The law firm release, published July 8, 2020 in an attempt to solicit clients, is based entirely on a fundamentally flawed “report” issued by J Capital Research that reiterates numerous false and misleading statements published by the short seller on May 28, 2020 about the positions and expertise of two of the most professional and experienced mining teams in the world – NovaGold Resources Inc. and [...]
NovaGold Resources Inc. served J Capital Research USA LLC with a civil action lawsuit for defamation in the United States District Court for the Eastern District of New York alleging that on May 28, 2020 JCAP issued a "report" on NOVAGOLD that contained false and misleading statements as part of what the Company believes to be a "Short and Distort" attack. This legal action follows a unanimous vote by the Company’s Board [...]
Donlin Gold Drill Program Is Resumed with Four Re-Mobilized Rigs Strong Focus on COVID-19 Health and Safety Measures Maintained Donlin Gold Provides Ongoing Support to Communities in Yukon-Kuskokwim Region Four drill rigs have been re-mobilized and are now turning at the 50%-owned Donlin Gold project in Alaska. It is anticipated that most of the planned program, aimed at confirming recent geologic modeling concepts and [...]
NovaGold Resources Inc. will release its 2020 second-quarter financial results after market close on June 24, 2020. A conference call and webcast to discuss these results will take place June 25, 2020 at 8:00 am PT. The webcast and conference call-in details are provided below. Webcast. North American callers: 1-800-319-4610 International callers: 1-604-638-5340 The webcast will be archived on NOVAGOLD’s website for one [...]
NovaGold Resources Inc. today released a statement issued by Dr. Thomas S. Kaplan, Chairman of NOVAGOLD, who also represents the largest shareholder of the Company. Dr. Kaplan addresses a blatantly misleading report issued on the Company by short seller J Capital Research on May 28, 2020. In that report, the Company believes that JCAP, masquerading as a research firm, is perpetrating, what is known as a short-and-distort [...]
NovaGold Resources Inc. today released a comprehensive response addressing the multiple misleading statements and patent falsehoods made by J Capital Research in its report on the Company issued on May 28, 2020. NOVAGOLD believes that JCAP, masquerading as a research firm, is perpetrating what is known as a short-and-distort scheme. “The NOVAGOLD team has been thoroughly reviewing the error-ridden report by JCAP since it [...]
NovaGold Resources Inc. today released a statement issued by Dr. Thomas S. Kaplan, Chairman of NOVAGOLD, who also represents the largest shareholder of the Company. Dr. Kaplan addresses a blatantly misleading report issued on the Company by short seller J Capital Research on May 28, 2020. In that report, the Company believes that JCAP, masquerading as a research firm, is perpetrating, what is known as a short-and-distort [...]
NovaGold Resources Inc. today confirmed that within a week it would provide a comprehensive and formal response to the catalogue of inaccuracies and falsehoods made by short-seller J Capital Research on May 28, 2020. NOVAGOLD, its Board of Directors, and management team are committed to operating with the utmost professionalism and integrity, which will be demonstrated in the Company’s formal response in a meticulous [...]
NovaGold Resources Inc. responds to a misleading report issued on May 28, 2020 by the Beijing-based short seller J Capital Research. The Company is currently reviewing the report in detail and will provide a more fulsome response to the numerous inaccuracies and falsehoods contained in the report. “Under normal circumstances, a sloppy and truly meretricious report from a firm about which we know nothing would not be met [...]
A total of 269,575,448 or 82.02% of the Company’s issued and outstanding shares were represented at the Meeting All seven proposals to shareholders were approved, including the election of all 10 director nominees; Dr. Elaine Dorward-King joins the Board During the 2020 proxy season, NOVAGOLD placed outreach calls to shareholders holding more than 90% of the Company’s issued and outstanding common shares entitled to vote [...]
NovaGold Resources provides further details on shareholder engagement in advance of the Meeting and highlights of Chairman Dr. Thomas Kaplan’s views on the gold market and those features that make Donlin Gold unique, themes which will be presented at the upcoming Meeting on May 14, 2020. In advance of the Meeting, the Company is currently undertaking its proxy outreach campaign with the goal of contacting all [...]
Outlines Details for Conference Call & Webcast and Voting Time and location of the Annual Meeting of Shareholders on May 14, 2020 has been changed to 1:30 p.m. PT at 400 Burrard Street, Suite 1860, Vancouver, B.C. In order to mitigate the risk posed by COVID-19, NOVAGOLD encourages shareholders to vote on matters before the Meeting by proxy, join via webcast and conference call, and submit questions in advance either via [...]
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