North of 60 Mining News - The mining newspaper for Alaska and Canada's North

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


Last updated 1/3/2016 at Noon

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 Dyn...

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