NovaGold shareholder vote scheduled for Paulson acquisition restructuring

NovaGold announced on July 22, 2026 that shareholders will vote on November 3, 2026 to approve a reorganization in which Paulson Advisers will contribute its 40% stake in Donlin Gold to a newly formed Delaware parent company (New NovaGold) in exchange for shares capped at 19.99% voting control, while NovaGold shareholders exchange one share per share into the new parent. Upon completion, New NovaGold will own 100% of Donlin Gold and list on NYSE. The deal structure consolidates ownership but the price impact is limited by the equity swap structure and the fact that this is a shareholder approv

NovaGold and its partner Paulson are restructuring their gold mining venture so that a new company will own everything and list on NYSE. Shareholders will vote on this change on November 3rd.