Northland to Secure Short-term Funding
Luxemburg, March 8, 2013 – Northland Resources S.A. (TSX: NAU, OSE: NAUR, Frankfurt: NPK, First North/Nasdaq: NAURo – together with its subsidiaries, “Northland” or “the Company”) announces an update on the plans for short term and long term financing. The Company continues to make good progress in its long term financing discussions and has received detailed term sheets from several potential investor groups. As previously announced the Company has, as a first step, re-phased its capital investment program to a level to better meet its current cash-flow. The assessment of the Board