RE: NAU's code of ethics Now here is what I call managment confidence in the company and the project. You step Peter buy up those shares you risk taker you. A whole 1,000 shares you go boy!!!! This is a joke.
February 17, 2012 Northland Resources S.A. (Northland) reports that Peter
Pernlöf, Vice President - Procurement and Energy, has purchased 1,000 shares of
the Company at an average price of NOK 7.03 per share. After this transaction,
Mr. Pernlöf holds 1,000 shares and 300,000 incentive stock options in Northland.
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.