TSX Venture Exchange Symbol FNR
SASKATOON, June 1, 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% convertible senior secured
debentures, series 1 issued June 2,
2015. Payment was made to debenture holders of record as of
June 1, 2017 and related to interest
accrued from June 2, 2016 to
June 1, 2017. The total annual
interest payment is $72,529.80.
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.