TSX Venture Exchange Symbol FNR
SASKATOON, SK, Jan. 17,
2022 /CNW/ - 49 North Resources Inc. ("49 North" or
the "Company") (TSXV: FNR) has approved the grant of 6,750,000
stock options pursuant to the Company's Stock Option Plan.
3,500,000 of the options were granted to directors and executive
officers, with the balance granted to consultants. The
options are exercisable at $0.05 per
share and, if not exercised, expire January
13, 2032, subject to earlier expiration in accordance with
the Stock Option Plan and the applicable policies of the TSX
Venture Exchange.
49 North is a natural resource focused investment company.
The Company's diversified portfolio of assets includes investments
in shares and other securities of junior and intermediate mineral
and oil and gas exploration companies.
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.