to as the Ring of Fire, which has deposits, such as Eagle's Nest deposit, a high grade nickel, copper, platinum and palladium deposit (the Eagle's Nest Project); Black Thor, Black Label, Big Daddy and Blackbird Chromite deposits, and McFauld's Lake copper zinc resource. In addition, it holds interest, mineral, and exploration rights to approximately 103,030 hectares of ground in Ontario, New Brunswick and Quebec. It holds over 590 claim units covering approximately 13,235 hectares in New Brunswick and over two claims covering approximately 110 hectares in Quebec.