10% holder net buying at Northern Dynasty Minerals (NDM)

10% holder net buying at Northern Dynasty Minerals (T:NDM)

Updated Tuesday Mar 19, 2019 02:38 AM EDT
Gordon Flatt, a 10% Holder, acquired 959,250 Common Shares on an indirect ownership basis for registered holder OstVast Capital Management Limited at a price of $0.640USD through a private transaction on March 18th, 2019. The insider also acquired 959,250 Common Shares on an indirect ownership basis for registered holder Stirling Global Value Fund Inc. at a price of $0.640USD through a prospectus or prospectus exempt offering on March 18th, 2019. The insider also disposed of 959,250 Common Shares on an indirect ownership basis for registered holder Stirling Global Value Fund Inc. at a price of $0.640USD through a private transaction on March 18th, 2019. This represents a $819,276 net investment into the company's shares and an account share holdings change of 2.9%.

Northern Dynasty Minerals is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Northern Dynasty Minerals Ltd. is a mineral exploration company. The Company, through its subsidiaries, holds interest in mining claims on State of Alaska land in southwest Alaska, the United States, which are part of the Pebble Copper-Gold-Molybdenum Project (the Pebble Project). The Pebble Project is located in southwest Alaska, approximately 20 miles from the villages of Iliamna and Newhalen, and over 200 miles (approximately 320 kilometers) southwest of the city of Anchorage. The property consists of approximately 2,400 mineral claims and is situated over 1,000 feet above sea-level and approximately 60 miles from tidewater on Cook Inlet. The Company is in the process of exploring and developing the Pebble Project.


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