MANDATORY NOTICE OF TRADE
23.12.2010 | Globenewswire Europe
December 23, 2010 The following insider of Northland Resources S.A. (the"Company") has been granted incentive stock options in the Company, exercisable
for five years, at an exercise price of CAD 3.27. The exercise price was based
on the average 10 day closing price of the Company's shares on the Toronto Stock
Exchange, plus a 25% premium.
---------------------- --------------- ------------------ --------------------
| | | |Shares Held, |
| | | |Directly and |
|Name |Options Granted|Total Options Held|Indirectly |
---------------------- --------------- ------------------ --------------------
| | | | |
---------------------- --------------- ------------------ --------------------
|Peter Pernlöf, Vice |300 000 |300 000 |0 |
|President - | | | |
|Procurement and Energy| | | |
| | | | |
---------------------- --------------- ------------------ --------------------
| | | | |
---------------------- --------------- ------------------ --------------------
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Northland Resources S.A. via Thomson Reuters ONE
[HUG#1475281]
Unternehmen: Northland Resources S.A. - ISIN: LU0488722801