72
NovaGold to acquire remaining 40% of Donlin Gold from Paulson; shareholder vote Nov 3
Why it matters
NovaGold announced definitive agreements to acquire Paulson Advisers' 40% stake in Donlin Gold LLC for shares, increasing NovaGold's ownership from 60% to 100%. The transaction will be decided by shareholder vote on November 3, 2026, with the proxy statement now filed and mailing commenced—a material step toward closing a deal that consolidates control of the asset and dilutes current shareholders by ~35% while capping Paulson's voting power at 19.99%.
In plain language
NovaGold is buying out its partner Paulson's 40% stake in a gold project called Donlin Gold, paying with new stock. Shareholders vote on the deal November 3rd.
Exposure
NG ▲
Price check
not measured: no fresh price at the time of scoringHow this is measured
Information only. AURA does not give buy or sell recommendations.