Saturday, April 21, 2018 4:39:53 PM
<The entry by First Quantum into the option agreement is contingent upon the completion of due diligence, necessary regulatory approvals being obtained and the successful negotiation of the final form of the option agreement and associated commercial agreements. Finalization and execution of the option agreement and associated commercial agreements is expected early in the second quarter of 2018. Investors are cautioned there is no assurance that a transaction will be entered into at the end of the process.
“We have made good progress in the partnering process and are very pleased to be in advanced-stage discussions with First Quantum, an industry leader in mine development and management,” Northern Dynasty President & CEO Ron Thiessen confirmed. “Just as importantly, the immediate capital contribution from First Quantum will allow Northern Dynasty to execute on its plan to move the Pebble Project forward to initiate federal and state permitting in the very near-term.”>
https://www.northerndynastyminerals.com/news/news-releases/2017/northern-dynasty-enters-into-framework-agreement-with-first-quantum-minerals/
<The Pebble EIS scoping period, which began April 1, will now run until June 29 instead of the original April 30 closing date.>
http://www.alaskajournal.com/2018-04-06/corps-engineers-extends-pebble-scoping-period#.WtufvS-ZPFw
"Be fearful when others are greedy, and greedy when others are fearful."
_Warren Buffett
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