Northland Resources: Mandatory Notification of Trade

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Nicholas Glass has acquired 50,000 shares of Northland Resources Inc. at $0.66 per share pursuant to the exercise of a stock option, and has disposed of 10,000 of those shares at $3.95 per share.  After this transaction, Nicholas Glass and his close associate, Juliet Investments Ltd. together hold a total of 162,000 shares and 125,000 options in Northland.