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Noront closes C$6.33m prospectus offering

The largest landowner in Northern Ontario’s Ring of Fire chromite and nickel mining camp Noront Resources has raised gross proceeds of C$6.33-million after closing its short-form prospectus offering the company announced on Thursday.
The company had issued the maximum number of units and flow-through units under the base deal, and the agent Secutor Capital Management had exercised its over-allotment option.