Mergers & Acquisitions ·
NOVAGOLD shareholders approve transaction consolidating 100% ownership of Donlin Gold project
NGNovagold Resources Inc
Shareholders approved the Arrangement under which New NOVAGOLD will acquire all outstanding shares of NOVAGOLD and Paulson Advisers LLC’s 40% interest in Donlin Gold, increasing NOVAGOLD’s ownership to 100%. The transaction is an all-share exchange where each NOVAGOLD share converts to one voting share of New NOVAGOLD. Completion remains subject to regulatory, court, and stock exchange approvals, with closing expected in the fourth quarter of 2026. Other proposals regarding equity plans and advisory compensation were also approved. NOVAGOLD Resources Inc. is a precious metals company focused on developing the Donlin Gold project in Alaska.