Mergers & Acquisitions ·
NOVAGOLD files proxy materials for special meeting to vote on proposed acquisition of Paulson's 40% Donlin Gold interest
NGNovagold Resources Inc
NOVAGOLD Resources Inc. filed and mailed its management information circular and definitive proxy statement for a special shareholder meeting scheduled for November 3, 2026. Shareholders will vote on an arrangement to acquire the remaining 40% interest in Donlin Gold held by Paulson Advisers LLC, increasing NOVAGOLD's ownership from 60% to 100%. The all-share transaction would result in current shareholders owning approximately 65% of New NOVAGOLD, with Paulson holding a capped voting interest. The board unanimously recommends approval. NOVAGOLD is a precious metals company focused on developing the Donlin Gold project in Alaska.