Update on financing process and production
Luxembourg, February 4, 2014 – Northland Resources S.A. (OSE: NAUR, Frankfurt: NPK, Nasdaq OMX/First North: NAURo – together with its subsidiaries “Northland”, “NRSA” or the “Company”) announces an updated time schedule for the financing process. The Company intends to present a financing proposal by the end of March 2014. Reference is made to the press release dated November 14, 2013, where the Company announced that the Board of Directors had decided to set a target for financial headroom. During December, the Company initiated constructive discussions with a number of important