NORTHERN DYNASTY MINERALS LT

Ticker: NAK CUSIP: 66510M204 Class: Equities

DONALD SMITH & CO., INC.'s Holding History (CIK: 0000814375)

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

Q2 2016

Shares 4,407,531 Value ($000) $1,374 Avg Close $0.35 Range $0.28 - $0.48

Q1 2016

Shares 5,018,531 Value ($000) $1,612 Avg Close $0.31 Range $0.20 - $0.39

Q4 2015

Shares 5,018,531 Value ($000) $1,536 Avg Close $0.34 Range $0.28 - $0.44

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	4,407,531	$1,374	$0.35	$0.28 - $0.48
Q1 2016	5,018,531	$1,612	$0.31	$0.20 - $0.39
Q4 2015	5,018,531	$1,536	$0.34	$0.28 - $0.44