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-0.0105882352941177 -0.011764705882353 -0.0588235294117648 -0.0588235294117648 -0.0705882352941177 -0.105882352941176 -0.0705882352941177 -0.0705882352941177
Stock impact report

Northern Dynasty announces US$8.0 million bought deal and concurrent up to US$2.0 million private placement

Northern Dynasty Minerals, Ltd. (NAK) 
Company Research Source: PR Newswire
VANCOUVER, Aug. 8, 2019 /PRNewswire/ - Northern Dynasty Minerals Ltd. (TSX: NDM; NYSE American: NAK) ("Northern Dynasty" or the "Company") announces that the Company has entered into an agreement dated August 8, 2019 with Cantor Fitzgerald Canada Corporation, as lead underwriter and sole book-runner on behalf of itself and a syndicate of underwriters (collectively, the "Underwriters"), to purchase, on a bought deal basis, 10,667,000 common shares of the Company (the "Offered Shares") at the price of US$0.75 per Offered Share (the "Issue Price") for aggregate gross proceeds of approximately US$8.0 million (the "Offering").In addition, Northern Dynasty has agreed to grant to the Underwriters an over-allotment option (the "Over-Allotment Option") exercisable, in whole or in part, in the sole discretion of the Underwriters to purchase up to an additional 1,600,050 Offered Shares at the Issue Price for a period of up to 30 days after the closing of the Offering for potential gross proceeds Show less Read more
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