NYSE MKT : NAK  $1.63 +0.16   TSX : NDM  $2.05 +0.20

TSX : NDM.WT  $0.09 +0.03   TSX : NDM.WT.A  $1.64 +0.30   TSX : NDM.WT.B  $1.40 -0.16

Northern Dynasty Warrant Terms

Northern Dynasty Warrants (traded on the TSX)

The following information is updated periodically and may change to the extent that various warrants are exercised. Please see the Company's periodic financial statements for further information.


NDM-WT: 2,735,433 outstanding, strike price C$3.00, expiry September 14, 2017


NDM-WT.A: 13,182,076 outstanding, strike price C$0.55, expiry July 9, 2020


NDM-WT.B: 42,444,376 outstanding, strike price C$0.65, expiry June 10, 2021