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0.00127049808429097 0.00127049808429097 0.00383141762452099 0.00383141762452099 -0.00351532567049823 0 0.0019157088122605 0.00287356321839074
Stock impact report

NOVAGOLD Announces US$200 Million Bought Deal Financing [Yahoo! Finance]

Novagold Resources Inc. (NG) 
NASDAQ:AMEX Investor Relations: novagold.com
Company Research Source: Yahoo! Finance
VANCOUVER, British Columbia, Jan. 22, 2026 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (NYSE American: NG, TSX: NG) ("NOVAGOLD" or the "Company") has announced today that it has entered into an agreement with BMO Capital Markets, RBC Capital Markets, and Scotiabank as bookrunners, under which the underwriters have agreed to buy on a bought deal basis by way of private placement, 20,000,000 common shares (the “Common Shares”) of the Company, at a price of US$10.00 per Common Share for gross proceeds of approximately US$200 million, with a cornerstone order of US$140 million from a leading European institution, before deducting underwriter fees and other expenses (the “Offering”). In addition, the Company has also granted the underwriters an over-allotment option, exercisable up to 48 hours prior to the closing of the Offering, to purchase up to an additional 15% of the number of Common Shares purchased pursuant to the Offering for additional gross proceeds of up to approximately US$30 Show less Read more
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