Northern Dynasty completes C$5.18 million private placement of stock

Deal sells 12,573,292 common shares at C$0.412 apiece, a 3% premium

By Devika Patel

Knoxville, Tenn., Dec. 23 – Northern Dynasty Minerals Ltd. said it settled a C$5.18 million private placement of stock.

The company sold 12,573,292 common shares at C$0.412 per share. The price per share reflects a 3% premium to the Dec. 22 closing share price of C$0.40.

Based in Vancouver, B.C., Northern Dynasty explores the Pebble property in Alaska for copper, gold and molybdenum.

Issuer:	Northern Dynasty Minerals Ltd.
Issue:	Common shares
Amount:	C$5,180,196
Shares:	12,573,292
Price:	C$0.412
Warrants:	No
Settlement date:	Dec. 23
Stock symbol:	Toronto: NDM
Stock price:	C$0.40 at close Dec. 22
Market capitalization:	C$57.54 million

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