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To: Goose94 who wrote (18904)7/11/2016 11:41:24 AM
From: Goose94Read Replies (2) | Respond to of 203654
 
Northern Dynasty Minerals (NDM-T) July 5, '16 announces that it has completed a private placement of 4,444,376 Units, each consisting of one share and one warrant of the Company at a price of $0.45 per Unit for gross proceeds of approximately $2 million. The warrants are exercisable into one common share of the Company at the exercise price of $0.65 per share until June 10, 2021. The shares and warrants are subject to applicable resale restrictions, including a four month hold under Canadian legislation. The warrants will be listed for trading on the TSX once the hold period expires.

Proceeds will be used for working capital purposes.

The securities to be issued pursuant to this transaction have not been registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), and may not be offered or sold in the United States absent registration or applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Northern Dynasty Minerals Ltd.

Northern Dynasty is a mineral exploration and development company based in Vancouver, Canada. Northern Dynasty's principal asset is the Pebble Project in southwest Alaska, USA, an initiative to develop one of the world's most important mineral resources.

Marchand Snyman
Chief Financial Officer

northerndynastyminerals.com