Noront Resources Ltd
SymbolNOT
Shares Issued129,814,783
Close 2008-10-08C$ 0.95
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Noront shareholder Rosseau wants new board

2008-10-09 07:31 ET - News Release

Mr. Warren Irwin of Rosseau Asset Management reports

ROSSEAU ASSET MANAGEMENT LTD. TO PROPOSE NEW SLATE OF DIRECTORS FOR NORONT RESOURCES LTD.

Rosseau Asset Management Ltd. will be proposing a new slate of directors for Noront Resources Ltd. for election at the upcoming annual and special meeting of the shareholders of Noront to be held on Oct. 28, 2008. Rosseau and its officers and employees collectively own or control a total of 11,912,901 common shares of Noront, representing approximately 9.2 per cent of the common shares of Noront entitled to be voted at the meeting.

The following seven individuals will be proposed by Rosseau for election as directors of Noront at the meeting:

  • Patrick F.N. Anderson (president and chief executive officer, Aurelian Resources Inc.);

  • Bruce Durham (independent mining executive; executive chairman, Temex Resources Corp.);

  • Joseph A. Hamilton (president, Pickax International Corp.);

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