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FNR 49 North Resources Inc

0.02
0.00 (0.00%)
28 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
49 North Resources Inc TSXV:FNR TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.02 0.02 0.025 0.02 0.02 0.02 325,000 14:52:39

49 North Resources Inc. Makes Annual Payment of Debenture Interest

19/12/2017 11:34pm

PR Newswire (Canada)


49 North Resources (TSXV:FNR)
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TSX Venture Exchange Symbol FNR

SASKATOON, Dec. 19, 2017 /CNW/ - 49 North Resources Inc. ("49 North" or the "Company") (TSXV: FNR) announced today that it paid, in cash, due interest in the amount of approximately $2.50 per $100 principal amount of its outstanding 2.5% Series 2 convertible, secured debentures issued December 18, 2015 (the "Debentures") and its 2.5% convertible subordinated secured debentures.  Payment was made to debenture holders of record as of December 1, 2017 and related to interest accrued from December 19, 2016 to December 18, 2017.  The total annual interest payment is $67,689.83.

49 North is a Saskatchewan focused resource investment company.  Our diversified portfolio of assets includes investments in shares and other securities of junior and intermediate mineral and oil and gas exploration companies. 

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. 

SOURCE 49 North Resources Inc.

Copyright 2017 Canada NewsWire

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