Dec 11 (Reuters) - Northern Dynasty Minerals Ltd NDM.TO :
* NORTHERN DYNASTY ANNOUNCES SPECIAL WARRANT PRIVATE PLACEMENT - PAYMENT OF EPA LITIGATION COSTS
* SPECIAL WARRANTS WILL CONVERT UPON EXERCISE INTO COMMON SHARES (THE "COMMON SHARES") ON A ONE-FOR-ONE BASIS
* NORTHERN DYNASTY- INTENDS TO PRIVATELY PLACE WITH CERTAIN ACCREDITED INVESTORS UP TO ABOUT 11.3 MILLION SPECIAL WARRANTS AT C$0.83 PER SPECIAL WARRANT