Gold prices have been relatively muted this month due to strengthening investor optimism on the United States' economic outlook along with a sharp rise in treasury yields. The fall in gold prices has led one or more central banks to buy as much as four tons of bullion in recent weeks, according to a recent Financial Times report. Five Star Equities [...]
NovaGold is pleased to announce the appointment of Mr. Anthony P. Walsh to NovaGold's Board of Directors, effective immediately. Mr. Walsh has over twenty-five years of leadership experience in the mining industry where he held such senior positions as President and Chief Executive Officer of Miramar Mining Corporation, which in 2007 was sold to [...]
NovaGold is pleased to announce that ISS Proxy Advisory Services and Glass Lewis & Co. have recommended that their clients vote in favor of the proposed NovaCopper Inc. spin-off at the Special General Meeting being held on March 28, 2012. ISS and Glass Lewis are leading advisory firms for independent international corporate governance analysis and [...]
NovaGold today announced that it has eliminated preferred shares from the capital structure of NovaCopper Inc., which will be spun out in conjunction with the earlier announced Plan of Arrangement. A Notice of Alteration deleting NovaCopper's class of preferred shares was filed with the British Columbia Corporate Registry on March 20, 2012, and [...]
NovaGold is pleased to announce the appointment of Mélanie Hennessey to the position of Vice President, Corporate Communications, effective immediately. In this senior role, Mélanie will lead the Company's internal and external communications functions, and will work closely with Greg Lang, President & CEO, and the NovaGold Board of Directors in [...]
NovaGold to announce results from a 10,000 meter resource infill drilling program on the 50%-owned Galore Creek property located in the Territory of the Tahltan Nation in North Western British Columbia, Canada. The Galore Creek property is held by a partnership owned equally by wholly-owned subsidiaries of NovaGold and Teck and managed by Galore [...]
NovaGold today announced the results of its fiscal year ended November 30, 2011 along with an update on the Company's project-development activities. Details of the Company's financial results are described in the consolidated financial statements and Management's Discussion and Analysis which, together with further details on each of the Company's [...]
NovaGold is pleased to provide an update on the previously announced spin-out transaction of NovaCopper Inc., a wholly-owned subsidiary of the Company. NovaCopper holds, through its wholly-owned subsidiary, NovaCopper US Inc., the Company's interest in the Ambler project located in Northwestern Alaska.
NovaGold announced an amended time for its conference call. The conference call will still be held on February 23 as previously announced, however the starting time for the call has been amended to 8.30 am PST (11.30 am EST); it will also be carried on the Company's website.
NovaGold today reported that it has completed its previously announced bought deal equity offering of 35 million common shares, at a price of US$9.50 per share for net proceeds of approximately US$318.9 million after deducting underwriter commission and expenses. The syndicate of underwriters, led by RBC Capital Markets and J.P. Morgan Securities [...]
NovaGold today announced it will report the results of its fourth quarter and year ended November 30, 2011 before the market opens on February 22, 2012. A conference call will be held the next day on Thursday February 23, 2012 at 11:00 am PST (2:00 pm EST); it will also be carried on the Company's website.
A correction is being issued in regards to the release sent at 9:00 am ET on February 02, 2012. The release was issued without the figure in the title. The title has been amended to 'NovaGold Announces Bought Deal Increased to US$332.5 Million.' The complete and corrected version follows.