Noront Resources announced the date that shareholders will vote on the proposed takeover of the company by Australian mining giant, Wyloo Metals. The special meeting will be held on March 15. Noront has promoted the $1.10/share offer after a long bidding war between Wyloo and oil and gas giant BHP.
On February 23 and 24, information sessions on two proposed roads that form part of the ‘Northern Road Link’ project will be live streamed at the Northern Road Link website (https://northernroadlink.ca). The sessions are part of the environmental assessment process that the Webequie and Marten Falls First Nations are overseeing.
February 17, 2022 (Turtle Island News):
Information set for ring of fire roads
“Information sessions regarding two proposed access roads in the Ring of Fire mineral belt are to be live-streamed next week.” Read more here…
February 17, 2022 (Northern Ontario Business):
Noront Resources looks to get out the vote
Shareholders will have their say on Wyloo takeover next month
“Shareholders of Noront Resources get their opportunity next month to vote on the takeover of their Ring of Fire exploration company by Wyloo Metals of Australia…
They’ll be asked to approve the sale of Noront, a Toronto-based exploration company with the most prized mineral assets in the James Bay region, located some 500 kilometres by air northeast of Thunder Bay.” Read more here…
February 17, 2022 (The Toronto Star):
Big vote for Noront coming
“An Australian company could soon be leading the charge to build the first nickel mine in the Ring of Fire mineral belt if Noront Resources shareholders approve the move next month.
Investors who hold shares in Toronto-based Noront can vote at a virtual special meeting set for March 15 on a deal to have the company taken over by a subsidiary of Wyloo Metals, a Noront news release said Wednesday.” Read more here…
February 16, 2022 (The Toronto Star):
Sessions set for Ring of Fire roads
“Northern Ontario — Information sessions regarding two proposed access roads in the Ring of Fire mineral belt are to be live-streamed next week.
The two routes that are part of what has been called the Northern Road Link project are currently being subject to an environmental reviews process overseen by the Webequie and Marten Falls First Nations.” Read more here…
February 16, 2022 (The Sault Star):
Noront Resources announces special meeting
Shareholders of Noront Resources will meet in mid-March to vote on the company’s proposed takeover by Wyloo Metals.
“The special meeting will be held online at 10 a.m. On March 15, a release says. Noront is mailing information related to the meeting to the company’s shareholders as of Jan. 31. Proxy cut-off deadline is March 11 at 10 a.m.” Read more here…