49 North Resource Fund Inc.
TSX VENTURE : FNR

49 North Resource Fund Inc.

July 03, 2008 16:37 ET

49 North Resource Fund Inc. Grants Stock Options

SASKATOON, SASKATCHEWAN--(Marketwire - July 3, 2008) - 49 North Resource
Fund Inc. ("49 North") (TSX VENTURE:FNR) reports it has granted to directors,
officers, employees and consultants an aggregate of 75,000 options to acquire common shares of 49 North. The options are exercisable at a price of $10.00 per common share for a period of ten years from the date of grant.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • 49 North Resource Fund Inc.
    Tom MacNeill
    President & CEO
    (306) 653-2692
    Email: ir@fnr.ca