NOVAGOLD Announces Date of its 2025 Virtual Annual Meeting of Shareholders

Rhea-AI Summary

NOVAGOLD has announced its 2025 Virtual Annual Meeting of Shareholders, scheduled for May 15, 2025, at 1:00 p.m. PDT. The meeting will cover key agenda items including:

• Election of Directors
• Appointment of external auditors
• Non-binding advisory vote on executive compensation

Following the main meeting, Chairman Dr. Thomas Kaplan and CEO Greg Lang will present NOVAGOLD's 2024 achievements and discuss their recent transaction to acquire Barrick Gold's 50% interest in Donlin Gold with partner Paulson Advisers LLC. The meeting will be held entirely virtually, allowing shareholders to participate from any location with internet connectivity. Shareholders can vote by proxy, join the virtual meeting, and submit questions either during the webcast or in advance via email. The company has partnered with Kingsdale Advisors to assist shareholders with the virtual meeting process.

Positive

• Recent acquisition of Barrick Gold's 50% interest in Donlin Gold project with Paulson Advisers
• Donlin Gold qualifies as Tier 1 project with projected 10+ year life and 500,000+ oz annual gold production
• Cost efficiency measures with virtual meeting format reducing operational expenses

Negative

• None.

• NOVAGOLD’s Annual General Meeting of Shareholders will be held virtually on May 15, 2025, at 1:00 p.m. PDT
• Shareholders may vote on matters before the Meeting by proxy, join the virtual Meeting and vote, and submit questions either during the webcast or in advance by email
• Following the Meeting, Chairman Dr. Thomas Kaplan and President and CEO Greg Lang will host a virtual presentation centered on the Donlin Gold project, a premier Tier 1 gold development project¹
  

VANCOUVER, British Columbia, April 30, 2025 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD” or “the Company”) (NYSE American, TSX: NG) will hold the Company’s 2025 Annual General Meeting of Shareholders on May 15, 2025, at 1:00 p.m. PDT (4:00 p.m. EDT) (the “Meeting”). On this occasion, Shareholders will elect Directors for the ensuing year, appoint external auditors, and cast a non-binding advisory vote on the Company’s executive compensation program. Following the Meeting, Chairman Dr. Thomas Kaplan and President and CEO Greg Lang will provide an overview of:

• NOVAGOLD’s 2024 achievements;
• Recent transaction announcement to acquire Barrick Gold’s 50% interest in Donlin Gold with partner Paulson Advisers LLC; and
• The outlook for the remainder of 2025.
  

NOVAGOLD VIRTUAL MEETING AND SHAREHOLDER PARTICIPATION

The Meeting will be held virtually only. Shareholders may cast their vote in advance by proxy and participate from any geographic location with internet connectivity. We believe holding the Meeting virtually will enhance Shareholder accessibility and help reduce the carbon footprint of our activities. Please refer to NOVAGOLD’s Management Information Circular dated March 24, 2025, for detailed instructions on voting.

Shareholders may view a live webcast of the Meeting and registered Shareholders as well as duly appointed proxyholders may submit questions digitally during the Meeting at: www.virtualshareholdermeeting.com/NG2025.

Questions may also be submitted to management and to the Board of Directors prior to the Meeting via email at info@novagold.com. Shareholders are encouraged to log in to the Meeting 15 minutes prior to the scheduled start time. Please make sure to have the 16-digit control number from your voting materials available when logging in to the Meeting.

Shareholders may contact Kingsdale Advisors, the Company’s strategic advisor, by telephone at 1-866-228-8818 (toll-free in North America) or 1-416-623-2514 (text and call enabled outside North America), or by email at contactus@kingsdaleadvisors.com. More information about the Meeting can be obtained by visiting www.novagoldagm.com.

NOVAGOLD’s Management Information Circular dated March 24, 2025 and Annual Report to Accompany the Management Information Circular are available on the Company’s website, www.novagold.com/investors/mic, on SEDAR+ at www.sedarplus.ca, and on EDGAR at www.sec.gov.

NOVAGOLD Contacts:

Mélanie Hennessey
Vice President, Corporate Communications

Frank Gagnon
Manager, Investor Relations

604-669-6227 or 1-866-669-6227
www.novagold.com

¹NOVAGOLD defines a Tier One gold development project as one with a projected life of at least 10 years, annual projected production of at least 500,000 ounces of gold, and average projected cash costs over the production life that are in the lower half of the industry cost curve.

FAQ

When is NOVAGOLD (NG) 2025 Annual Shareholder Meeting and how can investors participate?

NOVAGOLD's virtual Annual Meeting is on May 15, 2025, at 1:00 p.m. PDT. Shareholders can participate online at www.virtualshareholdermeeting.com/NG2025, vote by proxy, and submit questions during the webcast or via email at info@novagold.com.

What will be discussed at NOVAGOLD's (NG) 2025 Annual Meeting?

The meeting will cover election of Directors, appointment of auditors, executive compensation voting, 2024 achievements, and details about the recent transaction to acquire Barrick Gold's 50% interest in Donlin Gold with Paulson Advisers LLC.

How can shareholders vote for NOVAGOLD's (NG) 2025 Annual Meeting?

Shareholders can vote in advance by proxy or during the virtual meeting. They need their 16-digit control number from voting materials to log in at www.virtualshareholdermeeting.com/NG2025.

What is the Donlin Gold project that NOVAGOLD (NG) will discuss in their 2025 meeting?

Donlin Gold is a Tier 1 gold development project with a projected life of at least 10 years, annual projected production of at least 500,000 ounces of gold, and lower-half industry cost curve projected cash costs.

Who should NOVAGOLD (NG) shareholders contact for meeting support?

Shareholders can contact Kingsdale Advisors at 1-866-228-8818 (North America toll-free) or 1-416-623-2514 (outside North America), or email contactus@kingsdaleadvisors.com for meeting support.