Business NewsMarketWire • 49 North Resources Inc. Announces Acquistion of Shares of Minerva Minerals Limited

49 North Resources Inc. Announces Acquistion of Shares of Minerva Minerals Limited

49 North Resources Inc. Announces Acquistion of Shares of Minerva Minerals Limited

SASKATOON, SASKATCHEWAN--(Marketwire - April 9, 2010) - 49 North Resources Inc. ("49 North") (TSX VENTURE:FNR) announces that on April 9, 2010 it acquired ownership of 1,158,667 common shares of Minerva Minerals Limited ("Minerva") (representing 26.75% of Minerva' outstanding common shares) at a cost of $0.06296 per share. The acquisition was completed privately through a series of share purchase agreements. Following the transaction 49 North holds 26.75% of the issued and outstanding common shares of Minerva. 

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