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News Archives
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Archived What's New Articles |
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Posted:
January 16, 2012
at 8:00 AM.
Ends: February 16, 2012
at 8:00 AM.
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49 NORTH RESOURCES INC. ENTERS CREDIT FACILITY SASKATOON, SASKATCHEWAN - (CNW – January 13, 2012) 49 North Resources Inc. (“49 North”) (TSXV: FNR) announces a secured operating line of credit with HSBC Bank Canada. The aggregate amount of the credit facility is $1,850,000 and will be used for short-term project bridge financing, as required. Management is pleased that 49 North has matured to the point where it meets the rigorous requirements of the Canadian senior banking sector. |
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Posted:
December 5, 2011
Ends: January 23, 2012
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November 23, 2011 49 NORTH RESOURCES INC. DECLARES QUARTERLY DIVIDEND OF $0.02 PER SHARE SASKATOON, SASKATCHEWAN - (CNW – November 23, 2011) 49 North Resources Inc. (“49 North”) (TSXV: FNR) has declared aggregate cash dividends of $0.02 on each common share outstanding, payable on or after December 20, 2011 to shareholders of record at the close of business on December 1, 2011. The entire amount of the dividend constitutes an “eligible dividend” for Canadian income tax purposes. Shareholders with questions regarding the tax treatment of dividends should consult their own tax advisors or contact their local office of the Canada Revenue Agency and where applicable, the provincial tax authorities. For the complete PDF version click here |
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Posted:
October 28, 2011
Ends: December 28, 2011
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October 28, 2011
49 NORTH RESOURCES INC. PROVIDES OPERATIONAL UPDATE FOR ALLSTAR ENERGY LIMITED SASKATOON, SASKATCHEWAN - (CNW – October 28, 2011) 49 North Resources Inc. ("49 North") (TSXV:FNR), is pleased to provide an update on the operations of Allstar Energy Limited ("Allstar"), a private subsidiary company of which 49 North owns 89.5% of the issued and outstanding shares. For the full PDF version click here |
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Posted:
September 28, 2011
Ends: November 23, 2011
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September 27, 2011
49 NORTH RESOURCES INC. ANNOUNCES OPTION AGREEMENT WITH EAGLE PLAINS RESOURCES LTD. SASKATOON, SASKATCHEWAN - (CNW – September 27, 2011) 49 North Resources Inc. ("49 North") (TSX-V:FNR) is pleased to announce it has entered into an option agreement (the "Option Agreement") with Eagle Plains Resources Ltd. ("Eagle Plains") (TSX-V:EPL). The Option Agreement was entered using a subsidiary company of 49 North, 101191710 Saskatchewan Ltd. ("101191710"), and provides 101191710 the option to acquire a 60% interest in the Goatfell Property located 30km east of Creston, British Columbia. Please refer to the Eagle Plains press release of September 26, 2011 for further information about the Goatfell Property. For a complete PDF Version click here |
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Posted:
September 26, 2011
Ends: November 23, 2011
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September 23, 2011
49 NORTH RESOURCES INC. MAKES ANNUAL PAYMENT OF DEBENTURE INTEREST SASKATOON, SASKATCHEWAN – (CNW – September 23, 2011) Mr. Tom MacNeill, President and CEO of 49 North Resources Inc. ("49 North") (TSX Venture: FNR), announced today that the company has paid, in cash, due interest in the amount of approximately $8 per $100 principal amount of its outstanding 8% convertible, unsecured, subordinated debentures issued in September and October of 2010 (the "2010 Debentures"). Payment was made to debenture holders of record as of August 30, 2011. The total of the annual interest payment is $375,264. For a complete PDF version click here |
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