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Northern Dynasty Reminds Shareholders of Upcoming Annual Meeting & Announces Amendment to Proposed Deferred Share Unit Plan
VANCOUVER, BC / ACCESS Newswire / May 27, 2025 / Northern Dynasty Minerals Ltd. (TSX:NDM)(NYSE...
About this update from Northern Dynasty Minerals Ltd.
[{"type":"text","content":"Northern Dynasty Reminds Shareholders of Upcoming Annual Meeting & Announces Amendment to Proposed Deferred Share Unit Plan VANCOUVER, BC / ACCESS Newswire / May 27, 2025 / Northern Dynasty Minerals Ltd. (TSX:NDM)(NYSE American:NAK) (\"Northern Dynasty\" or the \"Company\") reminds shareholders of the upcoming deadline to vote at the Company's Annual General Meeting (the \"Meeting\"), which is scheduled to be held on June 19, 2025.The Board of Directors of Northern Dynasty recommends that Shareholders vote FOR ALL proposed itemsAt the Meeting, shareholders will be asked to vote on the following agenda items for the ensuing year:elect the board of directors;appoint the auditor;approve the Company's amended Share Option Plan;re-approve the amended Company's Deferred Share Unit Plan; andre-approve the Company's Shareholder Rights Plan.Meeting DetailsNorthern Dynasty will hold the Meeting on June 19, 2025, at 10:00 a.m. (Pacific Time) at the offices of the Company at 14th Floor 1040 West Georgia Street, Vancouver.Please visit the Company's website complete details and links to all relevant documents ahead of the Meeting at the link below:https://northerndynastyminerals.com/investors/agm/.Questions & VotingIf you have questions about the meeting matters or require voting assistance, please contact Northern Dynasty‘s proxy solicitation agent, Laurel Hill Advisory Group at:North American Toll Free: 1-877-452-7184 (1-416-304-0211 outside North America)Email: [email protected] Deferred Share Unit Plan AmendmentIn order to bring the Company's Amended Deferred Share Unit (\"DSU\") Plan (\"DSU Plan\") within the guidelines established by Institutional Shareholder Services Inc. (ISS), it will propose a further amendment to the DSU Plan to be presented to its shareholders at its June 19, 2025 annual shareholders meeting.The amendment to the DSU Plan from that disclosed in the Company's Information Circular involves a restriction in Section 7.1 on amending Sections 6.2 and 6.4(c) of the DSU Plan without first obtaining shareholder approval. Sections 6.2 and 6.4(c) of the DSU Plan limit the value of shares issuable under the DSU Plan to each non-employee director as follows: (a) $100,000 in any twelve-month period in the form of DSUs granted under the DSU Plan; and (b) $150,000 in any twelve-month period when combined...