{"id":396865,"date":"2020-12-09T17:03:25","date_gmt":"2020-12-09T22:03:25","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=396865"},"modified":"2020-12-09T17:03:25","modified_gmt":"2020-12-09T22:03:25","slug":"noront-resources-announces-director-resignation","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/noront-resources-announces-director-resignation\/","title":{"rendered":"Noront Resources Announces Director Resignation"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">TORONTO, Dec.  09, 2020  (GLOBE NEWSWIRE) &#8212; Noront Resources Ltd. (\u201cNoront\u201d or the \u201cCompany\u201d) (TSX Venture: NOT) announced today that Gregory Honig, Director of Origination, Canada, Resource Capital Funds (\u201cRCF\u201d) has resigned from the Company\u2019s Board of Directors.\u00a0 \u00a0<\/p>\n<p align=\"justify\">Mr. Honig\u2019s resignation follows the recently announced agreement that will result in the sale of Resource Capital Fund V L.P.\u2019s beneficial equity and debt interests in Noront Resources to Wyloo Metals Pty Ltd.<\/p>\n<p align=\"justify\">Noront Chairman Paul Parisotto said, \u201cOn behalf of the Noront Board of Directors and Management team, I would like to thank Mr. Honig for his service and extend our appreciation to RCF which was a cornerstone investor in Noront for many years. Their confidence in us and their support was invaluable in helping us advance our projects in the Ring of Fire.\u201d<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <u>About Noront Resources<\/u><br \/>\n        <\/strong><br \/>\n        <br \/>Noront Resources Ltd. is focused on development of its high-grade Eagle\u2019s Nest nickel, copper, platinum and palladium deposit and the world class chromite deposits including Blackbird, Black Thor, and Big Daddy, all of which are located in the James Bay Lowlands of Ontario in an emerging metals camp known as the Ring of Fire. <a href=\"http:\/\/www.norontresources.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.norontresources.com<\/a><\/p>\n<p>\n        <strong>For more information:<\/strong><br \/>\n        <br \/>Janice Mandel <br \/><a href=\"mailto:janice.mandel@stringcom.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">janice.mandel@stringcom.com<\/a><br \/>(647) 300-3853<\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5OTY2NSMzODY0Mzk5IzIwODk3NjY=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/85424735-5b79-4e5c-b4b6-04cf021c2c67\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>TORONTO, Dec. 09, 2020 (GLOBE NEWSWIRE) &#8212; Noront Resources Ltd. (\u201cNoront\u201d or the \u201cCompany\u201d) (TSX Venture: NOT) announced today that Gregory Honig, Director of Origination, Canada, Resource Capital Funds (\u201cRCF\u201d) has resigned from the Company\u2019s Board of Directors.\u00a0 \u00a0 Mr. Honig\u2019s resignation follows the recently announced agreement that will result in the sale of Resource Capital Fund V L.P.\u2019s beneficial equity and debt interests in Noront Resources to Wyloo Metals Pty Ltd. Noront Chairman Paul Parisotto said, \u201cOn behalf of the Noront Board of Directors and Management team, I would like to thank Mr. Honig for his service and extend our appreciation to RCF which was a cornerstone investor in Noront for many years. Their confidence in us and their &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/noront-resources-announces-director-resignation\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Noront Resources Announces Director Resignation&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-396865","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Noront Resources Announces Director Resignation - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/noront-resources-announces-director-resignation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Noront Resources Announces Director Resignation - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TORONTO, Dec. 09, 2020 (GLOBE NEWSWIRE) &#8212; Noront Resources Ltd. (\u201cNoront\u201d or the \u201cCompany\u201d) (TSX Venture: NOT) announced today that Gregory Honig, Director of Origination, Canada, Resource Capital Funds (\u201cRCF\u201d) has resigned from the Company\u2019s Board of Directors.\u00a0 \u00a0 Mr. Honig\u2019s resignation follows the recently announced agreement that will result in the sale of Resource Capital Fund V L.P.\u2019s beneficial equity and debt interests in Noront Resources to Wyloo Metals Pty Ltd. Noront Chairman Paul Parisotto said, \u201cOn behalf of the Noront Board of Directors and Management team, I would like to thank Mr. Honig for his service and extend our appreciation to RCF which was a cornerstone investor in Noront for many years. 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