December 15, 2010   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 3.03.  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
Matti Kinnunen, Director	100 000	100 000	0
Bert-Ove Johansson, Vice President, Swedish Operations	300 000	300 000	0

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)