Northland Announces Third Draw Down from its Bond Loan
Luxembourg, November 29, 2012 – Northland Resources S.A. (TSX: NAU, OSL: NAUR, Frankfurt: NPK, STO: NAURo – “Northland” or the “Company”) has received the Norsk Tillitsmann’s confirmation to execute its third draw down. Following this draw down of USD 25 million, the Company has USD 67 million remaining of its USD 350 million bond loan facility. “I am very pleased with the continued robust development of our Kaunisvaara project”, said Karl-Axel Waplan, President & CEO of Northland Resources. “The report from the independent engineer, Royal HaskoningDHV, is again a strong validation of