Business
Notice to First Narrows Shareholders in response to Cease Trade Order
Notice to First Narrows Shareholders in response to Cease Trade Order
About this update from Northern Uranium Corp.
[{"type":"text","content":"\nNotice to First Narrows Shareholders in response to Cease Trade Order\n\n\n Aug. 10, 2009 (Filing Services Canada) -- First Narrows Resources Corp. (UNO - TSX Venture, FNRWF - OTCBB_Pink_Sheets), announces, following the cease trade order issued by the British Columbia Securities Commission (the \"BCSC\") on August 7, 2009 as a result of the Company not having filed its annual audited financial statements by the required date of July 29, 2009, that it is making every effort to complete the annual audited financial statements and file them accordingly.Further to the news release of July 27, 2009, the Company had hoped to avoid the issuance of a cease trade order prohibiting persons who have not been directors, officers or insiders of the Company from trading in the outstanding securities of the Company for so long as the annual audited financial statements are not filed. The Company apologies to its shareholders for any inconvenience the cease trader order may cause. The Company will continue to communicate with the BCSC and other Canadian securities regulatory authorities to secure the revocation of the cease trade order and upon receipt will then seek the approval of the TSX Venture Exchange to reinstate the securities of the Company for trading as soon as possible. Additionally, the Company will continue to evaluate its options for financing the Fall drill program planned for the Middle River gold project in New Brunswick, Canada, and continue to pursue favourble joint venture opportunities for the Chester copper-polymetallic project in New Brunswick and the Susana D'Oro copper-gold-silver project in Sonora, Mexico.About First Narrows Resources Corp.First Narrows Resources Corp. (TSX-V: UNO) is a Canadian-based mineral exploration company whose corporate strategy is to develop overlooked and undervalued mineral properties that offer near term production potential. The Company has projects in the Province of New Brunswick, Canada and in the State of Sonora, Mexico. The most advanced are the Chester Cu-polymetallic deposit in New Brunswick's Bathurst Mining Camp, Canada, and the Susana D'Oro Cu-Au-Ag deposit, a former high grade producer located in Sonora's Au-Ag and Cu-Mo mining belts, all 100% owned. For more information visit: www.uno.caFor Corporate, Media, or Investor Communications contact:Greg Lytle, Communications Mana...