MANDATORY NOTICE OF TRADE

April 13, 2011    The following insiders of Northland Resources S.A. (the "Company") have been granted incentive stock options in the Company, exercisable for five years, at an exercise price of CAD 3.84.  The exercise price was based on the average 10 day closing price of the Company's shares on the Toronto Stock Exchange, plus a 25% premium.
  

Name Options Granted Total Options Held Shares Held, Directly and Indirectly
       
Anders Antonsson, VP - Investor Relations 150,000 150,000 0
Jukka Jokela, VP - Finnish Operations 150,000 325,000 0
       

 

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Subscribe