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49 North Resources Inc V.FNR

Alternate Symbol(s):  FNINF

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

Bullboard Posts
Post by currency24on Jun 04, 2013 6:40pm
161 Views
Post# 21489833

MISLEADING - 2013/2014 Debentures NOT DONE DEAL

MISLEADING - 2013/2014 Debentures NOT DONE DEAL

I just read Chung's post, sounds good until you actually read the post, Debentures are not a DONE DEAL

According to the Press  Release Chung Posted - 25% 2014 DEBENTURE HOLDERS voted - 93 voted for it - Tom Mac Neill's Mom owned 20%?

2013 - DEBENTURES - only 15 % have voted - NO QUORUM - Sorry Folks and Chung - you need 25% for a Quorum - of the 15% that voted 100% approved - still NOT A DONE DEAL. 

In FACT NOTHING HAS CHANGED - the Release is Misleading, perhaps in the hopes nobody reads the rest of the releae only the head Lines and Chung's post.

Right now - 04 June its not DONE even though they make sound like its done. 

YES, June 6th is going to be the Longest Day.

All the above in my humble opinion and based on Chung's copy of a press release which seems not have been distributed yet.

Bullboard Posts