Aug 10 (Reuters) - Northern Dynasty Minerals Ltd NDM.TO :
* To raise up to $20 million in financing transactions
* To issue $10-$15 million of special warrants exercisable into co's listed common shares at a price of $0.399 per special warrant
* To buy 100% of Cannon Point Resources whose primary asset is $4.7 million cash
* Expects to acquire 100% of Cannon Point for approximately 12.9 million Northern Dynasty common shares
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