Following shareholder approval, NOVAGOLD prepares to finalize its 100% acquisition of the Donlin Gold project, shifting to a Delaware parent company with a planned NYSE listing and TSX delisting.
Shareholders approved the arrangement on November 4, 2026, removing a key closing condition for the July 22, 2026 transactions that will take NOVAGOLD's ownership of the Donlin Gold project from 60% to 100%. With an expected completion date now set and a planned NYSE listing alongside the TSX delisting, deal-completion risk declines, which supports the share price. The news is largely an execution update on an already-announced deal, limiting the upside surprise.
NOVAGOLD RESOURCES INC. confirmed the path to finalize its consolidation of the Donlin Gold project following shareholder approval on November 4, 2026. The company will transition to a Delaware-based parent, NovaGold Corporation, as it moves to acquire the remaining 40% interest from Paulson Advisers LLC to reach 100% ownership.
On November 4, 2026 shareholders passed a special resolution approving an arrangement under which a newly incorporated Delaware company, NovaGold Corporation, will acquire all outstanding NOVAGOLD shares and NOVAGOLD's Donlin Gold ownership will rise from 60% to 100% via the purchase of Paulson's 40% interest.
No — the announcement states the company expects a NYSE listing and a TSX delisting in connection with the completion of the transactions.