The mining newspaper for Alaska and Canada's North

Northern Dynasty plans to raise C$20M

Northern Dynasty Minerals Ltd. Aug. 11 reported plans to raise up to C$20 million by issuing C$10-C$15 million of special warrants exercisable into the company's listed common shares at a price of C39.9 cents per warrant together with acquisition of Cannon Point Resources, an inactive TSX Venture Exchange-listed company whose primary asset is C$4.7 million cash.

The special warrants will be privat...

 

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