VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 31, 2016) - Royalty North Partners Ltd. (TSX VENTURE:RNP) (the "Company") is pleased to announce that in connection with its proposed change of business to an investment issuer as announced in its press release dated February 3, 2016 it has filed its Filing Statement under the Company's profile on SEDAR.
The requisite shareholder approval of the proposed change of business has been obtained by written consent of shareholders holding greater than 50% of the Company's outstanding shares. The proposed change of business remains subject to TSXV approval.
The Company's shares will re-commence trading as of market open on April 4, 2016.
The Company announces the grant of 1,500,000 incentive stock options under its incentive stock option plan to directors, officers and consultants of the Company at an exercise price of $0.05 per share, exercisable on or before March 30, 2021.
On behalf of the Company,
Justin Currie, Chief Executive Officer and Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact Information:
Chris Buss
Chief Investment Officer and Director
(604) 628-1101
www.royaltynorth.com