Legal

Legal

    Website Information
    The facts and information provided to users in the pages of the Northern Dynasty Minerals Ltd.'s ("Northern Dynasty" or "NDM") website are for informational purposes only. Users should not rely on information on this website for any purpose other than for gaining general knowledge of Northern Dynasty.

    This information is not intended to be and should not be construed in any way as part of an offering or solicitation of securities. No securities commission or other regulatory authority in Canada, the United States or any other country or jurisdiction has in any way passed upon the information contained in these pages.

    Forward-Looking Statements
    All statements of Northern Dynasty on this website, other than statements of historical facts that address the permitting, development and production for the Pebble Project are forward-looking statements.  These statements include statements regarding (1) the mine plan for the Pebble Project, (ii) the social integration of the Pebble Project into the Bristol Bay region and benefits for Alaska, (iii)  the political and public support for the permitting process, (iv) the timetable for completion of the Environmental Impact Statement permitting procss by the US Army Corps of Engineers, (v) the de-risking of the Pebble Project, (vi) the design and operating parameters for the Pebble Project mine plan, (iv) exploration potenital of the Pebble Project, (viii) future demand for copper and gold, and (ix) the ability of NDM to develop the Pebble Project and become a leading copper, gold, molybdenum and silver producer.

    Although Northern Dynasty believes the expectations expressed in its forward-looking statements are based on reasonable assumptions, such statements should not be in any way construed as guarantees that the Pebble Project will secure all required government permits, establish the commercial feasibility of the Pebble Project or develop the Pebble Project.  Assumptions used by the Northern Dynasty to develop forward-looking statements include the following: (i) the Pebble Project will obtain all required environmental and other permits and all land use and other licenses without undue delay, (ii) studies for the development of the Pebble Project will be positive, (iii) NDM's estimates of mineral resources will not change, (iv) NDM will be able to establish the commercial feasibility of the Pebble Project, and (v) NDM will be able to secure the financing required to develop the Pebble Project. The likelihood of future mining at the Pebble Project is subject to a large number of risks and will require achievement of a number of technical, economic and legal objectives, including (i) obtaining necessary mining and construction permits, licenses and approval without undue delay, including without delay due to third party opposition or changes in government policies, (ii) finalization of the mine plan for the Pebble Project, (iii) completion of feasibility studies demonstrating that any of the Pebble Project mineral resources can be economically mined, (iii) completion of all necessary engineering for mining and processing facilities, and (v) receipt by NDM of significant additional financing to fund these objectives as well as funding mine construction, which financing may not be available to the NDM on acceptable terms or on any terms at all. NDM is also subject to the specific risks inherent in the mining business as well as general economic and business conditions. For more information, investors should review the risk factors disclosed in Northern Dynasty's filings with the US Securities and Exchange Commission at www.sec.gov and its Canadian home jurisdiction filings available at www.sedar.com.

    Scientific and Technical Information
    All scientific and technical information contained on this website has been reviewed and approved by a "qualified person" within the meaning of National Instrument 43-101 of the Canadian Securities Administrators. Each has relevant experience with the Pebble Project and is not independent of Northern Dynasty. Information on geology, drilling and exploration potential has been reviewed by James Lang, PGeo., information on Mineral Resources by David Gaunt, PGeo., and information on engineering and metallurgy by Stephen Hodgson, PEng.

    Cautionary Note To Investors

    This website may use the terms "measured resources," "indicated resources" and "inferred resources", which are recognized and required by Canadian regulations (under National Instrument 43-101 Standards of Disclosure for Mineral Projects ("43-101")).  The U.S. Securities and Exchange Commission (the "SEC") has adopted amendments to its disclosure rules to modernize the mineral property disclosure requirements for issuers whose securities are registered with the SEC under the U.S. Exchange Act, effective February 25, 2019 ("the SEC Modernization Rules").  The SEC Modernization Rules adopt definitions of the terms and the categories of resources which are "substantially similar" to the corresponding terms under Canadian regulations in 43-101.  Northern Dynasty cautions investors not to assume that all or any part of the mineral deposits in these categories will ever be converted into reserves.  In addition, "inferred resources" have a great amount of uncertainty as to their existence, and economic and legal feasibility.  It cannot be assumed that all or any part of an inferred resource will ever be upgraded into a higher category.  Under Canadian rules, estimates of inferred resources may not form the basis of feasibility or pre-feasibility studies, or economic studies except for a Preliminary Economic Assessment as defined under 43-101.  Investors are cautioned not to assume that all or part of an inferred resource exists, or is economically or legally mineable.

    No Warranty
    Although Northern Dynasty believes the facts and information contained in the pages of this website to be correct and attempts to keep this information as current as possible, Northern Dynasty does not warrant or make any representations as to the accuracy, validity or completeness of any facts or information contained in these pages.

    Disclaimer
    Northern Dynasty shall not be liable or responsible for any claim or damage, direct or indirect, special or consequential, incurred by the user arising out of the interpretation, reliance upon or other use of the information contained in the pages of this website.

    Hyperlinks
    Any hyperlinks to or from this website from or to another website is provided to the user for convenience only. No endorsement of any products or services is expressed or implied by any information, material or content referred to or included on, or linked from this website.

    Trade Marks and Copyright
    Certain names, graphics, logos, icons, designs, words, titles or phrases on this website may constitute trade names or trade marks of Northern Dynasty. The display of any trade mark does not imply that a license of any kind to use the trade mark has been granted. All information found in the pages of this website is protected under the copyright laws of Canada and in other countries.

    Unless otherwise specified, no user has permission to copy, redistribute, reproduce or republish, in any form, any information found in the pages of this website. Any user who, without authorization, re-transmits, copies or modifies any trade marks may violate federal or common law trade mark and/or copywriter law, and may be subject to legal action.

    Applicable Law
    The products and services described in the pages of the Northern Dynasty website are only offered in jurisdictions where they may be legally offered for sale.

    Confidentiality
    Confidentiality and security of information provided over the Internet is not possible at this time. Northern Dynasty cannot ensure the privacy and authenticity of any information or correspondence shared over the Internet between it and a user, and will not be responsible for any damages or claims incurred by a user who communicates confidential information to Northern Dynasty through this website.

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