Alaska Miner Magazine, Fall 2020

Pebble Partnership CEO Collier resigns

submitted his resignation in light of comments made about elected and regulatory officials in Alaska in pri - vate conversations covertly video- taped by an environmental activist group. Collier’s resignation has been ac- cepted by Northern Dynasty’s senior management and Board of Direc- tors. The Company has named for- mer Pebble Partnership CEO John Shively, a well-known and respected Alaska business and political leader who most recently served as Chair- man of the Pebble Partnership’s gen- eral partner, Pebble Mines Corp., as interim CEO pending a leadership search.

Collier’s comments embellished both his and the Pebble Partnership’s relationships with elected officials and federal representatives in Alaska, including Governor Dunleavy, Sena- tors Murkowski and Sullivan and se- nior representatives of the US Army Corps of Engineers (“USACE”). The comments were clearly of- fensive to these and other political, business and community leaders in the state and for this, Northern Dy- nasty unreservedly apologizes to all Alaskans. Conversations with Collier, as well as others with Northern Dy- nasty President & CEO Ron Thies- sen, were secretly videotaped by two

John Shively returns to take over role EDITOR’S NOTE: See comments provided by Shively about his deci- sion to assume the role as CEO of the Pebble Project on Page 56-57 of this issue. Northern Dynasty Minerals Ltd. (TSX: NDM; NYSE American: NAK) (“Northern Dynasty” or the “Com- pany”) announced that Tom Collier, CEO of its 100%-owned U.S.-based subsidiary Pebble Limited Partner- ship (the “Pebble Partnership”),

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The Alaska Miner

October 2020

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