Noront Resources Corrects Misleading Statements Made by Freewest Resources

By Noront Resources Ltd., PRNE
Tuesday, November 17, 2009

TORONTO, November 18 - Symbol: NOT:TSX-V

Shares Outstanding: 163,631,957

Fully Diluted: 173,461,957

Noront Resources Ltd. ("Noront" or the "Company") (TSX Venture: NOT)
responds to the inaccurate and misleading statements made by Freewest
Resources Canada Inc. ("Freewest", TSX-V:FWR) in its press release of
November 17, 2009 (the "Press Release"). Noront views the statements made in
the Press Release regarding the agreement reached by the parties before the
Bureau de Décision et de Révision en Valeurs Mobilières (the "Bureau") to
be incorrect and a blatant attempt to mischaracterize the events that
transpired.

On October 30, 2009, Noront submitted its application to the Bureau for a
cease-trade order in respect of Freewest's Shareholder Rights Plan. A hearing
before the Bureau was scheduled for November 12 and 13, 2009. On November 11,
2009
, in advance of the commencement of the hearing, representatives of
Freewest initiated discussions with Noront's legal advisors in an attempt to
negotiate a settlement.

Following lengthy negotiations between the parties, an agreement was
reached late in the day on November 11, 2009 pursuant to which Freewest
undertook to waive, effective immediately at 5 p.m. on December 1, 2009, the
application of Freewest's Shareholder Rights Plan to Noront's Offer, provided
that Noront extended its Offer to a time not earlier than 5:00 p.m. (Montreal
time) on December 1, 2009.

Noront is outraged that Freewest would characterize the settlement
reached by the parties as anything other than a mutually agreed upon
settlement of the issues with respect to the application of the Freewest
Shareholder Rights Plan to Noront's Offer. Noront has filed on SEDAR a copy
of the executed agreement reached between Noront and Freewest, as formally
approved by the Bureau on November 12, 2009.

Noront views these misstatements by Freewest as another example of its
efforts to mislead the Freewest shareholders and draw attention away from
the only offer that has been put before the Freewest shareholders. As
Freewest itself has noted, there is no certainty that an alternative
transaction will materialize and, absent a further extension, the Noront
Offer will expire at 5:00 p.m. on December 1, 2009.

About Noront Resources:

Noront Resources Ltd. is focused on its significant and multiple,
high-grade nickel-copper-platinum-palladium, chromite and vanadium
discoveries in an area known as the "Ring of Fire", an emerging multi-metals
district located in the James Bay Lowlands of Ontario, Canada. Noront is the
dominant land holder at the Ring of Fire and continues to delineate and prove
up its discoveries with NI 43-101 technical and economic reports and an
aggressive and well financed drill plan for the remainder of 2009 and 2010.
All material information on Noront can be found on the Company's website at
www.norontresources.com or at SEDAR at www.sedar.com

Wesley (Wes) Hanson

President and Chief Executive Officer

Forward Looking Statements

This release contains "forward-looking statements" within the meaning of
applicable Canadian securities legislation, including predictions,
projections and forecasts. Forward-looking statements include, but are not
limited to, statements that address activities, events or developments that
the Company expects or anticipates will or may occur in the future, including
such things as future business strategy, competitive strengths, goals,
expansion, growth of the Company's businesses, operations, plans and with
respect to exploration results, the timing and success of exploration
activities generally, permitting time lines, government regulation of
exploration and mining operations, environmental risks, title disputes or
claims, limitations on insurance coverage, timing and possible outcome of any
pending litigation and timing and results of future resource estimates or
future economic studies.

Often, but not always, forward-looking statements can be identified by
the use of words such as "plans", "planning", "planned", "expects" or
"looking forward", "does not expect", "continues", "scheduled", "estimates",
"forecasts", "intends", "potential", "anticipates", "does not anticipate", or
"belief", or describes a "goal", or variation of such words and phrases or
state that certain actions, events or results "may", "could", "would",
"might" or "will" be taken, occur or be achieved.

Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.

For further information: please contact Joanne Jobin, Vice President
Corporate Communications at +1-416-367-1444 ext 126, or visit Noront's
website at: www.norontresources.com

For further information: please contact Joanne Jobin, Vice President Corporate Communications at +1-416-367-1444 ext 126

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