Past year: ▼ 23%(5.83 – 13.32 USD)
Each one in plain English, with the numbers worked through for a shareholder.
22 July 2026business combination● Neutral
NovaGold agreed to be acquired by a new Delaware company, NovaGold Corporation, in a one-for-one share exchange under a British Columbia plan of arrangement, alongside a Paulson contribution of its Donlin Gold interest. Closing is subject to shareholder and court approvals, with an outside date of March 31, 2027.
12 Mar 2026contract award▲ Good
NOVAGOLD and Paulson awarded engineering contracts to WSP USA, Worley Alaska and Hatch to advance key infrastructure and unit operations in the ongoing Bankable Feasibility Study update for the Donlin Gold project in Alaska.
9 Feb 2026contract award▲ GoodMajor
NovaGold and Paulson selected Fluor Corporation as the engineering firm to lead the Bankable Feasibility Study for the Donlin Gold project in Alaska, as it advances toward financing and development.
5 Feb 2026capital raising announcement▲ GoodMajor
Closed a $310.2 million bought-deal offering at $10.00/share - roughly triple the $3.00-3.75 pricing of the 2025 Barrick-buyout financings - reflecting how much the stock had re-rated since NovaGold took majority control of Donlin Gold.
8 Sept 2025drilling result▲ GoodMajor
Announced assay results received to date from the 2025 Donlin Gold drill program. The press release title said it returned high-grade gold intercepts, strengthened resource conversion and supported progress on the Bankable Feasibility Study.
12 Aug 2025listing compliance notice▼ Bad
NOVAGOLD RESOURCES INC withdrew a registration statement, abandoning the offering it covered.
4 June 2025asset acquisition disposition▲ GoodMajor
Closed the acquisition of Barrick's 50% Donlin Gold stake: NovaGold paid $200 million for an extra 10%, reaching 60%, and Paulson paid $800 million for the remaining 40%. A new LLC agreement gave NovaGold and Paulson equal governance rights, and NovaGold's Barrick promissory note was amended and restated.
12 May 2025capital raising announcement▲ GoodMajor
Closed a further $64.4 million private placement with existing major shareholders Electrum and Kopernik (17.2 million shares at $3.75), additional financing for the Barrick buyout and the planned feasibility study update.
What it means for a shareholder
17.2m new shares at US$3.75 to raise about US$64.4m. That's 4.9% dilution: every existing holder's slice gets 4.9% smaller. If you held US$1,000 of shares (267 at the issue price), your slice goes from 0.0000797% to 0.0000758% of the company. To keep it you'd need 14 more shares - about US$53 at the issue price.
Create a free account to see this worked out for your own holding.
9 May 2025material agreement▲ GoodMajor
Launched a public underwritten offering (Citigroup, RBC) of common shares expected to net $169.7-195.2 million, earmarked to help fund NovaGold's $200 million share of the Barrick buyout.
22 Apr 2025capital raising announcement▲ GoodMajor
NovaGold and Paulson Advisers agreed to buy Barrick's 50% interest in Donlin Gold for $1.0 billion cash - NovaGold's stake rising from 50% to 60% (paying $200 million for the extra 10%) with Paulson taking the other 40% - a transformative deal that ends Barrick's involvement. NovaGold's largest existing shareholders (Electrum, Paulson, Kopernik, all related parties) backstopped up to $170 million of NovaGold's funding via warrants, with the rest from cash on hand; the deal was vetted by an independent special committee.
19 Jan 2023drilling result▲ GoodMajor
Donlin Gold released final 2022 drill assays, including a standout 17.20-meter intercept grading 11.11 g/t gold, completing the program ahead of schedule and under budget.
1 Nov 2022drilling result▲ GoodMajor
More high-grade 2022 assays, with drilling completed ahead of schedule (141 holes, 42,331 meters total) and results from the tightly-spaced Divide grid supporting the resource model.
28 July 2022drilling result▲ GoodMajor
Donlin Gold's 2022 drill program got off to a strong start, running ahead of schedule with encouraging high-grade assays from the first third of a planned 34,000-meter program.
28 Feb 2022drilling result▲ GoodMajor
Donlin Gold released final 2021 drill assays - a comprehensive 79-hole, 24,264-meter program with multiple high-grade intercepts - alongside news of the largest annual project budget in more than a decade.
1 Dec 2021drilling result▲ GoodMajor
Following an executive workshop between Barrick and NovaGold's CEOs and a site visit, the partners reaffirmed confidence in Donlin Gold and charted next steps toward a feasibility study update, alongside more high-grade assay results from the 2021 program.
2 Sept 2021drilling result▲ GoodMajor
Donlin Gold's 2021 drill program turned up significant new high-grade intercepts in the ACMA and "Divide" zones between the ACMA and Lewis deposits, pointing to potential feeder zones for the broader mineralizing system.
26 Mar 2021drilling result▲ GoodMajor
Donlin Gold reported assays from the remaining 30% of the 2020 drill program, consistent with earlier results showing higher-than-predicted grade-thickness. The strong outcome confirmed a follow-up drill program planned for 2021.
19 Jan 2021drilling result▲ GoodMajor
Donlin Gold (NovaGold's 50/50 Alaska gold JV with Barrick) reported more assays from its 2020 drill program - 71% of the 85 holes now reported - continuing to show higher grade-thickness than the existing geologic model predicted.
3 Oct 2018asset acquisition disposition● Neutral
A second amendment to the Galore Creek sale filing, again adding financial-statement detail with no change to deal terms.
2 Aug 2018asset acquisition disposition● Neutral
Amended the Galore Creek sale filing to add the required pro forma financial statements; deal terms unchanged.
30 July 2018asset acquisition disposition▲ GoodMajor
Sold its entire interest in the Galore Creek copper-gold project and the adjoining Copper Canyon property (British Columbia) to Newmont for up to $275 million - $100 million cash upfront plus milestone-based notes worth up to $175 million more - letting NovaGold concentrate fully on its flagship Donlin Gold project in Alaska.
