NOVAGOLD Announces Closing of Upsized Bought Deal for Gross Proceeds of US$310 Million
ByAinvest
Thursday, Feb 5, 2026 9:25 am ET1min read
NG--
NOVAGOLD Resources Inc. has closed a bought deal private placement for gross proceeds of approximately $310 million. The company will use the net proceeds for Donlin Gold activities, settlement of a promissory note with Barrick Mining Corporation, and general corporate purposes. The common shares were offered in Canada, the US, and internationally under applicable exemptions from prospectus requirements.
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