CALGARY, Jan. 10 /CNW/ - NewNorth Projects Ltd. (NNP.TSX) today
announces the payment of annual interest totaling $545,535.06 on the
existing 10% Unsecured Redeemable Subordinated Debenture paid on or
about December 22, 2010 to debenture holders of record at December 8,
2010. The Debenture trades on the TSX Venture Exchange under the symbol
NewNorth Projects Ltd is an integrated land and building development
company operating in Alberta and the Northwest Territories.
SOURCE NewNorth Projects Ltd.
For further information:
For additional information, please contact Mr. Greg N. Herndier, President and Chief Executive Officer or Mrs. Shannon Cook, Controller, at (403) 531-0280.