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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

Comment by Chucky951on Jun 03, 2020 4:27pm
223 Views
Post# 31108606

RE:FNR Amendment of Convertible Secured Debentures

RE:FNR Amendment of Convertible Secured DebenturesAgree, it is not a good offer. maybe they should be lowering the conversion price and boosting the % as a minimum.
Majority ownership in OMM as well which has been flying lately. Could sell some of that to close out the FNR debeture holders as an alternate.
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