TSX Venture Exchange Symbol FNR
SASKATOON, June 12, 2018 /CNW/ - 49 North Resources Inc.
("49 North" or the "Company") (TSXV: FNR) has
received approval from the TSX Venture Exchange (the
"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"). 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 (i) an amendment to the expiry date of
10,000,000 of the Warrants to June 16,
2019, and (ii) an amendment to the exercise price of
8,260,000 of the Warrants to $0.10. Insider warrants in the amount of
1,740,000 were not subject to the amendment to the exercise price.
For further information on the Warrants, please see the Company's
press releases dated June 3, 2016,
June 16, 2016, and May 31, 2018.
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.