Announces the results of its Annual and Special Meeting of Shareholders - 49 North Resources Inc
SASKATOON, July 12, 2013 - 49 North Resources Inc. ("49 North" or "Company") (TSX Venture: FNR) is pleased to announce that at the Annual and Special Meeting of Shareholders held July 12, 2013 (the "Meeting"), the Company's shareholders re-elected the incumbent board of directors, being Tom MacNeill, Stephen Halabura, Jeffrey Green and Norman Betts. 49 North also reports the resolutions re-appointing its auditor, approving the continuation of the Company's stock option plan, ratifying the Company's new shareholder rights plan and advance notice bylaw were all approved.The shareholders of the Company showed strong support for the matters brought before the Meeting, with each resolution passing with the support of over 98% of the votes cast. Management would like to thank its shareholders for their support as it navigates through the protracted downturn in the junior resource capital markets.
49 North is a Saskatchewan focused oil and gas exploration, development and production company with a significant resource investment portfolio and strategic operations in financial, managerial and geological advisory services. Our diversified portfolio of assets includes direct project involvement in the resource sector, as well as investments in shares and other securities of junior and intermediate mineral and oil and gas exploration companies. Additional information about 49 North is available at www.sedar.com.
Forward Looking Information: This release contains forward-looking information within the meaning of applicable Canadian securities legislation. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied by such forward-looking information. In addition, the forward-looking information contained in this release is based upon what management believes to be reasonable assumptions. Readers are cautioned not to place undue reliance on forward-looking information as it is inherently uncertain and no assurance can be given that the expectations reflected in such information will prove to be correct. The forward-looking information in this release is made as of the date hereof and, except as required under applicable securities legislation, 49 North assumes no obligation to update or revise such information to reflect new events or circumstances.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE 49 North Resources Inc.
49 North Resources Inc.
Tom MacNeill, President and Chief Executive Officer
306-653-2692 or
ir@fnr.ca