Novagold Resources INC

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NG·July 22, 2026·activist

NovaGold to Combine with Paulson-Backed Entity in Arrangement That Consolidates Donlin Gold Ownership

NovaGold Resources entered into an arrangement agreement with a new Delaware corporation and Paulson Advisers that will consolidate ownership of the Donlin Gold project under a single publicly traded entity, with Paulson contributing its 40 percent indirect interest in the project in exchange for shares capped at 19.99 percent voting power.

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