0001493152-18-007877 Sample Contracts

Northern Dynasty and First Quantum Minerals Terminate Framework Agreement
Framework Agreement • May 29th, 2018 • Northern Dynasty Minerals LTD • Gold and silver ores

May 25, 2018 Vancouver – Northern Dynasty Minerals Ltd. (TSX: NDM; NYSE American: NAK) (“Northern Dynasty” or the “Company”) advises that Northern Dynasty and First Quantum Minerals Ltd. (“First Quantum”) (TSX: FM) have been unable to reach agreement on the option and partnership transaction contemplated in the December 15, 2017 framework agreement (the “Framework Agreement”) between the parties. As such, the Framework Agreement has been terminated in accordance with its terms.

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