TSX Venture Exchange Symbol FNR
SASKATOON, April 29, 2020 /CNW/ - 49 North Resources
Inc. ("49 North" or the "Company") (TSXV: FNR) 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 Filings"):
- the annual financial statements for the year ended December 31, 2019, as required by Part 4 of
National Instrument 51-102 - Continuous Disclosure
Obligations ("NI 51-102");
- the management discussion and analysis for the year ended
December 31, 2019, as required by
Part 5 of NI 51-102; and
- the certifications of the annual financial statements for the
year ended December 31, 2019, as
required by section 4.1 of National Instrument 52-109
– Certification of Disclosure in Issuers' Annual and
Interim Filings.
The Company expects to file and deliver, as applicable, the
Annual Filings on or about June 15,
2020, as it is afforded a postponement of up to 45-days
pursuant to the blanket relief granted to all market participants
under applicable securities law.
Other than as disclosed in the Company's press releases, there
have not been any material business developments since the date
that last financial statements of the Company were filed.
The Company confirms that its management and other insiders are
subject to an insider trading black-out policy that reflects the
principles in section 9 of National Policy 11-207
– Failure-to-File Cease Trade Orders and Revocations in
Multiple Jurisdictions, such that they are in a black-out
period until the commencement of the second trading day after the
Annual Filings have been disclosed by way of a news release.
About 49 North Resources Inc.
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.
CAUTION REGARDING FORWARD LOOKING
STATEMENTS
Information in this news release that is not a
statement of historical fact constitutes forward-looking
information. Forward-looking statements contained herein include
statements relating to the expected timing of the Annual Filings.
Forward-looking statements are based on assumptions management
believes to be reasonable at the time such statements are made.
There can be no assurance that such statements will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking
statements. Although the Company has attempted to identify
important factors that could cause actual results to differ
materially from those contained in forward-looking statements,
there may be other factors that cause results not to be as
anticipated, estimated or intended. Factors that may cause actual
results to differ materially from expected results described in
forward-looking statements include, but are not limited to:
uncertainties as a result of the global Covid-19 pandemic as well
as those risk factors set out in the Company's Management
Discussion and Analysis and other disclosure documents available
under the Company's profile at www.sedar.com. Forward-looking
statements contained herein are made as of the date of this news
release and the Company disclaims any obligation to update any
forward-looking statements, whether as a result of new information,
future events or results or otherwise, except as required by
applicable securities laws.
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.