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

Northern Dynasty Minerals Ltd. Jan. 11 announced plans to raise US$25 million, a financing that quickly swelled to US$32.56 million due to the immediate demand for the shares being offered.

The original bought deal offering - made through a syndicate of underwriters co-led by Cantor Fitzgerald Canada Corp., TD Securities Inc. and BMO Capital Markets - involved 13.52 million Northern Dynasty sh...