Business
49 NORTH RESOURCES INC. ANNOUNCES THE RESULTS OF ITS ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS AND GRANT OF STOCK OPTIONS
May 6, 2011 (Canada NewsWire Group) -- TSX Venture Exchange symbol FNR SASKATOON, SK,...
About this update from 49 North Resources Inc
[{"type":"text","content":"\n\n\n May 6, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nTSX Venture Exchange symbol FNR\n\n\nSASKATOON, SK, May 6 /CNW/ - 49 North Resources Inc. ("49 North" or\n "Company") (TSX Venture: FNR) is pleased to announce that at the Annual\n and Special Meeting of Shareholders held May 5, 2011 (the "Meeting"),\n the Company's shareholders re-elected the incumbent board of directors,\n being Tom MacNeill, Brad Munro, Stephen Halabura, Jeffrey Green and C.\n Michael Ryer.  49 North also reports the resolutions re-appointing its\n auditor and approving the continuation of the Company's stock option\n plan were approved.\n\n\nFollowing the Meeting, the board of directors of 49 North approved the\n grant of 195,000 stock options pursuant to the Company's 2008 Stock\n Option Plan.  140,000 of the options were granted to directors and\n executive officers, with the balance granted to employees and\n consultants.  The options are exercisable at $3.60 per share, and if\n not exercised, expire May 5, 2021, subject to earlier expiration in\n accordance with the 2008 Stock Option Plan and the applicable policies\n of the TSX Venture Exchange.\n\n\n49 North is a Saskatchewan focused resource investment company with\n strategic operations in financial, managerial and geological advisory\n services and merchant banking. Our diversified portfolio of assets\n includes direct project involvement in the resource sector, as well as\n investments in sha...