49 North Resources Inc. Makes Annual Payment of Debenture Interest
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.
49 North Resources Inc.: Tom MacNeill, President and Chief Executive Officer, 306-653-2692 or [email protected].
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