TSX Venture Exchange Symbol FNR
SASKATOON, Dec. 20, 2019 /CNW/ - 49 North Resources Inc.
("49 North" or the "Company") (TSXV: FNR) announced today 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 (the "Debentures") and its 2.5%
convertible subordinated secured debentures. Payment was made
to debenture holders of record as of December 1, 2019 and related to interest accrued
from December 19, 2018 to
December 18, 2019. The total
annual interest payment is $67,624.11.
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.