49 North Resources Inc. announces that pursuant to blanket relief granted by the securities regulatory authority or regulator in each province and territory of Canada as a result of the COVID-19 pandemic, 49 North is postponing the filing and delivery, as applicable, of the following continuous disclosure documents of the Company : the annual financial statements for the year ended December 31, 2019, as required by Part 4 [...]
49 North Resources Inc. 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 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 [...]
49 North Resources Inc. 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% convertible senior secured debentures, series 1 issued June 2, 2015. Payment was made to debenture holders of record as of June 1, 2018 and related to interest accrued from June 2, 2018 to June 1, 2019. The total annual interest payment is $68,738.45. 49 North [...]
49 North Resources Inc. has approved the grant of 3,050,000 stock options pursuant to the Company's 2008 Stock Option Plan. 2,000,000 of the options were granted to directors and executive officers, with the balance granted to consultants. The options are exercisable at $0.05 per share and, if not exercised, expire May 2, 2029, subject to earlier expiration in accordance with the 2008 Stock Option Plan and the [...]
49 North Resources Inc. is pleased to announce that at the Annual and Special Meeting of Shareholders held March 19, 2019, the Company's shareholders re-elected Tom MacNeill, Andrew Davidson, Norman Betts and Andrew Cook as the Company's directors. 49 North also reports the resolutions re-appointing Davidson & Company LLP as auditors for the Company and approving the continuation of the Company's stock option plan were [...]
49 North Resources Inc. 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 [...]
49 North Resources Inc. is pleased to announce the closing, on December 12, 2018, of its previously announced rights offering for aggregate gross proceeds of $452,570.62. The rights offering was 74.96% subscribed, with a total of 22,628,531 common shares of 49 North being issued to rights holders. Of the total number of shares issued pursuant to the Rights Offering, 11,361,904 Common Shares were issued pursuant to the [...]
49 North Resources Inc. reminds holders of the Company's outstanding rights of important, upcoming deadlines and details for the Rights offering previously announced on November 6, 2018. The Company announced on November 6, 2018 an offer to shareholders of record on November 14, 2018, Rights to purchase common shares of the Company. One Right was issued for each common share held. Two Rights and two cents are required to [...]
49 North Resources Inc. announces that it will be completing a rights offering in which holders of record of the Company's common shares, as at the record date of November 14, 2018, will receive rights to subscribe for Rights Offering Shares of the Company on the basis of one right for each common share held. Two rights will entitle the holder to subscribe for one common share of the Company upon payment of a subscription [...]
TSX Venture Exchange Symbol FNR SASKATOON, June 12, 2018 /CNW/ - 49 North Resources Inc. has received approval from the TSX Venture Exchange to amend the expiry date and the exercise price of its share purchase warrants that were originally issued on June 16, 2016 . The Warrants were originally set to expire on June 16, 2018 with an exercise price of $0.15. The amendments approved by the Exchange consisted of an amendment [...]
TSX Venture Exchange Symbol FNR SASKATOON, June 1, 2018 /CNW/ - 49 North Resources Inc. 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, 2018 and related to interest accrued from June 2, 2017 to June 1 [...]
TSX Venture Exchange Symbol FNR SASKATOON, May 31, 2018 /CNW/ - 49 North Resources Inc. announces that it is making an application to the TSX Venture Exchange to amend the expiry date and the exercise price of its share purchase warrants that were originally issued on June 16, 2016 . The Warrants that are the subject of the amendment application were originally set to expire on June 16, 2018 with an exercise price of [...]
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