Northern Dynasty Announces Plaintiffs Appeal of US Class Action Lawsuit Dismissal
VANCOUVER, March 22, 2019 /CNW/ - Northern Dynasty Minerals Ltd. (TSX: NDM; NYSE American: NAK) ("Northern Dynasty" or the "Company") announces that plaintiffs have filed a notice of appeal regarding the order issued by the United States District Court for the Central District of California dismissing their purported securities class action noted in the Company's news release dated February 22, 2019. An appeal is expected to be filed with the Ninth Circuit Court of Appeals in the next 40 days. The Company intends to continue defending itself vigorously in this action.
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 US subsidiary Pebble Limited Partnership, is a 100% interest in a contiguous block of 2,402 mineral claims in southwest Alaska, including the Pebble deposit. PLP 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
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 future events that the Company expects are forward-looking statements. 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 guarantees of the ultimate size, quality or commercial feasibility of the Pebble Project or of the Company's future performance or the outcome of litigation.
View original content:http://www.prnewswire.com/news-releases/northern-dynasty-announces-plaintiffs-appeal-of-us-class-action-lawsuit-dismissal-300816866.html
Contact
US Media Contact: Dan Gagnier, Gagnier Communications, (646) 569-5897