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Noront adopts poison pill to thwart Forrest takeover bid Save Share Noront Resources has adopted a shareholder rights plan to protect, it said, against âcreeping bidsâ for its common shares. Toronto Stock Exchange-listed Norontâs assets include Canadaâs highest grade nickel discovery since Vale-owned Voiseyâs Bay. The Forrest camp has signalled it is willing to bankroll development of the discovery along with other projects in a region known as the Ring of Fire. Norontâs highly rated Eagleâs Nest nickel project sits in the Ring of Fire, an emerging multi-metals region in the James Bay Lowlands of Northern Ontario where Noront has other assets. ....