Northern Dynasty Minerals Ltd (NAK)

[wwalker3]

The proceeds of the Offering are anticipated to be used to fund the Company's activities in connection with the advancement of the development of the Pebble Project, including
(i) ongoing work with Alaska and federal regulatory agencies,
(ii) maintaining an active corporate presence in Alaska by continuing to build relationships with both federal and Alaska state governments and agencies and Native Corporations and communities,
(iii) commencement of the Alaska state permitting process,
(iv) maintenance of the Pebble claims in good standing,
(v) ongoing discussions and possible negotiations to secure a potential project partner or partners, and
(vi) general corporate purposes.