MANDATORY NOTICE OF TRADE
13.04.2011 | Globenewswire Europe
April 13, 2011 The following insiders of Northland Resources S.A. (the"Company") have been granted incentive stock options in the Company, exercisable
for five years, at an exercise price of CAD 3.84. 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.
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| | | |Shares Held, Directly|
|Name |Options Granted|Total Options Held|and Indirectly |
--------------------- --------------- ------------------ ---------------------
| | | | |
--------------------- --------------- ------------------ ---------------------
|Anders Antonsson, VP |150,000 |150,000 |0 |
|- Investor Relations | | | |
--------------------- --------------- ------------------ ---------------------
|Jukka Jokela, VP - |150,000 |325,000 |0 |
|Finnish Operations | | | |
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| | | | |
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This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
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Source: Northland Resources S.A. via Thomson Reuters ONE
[HUG#1505946]
Unternehmen: Northland Resources S.A. - ISIN: LU0488722801