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 currency24on Apr 22, 2013 1:45pm

208 Views

Post# 21284907

Debentures Not Paid Off Chung

Chung, maybe I missed a press release but, I see no public announcement that FNR Debenture holders have been paid off yet with a swap for preffered shares? Debentures is DEBT.

Also, fail to find how FNR is going to be able to raise any $$$ for some time to come if at all, unless an investor want to turn a $1 into 10 cents, un my humble opinion.

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