49 NORTH RESOURCES INC. CLARIFIES HOLDINGS OF WESTCORE ENERGY LTD.
TSX Venture Exchange symbol FNR
SASKATOON, Oct. 20 /CNW/ - 49 North Resources Inc. ("FNR") (TSX Venture: FNR) of 602, 224 - 4th Avenue South, Saskatoon, Saskatchewan wishes to clarify its holdings in Westcore Energy Ltd. ("Westcore"). On October 19, 2010 FNR acquired ownership of 1,000,000 common shares of Westcore, which brings FNR's total common shareholdings in Westcore to 5,315,000 (representing 22.88% of Westcore's outstanding common shares) not 4,315,000 common shares as previously reported. When combined with Mr. MacNeill's holdings, direct and indirect, Tom MacNeill will own, control or direct 8,575,000 common shares (representing 36.92% of Westcore's outstanding common shares). Mr. Tom MacNeill is the President, Chief Executive Officer and a director of FNR
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:
49 North Resources Inc.
Tom MacNeill
President and Chief Executive Officer
306-653-2692 or [email protected]
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