Wyloo Metals Completes Acquisition Of Noront

Apr 07, 2022•over 3 years ago

Acquiring Company

Wyloo Metals

Acquired Company

Noront Resources

SoftwareEducation

Description

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").

Company Information

Company

Wyloo Metals

About

Wyloo Metals is the metals and mining subsidiary of Tattarang, one of Australia’s largest private investment groups. Led by a multidisciplinary team of geologists, engineers and financial professionals, Wyloo Metals manages a diverse portfolio of exploration and development projects and cornerstone interests in a number of public companies. Wyloo Metals works closely with all stakeholders to accelerate projects through the development cycle while meeting the highest international environmental, social and governance standards. See more at: www.wyloometals.com

DealWatch™ Score

High M&A Activity

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Integration timeline

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Tech stack consolidation

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Post-acquisition investment

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