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Northern Dynasty Makes Annual Filings

Financials

NORTHERN DYNASTY MAKES ANNUAL FILINGS

April 4, 2025 Vancouver – Northern Dynasty Minerals Ltd. (TSX: NDM; NYSE American: NAK) ("Northern

Dynasty" or the "Company") announces that it has filed its audited Financial Statements, Management

Discussion and Analysis, Annual Information Form and Annual Report on Form 40F for the year ending

December 31, 2024. The Company also advises that, consistent with previous years, its audited consolidated

financial statements for the fiscal year ended December 31, 2024 included in the Company’s Annual Report

on Form 40F, contained an audit report from its independent registered public accounting firm with a going

concern emphasis of matter. Release of this information is required by Section 610(b) of the NYSE American

Company Guide. It does not represent any change or amendment to any of the Company’s filings for the

fiscal year ended December 31, 2024.

For further details on Northern Dynasty and the Pebble Project, please visit the Company's website at

www.northerndynastyminerals.com or contact Investor services at (604) 684-6365 or within North America

at 1 -800-667-2114. Review Canadian public filings a t www.sedarplus.com and US public filings at

www.sec.gov.

Mark Peters

Chief Financial Officer