49 North Resources Inc V.FNR

Alternate Symbol(s): FNINF

Financial Services Asset Management

49 North Resources Inc. is a resource investment, financial, and managerial advisory company. The Company’s principal businesses include investing in a diversified portfolio of common shares and other securities of resource issuers including, without limitation, resource issuers engaged in mineral or oil and gas exploration and development, with a view to achieving capital appreciation of the portfolio. It invests in all sectors of mineral exploration as well as oil and gas exploration and production around the globe. The Company’s portfolio is comprised of investments that are predominantly Saskatchewan focused on private and public resource issues at various stages of development. Individual projects range from grass roots exploration to near feasibility in the minerals sector and early-stage production of hydrocarbons.

TSXV:FNR - Post by User

49 North Resources Inc

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Post by ipanemaon Oct 18, 2011 12:30pm

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Post# 19159561

Buy Back

Thank you both for your explanations. In my dd notes i have the shares in issue at June 30th at 15,135,677. Subject to some more units being issued since then, if any, to cover options/warrants etc, would I be correct in reducing the number of shares issued therefore by the quantity bought back which of course will increase the EPS and NAV for all remaining units? Thanks in advance. GLTA

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