NOVAGOLD sets Dec 1 close for Donlin Gold buy-in; new Delaware parent to list on NYSE Dec 2

NOVAGOLD RESOURCES INC

New Delaware entity NovaGold Corporation will acquire all NOVAGOLD shares and Paulson's 40% Donlin Gold stake, taking Donlin ownership from 60% to 100%.
Arrangement approved by order of the Supreme Court of British Columbia on Nov 9, 2026; effective 12:01 a.m. Vancouver time on Dec 1, 2026.
Post-close, current NOVAGOLD holders (including Paulson) own ~65% of New NOVAGOLD; Paulson holds ~39.7% economic interest, voting capped at 19.99%.
New NOVAGOLD voting common stock begins NYSE trading under ticker "NG" on Dec 2, 2026; CUSIP 66986U102, ISIN US66986U1025.
NG shares cease trading on NYSE American after market close Dec 1, 2026; TSX delisting to follow within 2-3 business days; no NYSE American or TSX listing for newco.

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