NORTHGATE ISSUES 37,908,233 COMMON SHARES UPON EXERCISE OF COMMON SHARE PURCHASE WARRANTS

Northgate Minerals Corporation (”Northgate”) today announced that prior to their expiry at 5:00 pm (EST) on December 28, 2006, 37,908,233 of Northgate’s publicly traded common share purchase warrants were exercised and an identical number of Northgate common shares were issued. The warrants exercised represented 99.3% of the warrants that were outstanding prior to expiry and [...]

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