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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

Post by HeartofAUon Jun 03, 2020 11:04am
369 Views
Post# 31106515

FNR Amendment of Convertible Secured Debentures

FNR Amendment of Convertible Secured DebenturesFirst post, had to see if other owners of FNR debentures are upset about this situation.

This is not a very good offer to extend a contract from 5 to 8 years without any  benifit to the lender.

I would not vote in favour of this, looking to hear from others.
slinte
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