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  • March 16, 2022
  • Industry News
Noront shareholders approve sale to Wyloo Metals

$616.9-million Ring of Fire deal could be finalized on April 7

A major milestone has been reached on the path of potential mining development in the Ring of Fire.

Noront Resources shareholders overwhelming approved the sale of the Toronto junior miner’s mineral assets in the Far North to Wyloo Metals of Australia.

Shareholders voted 98.92 per cent in favour of the $616.9-million deal during a special shareholders meeting on March 15.

Read the full story on Northern Ontario Business HERE

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