Peter Adamek
Peter Adamek will be appointed Vice President and Chief Financial Officer of the Company upon Mr. Ottewell’s retirement.
Highest-materiality recent filing
NOVAGOLD reports Q2 net loss of $25.5M; cash position $370.2M; Donlin BFS on track
Cash and term deposits of $370.2M as of May 31, 2026, down from $392.5M at Feb 28, 2026.
NOVAGOLD Q1 net loss $15.4M, cash $392.5M after $294M placement; BFS launched with Fluor
Net loss of $15.4M ($0.04 EPS); no revenue as development-stage company.
NOVAGOLD selects Fluor to lead Donlin Gold Bankable Feasibility Study; BFS due 2027
Fluor Corporation (FLR) chosen as lead engineering firm for Donlin Gold Bankable Feasibility Study (BFS).
NOVAGOLD closes upsized bought deal private placement for US$310M gross proceeds
Issued 31.02M common shares at US$10.00 each for gross proceeds of US$310.2M, including partial over-allotment exercise.
NOVAGOLD reports FY2025 results, highlights $1B Donlin Gold transaction and BFS progress
Completed $1B transaction to acquire Barrick's 50% interest in Donlin Gold, increasing NOVAGOLD's stake to 60%.
NOVAGOLD's Donlin Gold signs non-binding LOI with Glenfarne for Alaska LNG gas supply
Donlin Gold (60% NOVAGOLD, 40% Paulson) signed non-binding LOI with Glenfarne Alaska LNG for up to 50M cf/day natural gas.
NOVAGOLD Reports High-Grade Drill Results and Positive Alaska Supreme Court Decision for Donlin Gold
2025 Donlin Gold drill program intercepted high-grade gold up to 26.22 g/t over 4.38m, with top intervals including 41.09m at 3.06 g/t gold.
NOVAGOLD posts Q3 loss $15.6M; completes $1B Donlin Gold acquisition, now 60% owner
Net loss $15.6M ($0.04 EPS) for Q3 Aug 31, 2025; no revenue as development-stage company.
NOVAGOLD Q2 net loss $0.15/sh; closes $1B Donlin Gold stake increase to 60%
Net loss of $54.3M ($0.15/sh) includes $39.6M non-cash warrant charge; cash expenditures $8.3M.
NOVAGOLD closes full exercise of underwriters' option, total net proceeds ~$195.2M
Underwriters exercised option to purchase 7,177,500 additional common shares at $3.75/share.
NOVAGOLD closes $1B acquisition; increases Donlin Gold stake to 60%
NOVAGOLD paid $200M for additional 10% in Donlin Gold, now owns 60%; Paulson acquired 40% for $800M.
NOVAGOLD closes $243.8M total equity raise to fund Donlin Gold interest acquisition
Closed upsized public offering of 47.85M shares at $3.75/share for gross proceeds of $179.4M.
NOVAGOLD prices $179M upsized public offering of 47.85M shares at $3.75/share
Gross proceeds ~$179.4M from 47.85M shares at $3.75; underwriters have 30-day option for up to 7.18M additional shares.
Alaska Superior Court affirms water quality certification for Novagold's Donlin Gold project
Court denied appeal by ONC/Earthjustice, upheld ADEC's 401 certification issued Aug 18, 2023.
NOVAGOLD proposes public offering of up to 43.5M common shares to fund Donlin Gold acquisition
Up to 43.5M shares offered in public offering; underwriters granted 30-day option for additional 6.525M.
NOVAGOLD and Paulson to acquire Barrick's 50% Donlin Gold stake for $1B; NOVAGOLD to own 60%
NOVAGOLD will increase Donlin Gold ownership from 50% to 60% for $200M; Paulson acquires 40% for $800M.
NOVAGOLD increases Donlin Gold stake from 50% to 60% for $200M; Paulson acquires 40% for $800M; total deal $1.0B.
NOVAGOLD reports FY2024 net loss $45.6M; treasury $101M, Donlin Gold advances
Net loss of $45.6M ($0.14 EPS) as a development-stage company with no production.
NOVAGOLD reports Q2 2024 net loss of $13.7M; cash at $113M advancing Donlin Gold
Net loss of $13.7M ($0.04 per share) vs $14.6M in Q2 2023; operating expenses $11.6M.
NOVAGOLD reports Q3 net loss $11.1M; cash and term deposits $130M
Net loss of $11.1M ($0.03 diluted loss) vs $16.1M loss a year ago, driven by lower Donlin Gold expenses.
NOVAGOLD FY2022 cash $126M, Donlin Gold drill program yields high-grade results
Cash and term deposits $126M at Nov 30, 2022; additional $25M due from Newmont in July 2023.
Donlin Gold reports high-grade gold intercepts from 141-hole 2022 drill program; 2023 budget $34M
Final assay results include 17.20m at 11.11 g/t gold (4.25m at 36.91 g/t) in hole DC22-2130.
Donlin Gold 2022 drilling returns high-grade gold intercepts; advances feasibility study
Top intercept: 42.28m at 30.68 g/t Au (incl. 23.16m at 54.22 g/t) in Divide grid hole DC22-2068.
Peter Adamek will be appointed Vice President and Chief Financial Officer of the Company upon Mr. Ottewell’s retirement.
David Ottewell, Vice President and Chief Financial Officer of NOVAGOLD Resources Inc. (the “Company”), has announced his intention to retire effective July 15, 2024.
On June 10, 2022, Mr. Igor Levental, a Director of NOVAGOLD RESOURCES INC. (the “Company”), died suddenly and unexpectedly.
Max materiality 0.90 · Median 0.55 · Most common event other_material