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Article: Noront responds to Freewest's failure to provide shareholders with the facts.
- Article from:
- PR Newswire
- Article date:
- November 9, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Symbol: NOT:TSX-V Shares Outstanding: 163,781,957 Fully Diluted: 173,461,957
TORONTO, Nov. 9 /PRNewswire-FirstCall/ -- Noront Resources Ltd. ("Noront" or the "Company") (TSX Venture: NOT) believes Freewest's management fails to address the real issues and have left important questions unanswered both in their press release dated November 2, 2009 and in their October 23, 2009 Directors' Circular. The Company realizes the importance of answering these questions and stating the facts correctly for all shareholders concerned:
Freewest claims that the Noront Offer fails to compensate Freewest for
the strategic value of its assets. In fact the reality ...