NovaGold Urges Holders To Vote FOR Paulson Donlin Gold Stake Deal By October 30
The board unanimously backs buying the remaining 40% of Donlin Gold for shares, with a special meeting set for November 3, 2026.
NovaGold emailed select shareholders on Wednesday asking them to vote FOR its proposed all-share purchase of the remaining 40% of Donlin Gold held by Paulson Advisers LLC and its affiliates, according to an additional proxy filing. The board unanimously recommends the resolutions, and voting instructions are due by the October 30, 2026 cut-off.
What the email says
The message, filed with the SEC as additional proxy material, describes the outreach as part of NovaGold's ongoing shareholder engagement. It concerns the Special Meeting of Shareholders on November 3, 2026, and the previously announced transactions, including the Donlin Gold purchase.
The board "unanimously recommends" a FOR vote, and the email encourages holders to complete and submit proxy cards or voting instructions before the October 30, 2026 proxy voting cut-off.
It sends readers to the management information circular and definitive proxy statement, filed on Schedule 14A on October 5, 2026. Those documents set out the benefits of the deal, the factors the board weighed, the other meeting matters and the voting procedures. They are on www.NewNOVAGOLD.com, SEDAR+ and EDGAR.
What it changes for holders
Nothing in the email changes the terms. The transaction remains proposed and needs shareholder approval. The email is a reminder that the vote is close and that instructions must be in before the cut-off.
The buyout would be paid in company shares, so holders who vote are deciding whether NovaGold takes on Paulson's 40% interest in the Donlin Gold project using its stock.
For voting help, Canadian and international holders outside the U.S. are pointed to Kingsdale Advisors. U.S. holders are pointed to Innisfree M&A Incorporated. Management also offered to arrange a discussion with shareholders who have questions.
What to watch
Proxy voting closes October 30, 2026. Shareholders vote at the special meeting on November 3, 2026.
The October 30, 2026 cut-off comes first, then the November 3, 2026 special meeting where the resolutions are decided.
Sources
- NovaGold Resources — DEFA14A (2026-10-21) — SEC EDGAR
