Noront Resources Ltd.
TSX VENTURE : NOT

Noront Resources Ltd.

December 08, 2006 17:09 ET

Noront Resources Ltd.: Issue Stock Options

TORONTO, ONTARIO--(CCNMatthews - Dec. 8, 2006) - NORONT RESOURCES LTD. ("Noront") (TSX VENTURE:NOT) reports that it has agreed to grant 1,025,000 options pursuant to its stock option plan as follows: 425,000 to directors, 325,000 to officers, 175,000 to consultants and 100,000 to an employee. All options are exercisable for five years at a price of $0.75 per common share.

For further information please visit the Company's web site www.norontresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS
"R. Nemis", President and Chief Executive Officer

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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