NOVAGOLD Announces Closing of Upsized Bought Deal for Gross Proceeds of US$310 Million

2026-02-05 - 14:35

VANCOUVER, British Columbia, Feb. 05, 2026 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (NYSE American: NG, TSX: NG) ("NOVAGOLD" or the "Company") is pleased to report that it has closed its previously announced upsized bought deal private placement (the “Offering”) of 31,020,000 common shares (the “Common Shares”) of the Company, at a price of US$10.00 per Common Share for gross proceeds of approximately US$310 million, which comprised the partial exercise of the over-allotment option and included two cornerstone investors. Read More