Northern Dynasty raises $5 million; finalizes buyout of Mission Gold Ltd.

Northern Dynasty Minerals Ltd. Dec. 23 reported completion of a C$5.18 million private placement in which the junior mining company issued 12,573,292 common shares at C41.2 cents each.

A referral fee of 300,000 common shares also was paid.

The shares are subject to applicable resale restrictions, including a four-month hold under Canadian legislation.

Following the financing, Northern Dynasty Mine...