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NEWS RELEASE: UPDATE — Noront and Wyloo Metals Enter Into Binding Agreement for Previously-Announced Acquisition of Noront for C$1.10 per Share (December 22, 2021)

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BHP elects not to exercise its right to match; Support Agreement with BHP terminated Improved Wyloo Metals offer of C$1.10 in cash per share represents a 358% premium to Noront’s unaffected closing price on May 21, 2021 and a 47% premium to BHP’s C$0.75 per share offer Wyloo Metals’ offer also provides shareholders with the …

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