Noront Resources Issues Stock Based Compensation
December 18 2020 - 1:51PM
Noront Resources Ltd. (“Noront” or “the Company”) (TSX Venture:
NOT) announced today that the Noront Board of Directors has granted
923,815 restricted stock units (RSUs) convertible into common
shares of the Company six months from the date of grant, being June
18, 2021. The RSUs were granted to various Directors, Officers and
Management pursuant to Noront’s share awards plan and will be used
to compensate, incentivize, and retain key members of the Board,
Officers and Management team.
The issuance of the RSUs is subject to all
applicable regulatory and exchange approvals.
About Noront ResourcesNoront
Resources Ltd. is focused on development of its high-grade Eagle’s
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.
www.norontresources.com
For more information:Greg
Rieveleygreg.rieveley@norontresources.com(416) 367-1444
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