Brief: Northern Dynasty Minerals Says There Is Material Uncertainty That Raises Substantial Doubt About Group’S Ability To Continue As A Going Concern

Northern Dynasty Minerals

15/05/2023 12:20

May 15 (Reuters) - Northern Dynasty Minerals Ltd:
    * NORTHERN DYNASTY MINERALS - AS OF MARCH 31 HAD C$9.4
MILLION IN
CASH, CASH EQUIVALENTS FOR OPERATING REQUIREMENTS, WORKING
CAPITAL OF C$8.1 MILLION
    * NORTHERN DYNASTY MINERALS: ADDITIONAL FINANCING REQUIRED
TO
PROGRESS ANY MATERIAL EXPENDITURES AT PEBBLE PROJECT & FOR
WORKING CAPITAL REQUIREMENTS
    * NORTHERN DYNASTY MINERALS - IF UNABLE TO RAISE NECESSARY
CAPITAL
RESOURCES GROUP MAY, AT SOME POINT, CONSIDER REDUCING OR
CURTAILING ITS OPERATIONS
    * NORTHERN DYNASTY MINERALS - THERE IS MATERIAL UNCERTAINTY
THAT
RAISES SUBSTANTIAL DOUBT ABOUT GROUP’S ABILITY TO CONTINUE AS A
GOING CONCERN
    * NORTHERN DYNASTY MINERALS LTD - QTRLY LOSS PER SHARE OF
C$0.01

Further company coverage:  NDM.TO 

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