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| Home : Northern Dynasty Announces Increase to Bought Deal Offering of Common Shares |
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Jan 13
2017 |
Northern Dynasty Announces Increase to Bought Deal Offering of Common Shares |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 12, 2017) - Northern Dynasty Minerals Ltd. (TSX:NDM)(NYSE MKT:NAK) ("Northern Dynasty" or the "Company") is pleased to announce that as a result of strong demand, it has increased the size of its previously announced bought deal offering to 17,600,000 common shares of the Company (the "Offered Shares") at the price of US$1.85 per Offered Share (the "Issue Price") for aggregate gross proceeds of US$32.56 million (the "Offering"). The offering was made through a syndicate of underwriters co-led by Cantor Fitzgerald Canada Corporation, TD Securities Inc. and BMO Capital Markets (collectively, the "Underwriters"). |
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| Source:http://www.marketwired.com/mw/release.do?id=2188093&sourceType=3 |
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