NAK · Northern Dynasty Minerals Ltd.

Northern Dynasty Minerals Ltd. announced that in its Federal District Court litigation in Alaska seeking to vacate the EPA veto, all briefs by all parties have been filed and the court has scheduled oral argument for June 25, 2026. The litigation is a key step in the company's efforts to advance the Pebble Project, a large copper-gold-molybdenum deposit in Southwest Alaska. The court's quick scheduling indicates a potentially expedited resolution. The outcome of this litigation is critical for the company, as a favorable ruling could remove a major regulatory obstacle, while an unfavorable ruling could delay or prevent development. Investors should monitor the oral argument and subsequent court decision.