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Northern Dynasty Minerals Ltd.

11:08 AM EST - Northern Dynasty Minerals Ltd. : Has completed a first tranche closing of the fundraising through a private placement of 8,908,322 Special Warrants at a price of $0.83 per Special Warrant, for gross proceeds of approximately $7.4 million. The Company expects to close the second tranche of 2,382,000 Special Warrants imminently, for total aggregate offering proceeds of approximately $9.4 million. Northern Dynasty Minerals Ltd. shares T.NDM are trading unchanged at $0.78.