Northern Dynasty: Pebble Partnership Served with Grand Jury Subpoena in Alaska

Northern Dynasty Minerals Ltd. (TSX:NDM)(NYSE:NAK) ("Northern Dynasty" or the "Company") announces that the Pebble Limited Partnership (the "Pebble Partnership") and Tom Collier, the former Chief Executive Officer of the Pebble Partnership, have each been served with a subpoena issued by the United States Attorney's Office for the District of Alaska to produce documents in connection with a grand jury investigation apparently involving previously disclosed recordings of private conversations regarding the Pebble Project. The Company, the Pebble Partnership, and Mr. Collier intend to cooperate with the investigation. The Company is not aware of any charges having been filed against any entity or individual in this matter. The Company will provide updates on the investigation in its periodic and interim filings and releases as necessary and appropriate

About Northern Dynasty Minerals Ltd.
Northern Dynasty is a mineral exploration and development company based in Vancouver, Canada. Northern Dynasty's principal asset, owned through its wholly owned Alaska-based U.S. subsidiary, Pebble Limited Partnership, is a 100% interest in a contiguous block of 2,402 mineral claims in southwest Alaska, including the Pebble deposit, located 200 miles from Anchorage and 125 miles from Bristol Bay. The Pebble Partnership is the proponent of the Pebble Project, an initiative to develop one of the world's most important mineral resources.

For further details on Northern Dynasty and the Pebble Project, please visit the Company's website at www.northerndynastyminerals.com or contact Investor services at (604) 684-6365 or within North America at 1-800-667-2114. Review Canadian public filings at www.sedar.com and US public filings at www.sec.gov.

Ronald W. Thiessen
President & CEO

US Media Contact:
Dan Gagnier
Gagnier Communications
(646) 569-5897

Forward Looking Information and other Cautionary Factors
This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that the Company expects are forward-looking statements. These forward-looking statements include statements as to the investigation by the United States Attorney of the District of Alaska, the cooperation by the Pebble Partnership and Mr. Collier and updates relating to the investigation. Although the Company believes the expectations expressed in its forward-looking statements are based on reasonable assumptions, such statements should not be in any way construed as any assurance as to the outcome of the investigation. For more information on the Company, Investors should review the Company's filings with the United States Securities and Exchange Commission and its home jurisdiction filings that are available at www.sedar.com.

SOURCE: Northern Dynasty Minerals Ltd.



View source version on accesswire.com:
https://www.accesswire.com/628174/Northern-Dynasty-Pebble-Partnership-Served-with-Grand-Jury-Subpoena-in-Alaska

News Provided by ACCESSWIRE via QuoteMedia

The Conversation (0)
Nine Mile Metals Announces Certified Assays of 3.49% Cu-Eq over 24.55 meters  in DDH WD-26-09

Nine Mile Metals Announces Certified Assays of 3.49% Cu-Eq over 24.55 meters in DDH WD-26-09

Including 4.03% Cu-Eq over 16.50m and 5.22% Cu-Eq over 6.50m Nine Mile Metals Ltd. (CSE: NINE,OTC:VMSXF) (OTCID: VMSXF) (FSE: KQ9) (the "Company" or "Nine Mile") is pleased to announce certified assay results for DDH WD-26-09, at the Wedge Mine in the Bathurst Mining Camp, New Brunswick. 3.49%... Keep Reading...
Brightly lit server room with rows of metal racks on shiny floors and colorful cables overhead.

Copper in Power: How AI-Driven Data Centers Affect Copper Demand

Data centers are electricity-dependent, and electricity requires copper.Copper is known as the second best conductor of electricity among all metals, second to silver. It holds about 95 percent of silver’s conductivity, yet remains the popular option for electrical wiring given its proven... Keep Reading...
Copper bars with weight stamps, stock market chart background.

What Was the Highest Price for Copper?

Strong demand in the face of looming supply shortages has pushed copper to new heights in recent years.With a wide range of applications in nearly every sector, copper is by far the most industrious of the base metals. In fact, for decades, the copper price has been a key indicator of global... Keep Reading...
Large blue letters "ASX" over green and red stock market graphs and indices names, text reads: ALL ORDINARIES.

Glencore Eyes ASX Listing to Tap US$3.1 Trillion Pension Pool

Glencore (LSE:GLEN,OTCPL:GLCNF) will pursue a secondary listing on the Australian Securities Exchange (ASX) as early as October, attempting to tap into the country's US$3.1 trillion pension pool following a massive surge in first-half corporate profits.Chief Executive Gary Nagle said the company... Keep Reading...
Quarterly Activities/Appendix 5B Cash Flow Report

Quarterly Activities/Appendix 5B Cash Flow Report

Raptor Metals (RAP:AU) has announced Quarterly Activities/Appendix 5B Cash Flow ReportDownload the PDF here. Keep Reading...
Quarterly Activities/Appendix 5B Cash Flow Report

Quarterly Activities/Appendix 5B Cash Flow Report

Azzuro Resources (AZ9:AU) has announced Quarterly Activities/Appendix 5B Cash Flow ReportDownload the PDF here. Keep Reading...

Interactive Chart

Latest Press Releases

Related News