Brief: Northern Dynasty Minerals Ltd Announces $25 Million Bought Deal And Up To $7.5 Million Concurrent Private Placement

Northern Dynasty Minerals

09/07/2020 22:36

July 9 (Reuters) - Northern Dynasty Minerals Ltd  NDM.TO :
    * NORTHERN DYNASTY MINERALS LTD - ANNOUNCES US$25 MILLION
BOUGHT
DEAL AND UP TO US$7.5 MILLION CONCURRENT PRIVATE PLACEMENT
    * NORTHERN DYNASTY MINERALS LTD - UNDERWRITERS TO PURCHASE,
ON
BOUGHT DEAL BASIS, 17.1 MILLION COMMON SHARES OF CO AT PRICE OF
US$1.46 PER OFFERED SHARE
    * NORTHERN DYNASTY -  TO UNDERTAKE NON-BROKERED PRIVATE
PLACEMENT
TO INVESTORS OUTSIDE U.S. OF UP TO 5.1 MILLION SHARES OF CO AT
US$1.46 PER OFFERED SHARE

Source: [ID:https://bit.ly/38ECkdA]
Further company coverage:  NDM.TO 

 ((Reuters.Briefs@thomsonreuters.com;))