Day: April 7, 2022

Transaction Receives Unanimous Approval of Stone Board of Directors and Support from Shareholders Holding more than 65% of Outstanding Stone Common Shares TORONTO, April 07, 2022 (GLOBE NEWSWIRE) — Starlight Investments Capital LP (“Starlight Capital”) and Stone Investment Group Limited (“Stone”) are pleased to announce they have entered into an arrangement agreement (the “Arrangement Agreement”) made as of April 7, 2022 pursuant to which Starlight, through a wholly-owned subsidiary, will, through a series of transactions acquire Stone. As part of the transaction, Starlight will acquire the 6,464 $1,000 principal amount secured debentures issued by Stone (the “Debentures”) that have been tendered and remain deposited pursuant to the offer launched on November 29, 2021 by Stone-SIG Acquisition Limited (“SSAL”), a wholly-owned subsidiary...

PERTH, Australia, April 07, 2022 (GLOBE NEWSWIRE) — Wyloo Metals Pty Ltd (“Wyloo Metals”) has successfully completed its acquisition of Noront Resources Ltd. (“Noront”) (TSXV:NOT), committing to transform the Eagle’s Nest nickel deposit into the new global standard for responsible mining practices. The acquisition was completed following a shareholder vote to approve the plan of arrangement and a subsequent retention election, which resulted in less than 20 per cent of the common shares of Noront being subject to a retention election1. As a result, Wyloo Metals has acquired all of the common shares of Noront that it did not already own. Wyloo Metals CEO Luca Giacovazzi said the company was ready to deliver a new world-class battery metals producer in the province of Ontario – one that will play a significant role in meeting...

TORONTO, April 07, 2022 (GLOBE NEWSWIRE) — Noront Resources Ltd. (“Noront”) (TSXV: NOT) is pleased to announce the successful completion of its previously-announced statutory plan of arrangement under the provisions of the Business Corporations Act (Ontario) (the “Arrangement“) involving Wyloo Metals Pty Ltd. (“Wyloo Metals“) and its wholly-owned subsidiary, Wyloo Canada AcquisitionCo Pty Ltd. (the “Purchaser” and, together with Wyloo Metals and any of their affiliates, the “Wyloo Parties“). Pursuant to the Arrangement, among other things, the Purchaser acquired all of the issued and outstanding common shares of Noront (the “Common Shares“) not already owned, directly or indirectly, by the Wyloo Parties. The Arrangement became effective at 12:01 a.m. (Toronto...