---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-113779"
form_type: "8-K"
ticker: "NG"
cik: "0001173420"
company_name: "NOVAGOLD RESOURCES INC"
filed_at: "2026-10-05T21:21:04+00:00"
generated_at: "2026-10-12T16:39:45.952664+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# NOVAGOLD mails proxy for Nov 3 vote on all-share deal to acquire Paulson's 40% Donlin Gold stake

## Summary
- Record-date Sept 23, 2026 holders vote Nov 3, 2026 on the Arrangement, taking NOVAGOLD's Donlin Gold ownership from 60% to 100%; proxy deadline Oct 30, 2026, 10:00 a.m. Vancouver Time.
- New NOVAGOLD (new Delaware parent) expected market cap ~$4.9B, based on NOVAGOLD's $7.25 close on Sept 15, 2026; current holders including Paulson to own ~65%.
- Deal adds ~16Moz Measured & Indicated Resources incl. ~13Moz Proven & Probable Reserves; projected 1.3Moz gold/year in first 10 full years and 1.1Moz/year over 27-year mine life.
- Citi opinion calls consideration fair to holders other than Paulson; Board unanimously recommends FOR; locked-up holders (directors, officers, Paulson, Electrum) own ~28% and vote in favor.
- Requires 2/3 of votes cast plus BC Supreme Court approval; dissent rights exceeding 10% let NOVAGOLD terminate; Paulson economic interest ~39.7% but voting capped at 19.99%.

## SEC filing metadata
- accession: 0001104659-26-113779
- form_type: 8-K
- ticker: NG
- cik: 0001173420
- company_name: NOVAGOLD RESOURCES INC
- filed_at: 2026-10-05T21:21:04+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1173420/000110465926113779/0001104659-26-113779-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173420/000110465926113779/tm2625949d4_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-113779
- JSON: https://secwatch.observer/filing/0001104659-26-113779.json
- Plain text: https://secwatch.observer/filing/0001104659-26-113779.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.