TSX Venture Exchange symbol FNR
SASKATOON, Nov. 23, 2011 /CNW/ - 49 North Resources Inc. ("49 North")
(TSXV: FNR) has declared aggregate cash dividends of $0.02 on each
common share outstanding, payable on or after December 20, 2011 to
shareholders of record at the close of business on December 1, 2011.
The entire amount of the dividend constitutes an "eligible dividend"
for Canadian income tax purposes. Shareholders with questions regarding
the tax treatment of dividends should consult their own tax advisors or
contact their local office of the Canada Revenue Agency and where
applicable, the provincial tax authorities.
49 North is a Saskatchewan focused resource investment company with
strategic operations in financial, managerial and geological advisory
services and merchant banking. 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.
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.
For further information:
49 North Resources Inc.
President and Chief Executive Officer
306-653-2692 or firstname.lastname@example.org.