Mr. Ronald Thiessen reports

NORTHERN DYNASTY ANNOUNCES FILING OF PRELIMINARY BASE SHELF PROSPECTUS

Northern Dynasty Minerals Ltd. has filed a preliminary short-form base shelf prospectus with the securities commissions in the provinces of British Columbia, Alberta and Ontario, and plans to file a corresponding shelf registration statement on Form F-3 with the U.S. Securities and Exchange Commission (SEC).

Once the shelf prospectus is cleared and the shelf registration statement becomes effective, these filings will, subject to securities regulatory requirements, allow the company to make offerings of common shares, warrants, subscription receipts, units or any combination of such securities during the 25-month period that the shelf prospectus is effective. The securities may be offered separately or together, in amounts, at prices and on terms to be determined based on market conditions at the time of sale and set forth in an accompanying shelf prospectus supplement, and, subject to applicable regulations, may include at-the-market transactions, private placements, public offerings or strategic investments.

Unless otherwise specified in a prospectus supplement, the net proceeds from the sale of the securities will be used for working capital and general corporate purposes. Each prospectus supplement will contain specific information concerning the use of proceeds from that sale of securities. The specific terms of any future offering will be established in a prospectus supplement to the shelf prospectus, which supplement will be filed with the applicable Canadian securities regulatory authorities and the SEC.

A copy of the preliminary short-form base shelf prospectus can be found on SEDAR.

We seek Safe Harbor.