NOVAGOLD Announces Expected Completion Date for Donlin Gold Acquisition, NYSE Listing and TSX Delisting

VANCOUVER, British Columbia, Nov. 10, 2026 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD” or the “Company”) (NYSE American, TSX: NG) has obtained the requisite shareholder approvals as per the November 4, 2026 release titled “NOVAGOLD Shareholders approve transaction to consolidate 100% ownership of Donlin Gold”, in connection with a special resolution approving an arrangement (the “Arrangement”), relating to the transactions announced on July 22, 2026, pursuant to which, subject to the satisfaction of certain closing conditions, upon the consummation thereof, NovaGold Corporation, a newly incorporated Delaware corporation, will acquire all of the issued and outstanding common shares of NOVAGOLD by way of a statutory plan of arrangement under the Business Corporations Act (British Columbia), becoming the ultimate parent of NOVAGOLD and its subsidiaries, and will acquire the 40% interest in Donlin Gold LLC (“Donlin Gold”) held by Paulson Advisers LLC and certain of its affiliates (collectively, “Paulson”) through Donlin Gold Holdings LLC (“Donlin Gold Holdings”)1, increasing NOVAGOLD’s ownership in Donlin Gold, a Tier One2 gold development project in Alaska, from 60% to 100% (the “Transactions”).