Northern Dynasty Minerals and Cannon Point Resources are pleased to announce that today Northern Dynasty completed the previously announced plan of arrangement pursuant to which Northern Dynasty has acquired 100% of the issued and outstanding common shares of Cannon Point. Pursuant to the Arrangement, Northern Dynasty issued an aggregate of [...]
Northern Dynasty Minerals announces, further to its press release of August 10, 2015, that it has entered into a definitive arrangement agreement with Cannon Point Resources with respect to the acquisition of 100% of the outstanding securities of Cannon Point. The transaction will be implemented by way of a statutory plan of arrangement and is [...]
Cannon Point Resources is pleased to announce that it has entered into a binding letter agreement with Northern Dynasty Minerals Ltd. pursuant to which Northern Dynasty has agreed to acquire 100% of the shares of Cannon Point in consideration for the issuance of approximately 12.9 million Northern Dynasty common shares. The Acquisition is expected [...]
Cannon Point Resources Pursuant to the Company's Stock Option Plan, the Company has granted a total of 500,000 incentive stock options to directors, officers & consultants of the Company. The options are exercisable at a price of $0.11 per share for a period of 10 years, subject to regulatory approval.
Cannon Point Resources Pursuant to the Company's Stock Option Plan, the Company has granted a total of 100,000 incentive stock options to a director of the Company. The options are exercisable at a price of $0.15 per share for a period of 10 years, subject to regulatory approval.