M&A/Shareholder vote/2026/NOVAGOLD Resources Inc.

NOVAGOLD Resources Inc. NG

NovaGold Corporation is buying NOVAGOLD Resources Inc. (NG), paying holders in stock, a deal worth $4.9B, expected to close Q4 2026. NovaGold Corporation is backed by Paulson Advisers LLC. NOVAGOLD is a gold development company that owns 60% of the Donlin Gold Project in Alaska through its subsidiary.

Holders get
Stock
one share of voting common stock of New NOVAGOLD for each NOVAGOLD Share
Deal value
$4.9B
Expected close
Q4 2026
Status
Pending
Checked
See the filing →

Filed

The deal

NovaGold Corporation, backed by Paulson Advisers LLC, is acquiring NOVAGOLD Resources Inc., a gold development company that owns 60% of the Donlin Gold Project in Alaska through its subsidiary. Each NOVAGOLD Share will be exchanged for one share of voting common stock of New NOVAGOLD.

The deal is expected to close in the fourth quarter of 2026. It requires approval of the Supreme Court of British Columbia, receipt of all regulatory and court approvals, approval of the Arrangement Resolution by the Shareholders, and conditional approval and authorization of the listing on the NYSE of the New NOVAGOLD Voting Shares.

What has happened

Agreement signed · See the filing
Holders sent the terms and a meeting date
Terms changed · See the filing

What must happen first

approval of the Supreme Court of British Columbia
receipt of all regulatory and court approvals
approval of the Arrangement Resolution by the Shareholders
conditional approval and authorization of the listing on the NYSE of the New NOVAGOLD Voting Shares

The board says

unanimously recommends that Shareholders vote FOR the Arrangement Resolution