NORTHERN DYNASTY MINERALS LT

Ticker: NAK CUSIP: 66510M204 Class: Equities

U S GLOBAL INVESTORS INC's Holding History (CIK: 0000754811)

Note: Option positions (PUT/CALL) are excluded.

Q4 2016

Shares 164,003 Value ($000) $336 Avg Close $1.16 Range $0.54 - $2.50

Q3 2016

Shares 164,003 Value ($000) $136 Avg Close $0.68 Range $0.30 - $1.16

Q2 2016

Shares 164,003 Value ($000) $88 Avg Close $0.35 Range $0.28 - $0.48

Q1 2016

Shares 164,003 Value ($000) $53 Avg Close $0.31 Range $0.20 - $0.39

Q4 2015

Shares 164,003 Value ($000) $48 Avg Close $0.34 Range $0.28 - $0.44

Q2 2014

Shares 450,000 Value ($000) $377 Avg Close $0.79 Range $0.61 - $1.01

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	164,003	$336	$1.16	$0.54 - $2.50
Q3 2016	164,003	$136	$0.68	$0.30 - $1.16
Q2 2016	164,003	$88	$0.35	$0.28 - $0.48
Q1 2016	164,003	$53	$0.31	$0.20 - $0.39
Q4 2015	164,003	$48	$0.34	$0.28 - $0.44
Q2 2014	450,000	$377	$0.79	$0.61 - $1.01