NOVAGOLD Shareholders Approve Transaction to Consolidate 100% Ownership of Donlin Gold

NOVAGOLD shareholders voted to approve a transaction where New NOVAGOLD will become the parent company and acquire Paulson Advisers' 40% stake in Donlin Gold, increasing NOVAGOLD's ownership from 60% to 100%. The arrangement received overwhelming shareholder approval with 99.72% voting in favor. The company expects to complete the transaction in Q4 2026, pending regulatory and court approvals.