Noront Resources Announces Issuance of Interest Shares

TORONTO, Jan. 10, 2020 (GLOBE NEWSWIRE) -- Noront Resources Ltd. (Noront) (TSX Venture: NOT) announces that payment of interest in the amount of $391,668 for the fourth quarter of 2019 pursuant to a loan agreement entered into between Noront and Resource Capital Funds V L.P. (RCF) dated February 26, 2013 (the "Loan Agreement") has been satisfied by delivery of 2,598,991 common shares of the Company (the Interest Shares) at an effective price of $0.1507 per Interest Share.