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Stock impact report

NOVAGOLD Files First Quarter 2026 Report Highlighting Growing Momentum on Key Donlin Gold Workstreams

Novagold Resources Inc. (NG) 
NASDAQ:AMEX Investor Relations: novagold.com
Company Research Source: GlobeNewswire
Strengthened balance sheet: Completed upsized bought deal private placement for net proceeds of approximately $294 million Robust treasury: Ended quarter with ~$393 million in cash and term deposits Bankable Feasibility Study (BFS) launched: Appointed Fluor Corporation (“Fluor”) as lead engineering firm; technical workstreams underway Strategic engineering contracts awarded: Retained WSP USA, Inc. (“WSP”), Worley Alaska, Inc. (“Worley”), and Hatch Ltd. (“Hatch” and together with WSP and Worley, the “Specialist Contractors”) for the on-site power plant, the natural gas pipeline, and the pressure oxidation circuit and oxygen plant respectively — all advancing work toward completion of BFS expected in 2027 and supporting progression of financing and development workstreams Energy infrastructure strategy under consideration: Donlin Gold signed a non-binding Letter of Intent (LOI) with Glenfarne Alaska LNG, LLC (“Glenfarne”) to jointly evaluate natural gas supply from the Alaska LNG pi Show less Read more
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