secwatch / observer
8-K filed February 5, 2026, 6:59 PM ET ticker NG CIK 0001173420
other material confidence high sentiment neutral materiality 0.75

NOVAGOLD closes upsized bought deal private placement for US$310M gross proceeds

NOVAGOLD RESOURCES INC

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

NOVAGOLD RESOURCES INC issued 31,020,000 Common Shares of common stock to Underwriters (BMO Nesbitt Burns Inc., RBC Dominion Securities Inc., and Scotia Capital Inc.) for price per share of US$10.00 for gross proceeds of US$310,200,000.

Security
common stock
Shares
31,020,000 Common Shares
Purchaser
Underwriters (BMO Nesbitt Burns Inc., RBC Dominion Securities Inc., and Scotia Capital Inc.)
Consideration
price per share of US$10.00 for gross proceeds of US$310,200,000
Exact text from the filing
On February 5, 2026, NOVAGOLD Resources Inc. (“ NOVAGOLD ” or the “ Company ”), closed a “bought deal” private placement of the Company’s common shares, no par value (the “ Common Shares ”). The Common Shares were issued pursuant to an underwriting agreement, dated February 5, 2026 (the “ Underwriting Agreement ”), by and among the Company and BMO Nesbitt Burns Inc., RBC Dominion Securities Inc., and Scotia Capital Inc. (collectively, the “ Underwriters ”), pursuant to which the Underwriters purchased 31,020,000 Common Shares (the “ Offered Shares ”) at a price per share of US$10.00 for gross proceeds of US$310,200,000
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

NOVAGOLD RESOURCES INC entered into Subscription Agreements with investors valued at Investors acquired the Offered Shares that were previously sold to the Underwriters (effective 2026-02-05).

Action
entry
Agreement
equity purchase
Counterparty
investors
Value
Investors acquired the Offered Shares that were previously sold to the Underwriters
Effective
2026-02-05
Exact text from the filing
On February 5, 2026, the Company entered into a series of substantially similar subscription agreements (collectively, the "Subscription Agreements") pursuant to which such investors acquired the Offered Shares that were previously sold to the Underwriters.
View on SEC.gov

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NOVAGOLD RESOURCES INC filing history →

Source: SEC EDGAR
accession 0001171843-26-000655
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