Northern Dynasty Reminds Shareholders of Upcoming Annual Meeting & Announces Amendment to Proposed Deferred Share Unit Plan
Northern Dynasty Minerals (NYSE: NAK) has announced its upcoming Annual General Meeting scheduled for June 19, 2025, at 10:00 a.m. (Pacific Time) in Vancouver. Shareholders will vote on key items including board elections, auditor appointment, and approval of various company plans. The company has proposed an amendment to its Deferred Share Unit (DSU) Plan to align with ISS guidelines, which includes restrictions on non-employee director compensation: $100,000 limit for DSUs in any twelve-month period and $150,000 combined limit with other share compensation arrangements. These limits cannot be amended without shareholder approval. The DSU Plan adoption requires both shareholder approval and Toronto Stock Exchange acceptance.
Northern Dynasty Minerals (NYSE: NAK) ha annunciato la sua prossima Assemblea Generale Annuale, prevista per il 19 giugno 2025 alle 10:00 (ora del Pacifico) a Vancouver. Gli azionisti voteranno su punti chiave come l'elezione del consiglio di amministrazione, la nomina del revisore e l'approvazione di vari piani aziendali. La società ha proposto una modifica al suo Piano di Unità Azionarie Differite (DSU) per allinearsi alle linee guida ISS, includendo limiti alla remunerazione dei direttori non dipendenti: un tetto di 100.000 dollari per DSU in un periodo di dodici mesi e un limite combinato di 150.000 dollari con altre forme di compenso azionario. Questi limiti non possono essere modificati senza l'approvazione degli azionisti. L'adozione del Piano DSU richiede sia l'approvazione degli azionisti sia l'accettazione dalla Borsa di Toronto.
Northern Dynasty Minerals (NYSE: NAK) ha anunciado su próxima Junta General Anual, programada para el 19 de junio de 2025 a las 10:00 a.m. (hora del Pacífico) en Vancouver. Los accionistas votarán sobre temas clave, incluyendo la elección de la junta directiva, el nombramiento del auditor y la aprobación de varios planes de la empresa. La compañía ha propuesto una enmienda a su Plan de Unidades de Acciones Diferidas (DSU) para alinearse con las directrices de ISS, que incluye restricciones en la compensación de directores no empleados: un límite de 100,000 dólares para DSUs en cualquier período de doce meses y un límite combinado de 150,000 dólares con otros arreglos de compensación accionaria. Estos límites no pueden ser modificados sin la aprobación de los accionistas. La adopción del Plan DSU requiere la aprobación de los accionistas y la aceptación de la Bolsa de Valores de Toronto.
Northern Dynasty Minerals (NYSE: NAK)는 2025년 6월 19일 오전 10시(태평양 시간) 밴쿠버에서 예정된 연례 주주총회를 발표했습니다. 주주들은 이사회 선출, 감사인 임명, 다양한 회사 계획 승인 등 주요 안건에 대해 투표할 예정입니다. 회사는 ISS 지침에 맞추기 위해 지연 주식 단위(DSU) 계획의 개정을 제안했으며, 비임원 이사 보상에 대한 제한을 포함합니다: 12개월 기간 내 DSU에 대해 100,000달러 한도, 기타 주식 보상과 합산하여 150,000달러 한도. 이 한도는 주주 승인 없이는 변경할 수 없습니다. DSU 계획 채택은 주주 승인과 토론토 증권거래소의 승인을 필요로 합니다.
Northern Dynasty Minerals (NYSE: NAK) a annoncé sa prochaine Assemblée Générale Annuelle, prévue le 19 juin 2025 à 10h00 (heure du Pacifique) à Vancouver. Les actionnaires voteront sur des points clés, notamment l'élection du conseil d'administration, la nomination de l'auditeur et l'approbation de divers plans de l'entreprise. La société a proposé une modification de son Plan d'Unités d'Actions Différées (DSU) afin de se conformer aux directives de l'ISS, incluant des restrictions sur la rémunération des administrateurs non salariés : une limite de 100 000 dollars pour les DSU sur une période de douze mois et une limite combinée de 150 000 dollars avec d'autres dispositifs de rémunération en actions. Ces limites ne peuvent être modifiées sans l'approbation des actionnaires. L'adoption du Plan DSU nécessite à la fois l'approbation des actionnaires et l'acceptation de la Bourse de Toronto.
Northern Dynasty Minerals (NYSE: NAK) hat seine bevorstehende Hauptversammlung angekündigt, die für den 19. Juni 2025 um 10:00 Uhr (Pazifikzeit) in Vancouver geplant ist. Die Aktionäre werden über wichtige Punkte abstimmen, darunter die Wahl des Vorstands, die Bestellung des Abschlussprüfers und die Genehmigung verschiedener Unternehmenspläne. Das Unternehmen hat eine Änderung seines Deferred Share Unit (DSU)-Plans vorgeschlagen, um die ISS-Richtlinien einzuhalten. Diese beinhaltet Beschränkungen der Vergütung nicht-geschäftsführender Direktoren: ein Limit von 100.000 US-Dollar für DSUs innerhalb eines zwölfmonatigen Zeitraums sowie ein kombiniertes Limit von 150.000 US-Dollar zusammen mit anderen aktienbasierten Vergütungsvereinbarungen. Diese Limits können ohne Zustimmung der Aktionäre nicht geändert werden. Die Annahme des DSU-Plans erfordert sowohl die Zustimmung der Aktionäre als auch die Akzeptanz der Toronto Stock Exchange.
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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 items
At 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; and
re-approve the Company's Shareholder Rights Plan.
Meeting Details
Northern 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 & Voting
If 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: assistance@laurelhill.com
Proposed Deferred Share Unit Plan Amendment
In 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)
A copy of the proposed DSU plan can be found under Northern Dynasty's profile on SEDAR+ (www.sedarplus.ca). Additionally, a redline version of the proposed DSU plan is available on the Company's Meeting website at https://northerndynastyminerals.com/investors/agm/.
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 U.S. subsidiary, Pebble Limited Partnership, is a
For further details on Northern Dynasty and the Pebble Project, please visit the Company's website at www.northerndynastyminerals.com or contact Investor services at (604) 684-6365 or within North America at 1- 800-667-2114. Review public filings, which include forward-looking information cautionary language and risk factor disclosure regarding the Company and the Pebble Project in Canada at www.sedarplus.ca and in the United States at www.sec.gov.
Ronald W. Thiessen
President & CEO
U.S. Media Contact:
Dan Gagnier, Gagnier Communications (646) 569-5897
Forward-Looking Information and other Cautionary Factors
This release includes certain statements that may be deemed "forward-looking statements" under the United States Private Securities Litigation Reform Act of 1995 and under applicable provisions of Canadian provincial securities laws. All statements in this release, other than statements of historical facts are forward-looking statements.
For more information on the Company, Investors should review the Company's filings with the United States Securities and Exchange Commission at www.sec.gov and its home jurisdiction filings that are available at www.sedarplus.ca.
SOURCE: Northern Dynasty Minerals Ltd.
View the original press release on ACCESS Newswire
FAQ
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