MANDATORY NOTIFICATION OF TRADE
(Thomson Reuters ONE) -
April 4, 2011 Northland Resources S.A. (Northland) reports that Göran Arlefalk,
Project Manager - Kaunisvaara Project, has been granted 300,000 incentive stock
options, at an exercise price of CAD 3.76, and a term of 5 years. The exercise
price is based on the average 10 day closing price of Northland's shares on the
Toronto Stock Exchange, plus a 25% premium. After this transaction, Mr.
Arlefalk holds 300,000 incentive stock options and 12,950 shares in Northland.
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Northland Resources S.A. via Thomson Reuters ONE
[HUG#1503069]
Unternehmensinformation / Kurzprofil:
Datum: 04.04.2011 - 11:36 Uhr
Sprache: Deutsch
News-ID 53117
Anzahl Zeichen: 1233
contact information:
Town:
Vancouver, BC V6C 2G
Kategorie:
Business News
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"MANDATORY NOTIFICATION OF TRADE"
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