Successfully completed the transformative $1 billion acquisition1 of Barrick Mining Corp.'s 50 percent interest in Donlin Gold on June 3, 2025, where NOVAGOLD increased its stake in Donlin Gold LLC to 60 percent, acquiring an additional 10 percent interest for $200 million, while funds managed by Paulson Advisers LLC secured a 40 percent interest for $800 million. Announced the full exercise of the underwriters' option in [...]
NovaGold Resources Inc. will release its 2025 third quarter report before market open on October 1, 2025, followed by a conference call and video webcast to discuss the results at 8:00 am PT . During the webcast, NOVAGOLD's Chairman, Dr. Thomas S. Kaplan, and President and Chief Executive Officer, Greg Lang, will provide a comprehensive update on the Company's 2025 third quarter activities, including the Donlin Gold drill [...]
Exceptional Drill Results: Drill results confirm consistent mineralization across multiple zones, including standout intervals up to 23.49 g/t gold, reinforcing Donlin Gold's position as one of the most significant gold development projects globally. Strategic Resource Conversion: Following the landmark $1 billion transaction with Paulson Advisers LLC , the 2025 drill program pivoted to focus on conversion of resources [...]
Meetings with Alaska Native Corporations, government officials and key stakeholders underscore positive momentum for the new Donlin Gold partnership and its updated project development plan. Donlin Gold contract awarded to prepare the Request for Proposals to commence the updated Bankable Feasibility Study and expects to select top-tier qualified engineering firm by the fourth quarter of 2025. Constructive discussions [...]
NovaGold Resources Inc. is pleased to announce that the Company's Board of Directors has approved the appointment of Ali Erfan to serve on the Board effective immediately. Mr. Erfan's ascension will fill the vacancy left by the departure of director Diane Garrett. "I am very pleased to welcome Ali Erfan to NOVAGOLD's Board", said Dr. Thomas S. Kaplan, NOVAGOLD's Chairman. "Mr. Erfan brings a wealth of knowledge and [...]
Announced a pivotal transaction with Paulson Advisers - NOVAGOLD acquired an additional 10% economic interest increasing its stake to 60% in Donlin Gold LLC to advance the project to the next phase of an updated Feasibility Study. Strengthened the Company's treasury by completing a public equity offering and a private placement of 65 million shares, resulting in approximately $234 million in net proceeds. Advanced the [...]
Providing a thorough overview of NOVAGOLD's environmental, social and governance performance, highlighting strong health and safety record, ongoing commitment to environmental responsibility, ongoing community investments, extensive stakeholder interactions, and sound corporate governance. Emphasizing NOVAGOLD's investments in Donlin Gold LLC and its stakeholders, focusing on community engagement and responsiveness to [...]
NovaGold Resources Inc. will release its 2025 second quarter report before market open on June 25, 2025, followed by a conference call and video webcast to discuss the results at 8:00 am PT . During the webcast, NOVAGOLD's Chairman, Dr. Thomas S. Kaplan, and President and Chief Executive Officer, Greg Lang, will deliver an update on the Company's recent transaction, outlining the strategic implications and impact on [...]
NovaGold Resources Inc. announces the full exercise and closing of the underwriters' option to purchase an additional 7,177,500 of our common shares at the public offering price of $3.75 per common share, less underwriting discounts and offering expenses. The exercise of the underwriters' option closed today. After giving effect to the full exercise of the underwriters' option, the total number of common shares sold by [...]
Paulson Advisers acquires a 40% ownership interest in Donlin Gold NOVAGOLD increases ownership interest in Donlin Gold from 50% to 60% Financial public offering and concurrent private placement raised sufficient funding for NOVAGOLD's acquisition and for the Donlin Gold Feasibility Study update All amounts are in U.S. dollars unless otherwise stated VANCOUVER, British Columbia, June 03, 2025 -- NovaGold Resources Inc. and [...]
A total of 275,809,182 or 82.41% of the Company's issued and outstanding shares were represented at the Meeting All three proposals to shareholders were approved, including the election of all director nominees During the 2025 proxy season, NOVAGOLD placed outreach calls to shareholders holding approximately 89.92% of the Company's issued and outstanding common shares entitled to vote VANCOUVER, British Columbia, May 20 [...]
NovaGold Resources Inc. closed its previously announced upsized public offering of 47,850,000 common shares of NOVAGOLD at a price to the public of $3.75 per share. All of the shares are being offered by NOVAGOLD. Gross proceeds from the upsized offering totaled approximately $179.4 million. NOVAGOLD has granted the underwriters a 30-day option to purchase up to 7,177,500 additional common shares at the public offering [...]
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