No, that's old news. It goes back to the end of December, so it should not have had such an effect on the SP as was seen today (at least in my opinion).
https://finance.yahoo.com/news/northern-dynasty-complete-c-15-120000222.html
Besides, and from reading IHub, ain't dilution supposed to be a bad thing?
Something more going on here, and maybe it could have something to do with a potential Congressional override (in the national interest) of EPA overreach. "O" will veto, of course (if it comes to this), but Congress can override a veto. I don't have any links, just something I sense may be developing.
...or something else is going on. Another partnership brewing?