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Northern Dynasty Minerals Ltd
Symbol NDM
Shares Issued 537,724,281
Close 2024-08-16 C$ 0.475
Market Cap C$ 255,419,033
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N. Dynasty sees court add USACE to EPA complaint

2024-08-19 09:30 ET - News Release

Mr. Ronald Thiessen reports

NORTHERN DYNASTY: ALASKA COURT GRANTS MOTION TO ADD USACE TO EXISTING EPA COMPLAINT

The United States District Court for the District of Alaska has granted the motion to modify Northern Dynasty Minerals Ltd. and Pebble LP's existing complaint against the Environmental Protection Agency (EPA) by adding the U.S. Army Corps of Engineers (USACE) as another defendant.

On June 10, 2024, Northern Dynasty and Pebble filed a motion for leave to file an amended complaint with the court to reverse the USACE decision to deny the project a permit.

"In this decision, the court accepted our argument that the veto, to a large extent, was based on the USACE permit denial and, therefore, the cases are related and should be heard together," said Ronald Thiessen, president and chief executive officer of Northern Dynasty.

Mr. Thiessen continued: "The intent of this litigation is to put the permitting process for Pebble back on track, after it was derailed by wrongful actions taken by both EPA and the USACE, for political purposes. The court's decision allows us to expose the flawed and interrelated actions by both agencies in one complaint. Combining these cases is more efficient in terms of time and expense than trying them separately, and we are pleased the court has agreed with our position. In addition, we believe that critical evidence and testimony in the administrative appeal process will demonstrate the erroneous and political nature of the permit denial and subsequent EPA veto."

About Northern Dynasty Minerals Ltd.

Northern Dynasty is a mineral exploration and development company based in Vancouver, Canada. Northern Dynasty's principal asset, owned through its wholly owned, Alaska-based subsidiary, Pebble, is a 100-per-cent interest in a contiguous block of 1,840 mineral claims in southwestern Alaska, including the Pebble deposit, located 200 miles from Anchorage and 125 miles from Bristol Bay. The Pebble partnership is the proponent of the Pebble project.

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