TSX Venture Exchange Symbol FNR
SASKATOON, Dec. 21, 2018 /CNW/ - 49 North Resources Inc.
("49 North" or the "Company") (TSXV: FNR) announces that it has
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 and its 2.5% convertible
subordinated secured debentures. Payment was made to debenture
holders of record as of December 1,
2018 and related to interest accrued from December 19, 2017 to December 18, 2018. The total annual interest
payment is $67,626.68.
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.