Northland Private Placement and Prospectus Shares Statutory Trading Restrictions Expire
Vancouver, February 20, 2007: Buck Morrow, the President of Northland Resources Inc., is pleased to announce that the trading restriction previously imposed by the TSX Venture Exchange with respect to trades in Canada of the Oslo private placement and prospectus shares issued in October 2006, expires on February 20, 2007 and the shares become "free of the restriction" on the Oslo Børs on February 21, 2007.
The TSXV restricted shares of Northland currently trade on the Oslo Børs under the ticker symbol NAUR.R and the ISN Code is CA6665272051. As of Wednesday, February 21, 2007, the shares will be combined with the shares issued in the Company's May 2006 private placement, so that all Northland shares listed on the Oslo Børs will trade under the ticker symbol NAUR and ISN Code CA6665271061.
Background
Northland Resources Inc. is a well-structured, debt free junior exploration company with a portfolio of high quality iron, gold, and base metal exploration projects in Sweden and Finland.
ON BEHALF OF THE BOARD
"Buck Morrow"
NORTHLAND RESOURCES INC.
The TSX Venture Exchange has not reviewed and does not take responsibility for the accuracy of this release.
CONTACT INFORMATION
Northland Resources Inc.
Buck Morrow, President
Ralph Rushton / Karen Davies, Investor Relations
Toll Free: 1-866-719-8962