NovaGold (NG) Form 3: New Director Ali Erfan Holds 1,200 Shares

NovaGold Resources Inc. (NG) Form 3 reports the initial beneficial ownership of recently appointed director Ali Erfan.

Rhea-AI Filing Summary

NovaGold Resources Inc. (NG) Form 3 reports the initial beneficial ownership of recently appointed director Ali Erfan. As of the event date 21 Jul 2025, Mr. Erfan holds 1,200 common shares directly and reports no derivative securities. The filing is made solely by the individual and contains no amendments. This disclosure satisfies Section 16(a) requirements and does not represent a purchase, sale, or any material change to NovaGold’s share count or capital structure.

Insights

Financial Analyst

TL;DR: Form 3 shows new director Ali Erfan owns 1,200 NG shares; negligible stake, routine governance disclosure, no impact on valuation.

The filing simply records Mr. Erfan’s initial ownership upon joining the board. With a market value likely below US$10,000, the stake is immaterial relative to NovaGold’s market capitalization and does not alter insider ownership dynamics. No derivatives, acquisitions, or sales are disclosed, so the event is neutral for shareholders and does not influence liquidity, control, or strategic direction.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Erfan Ali

Role Director

Type	Security	Shares	Price	Value
holding	Common Shares	--	--	--

Holdings After Transaction: Common Shares — 1,200 shares (Direct)

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who is the reporting person in NovaGold's (NG) latest Form 3?

The reporting person is Ali Erfan, newly appointed director.

How many NovaGold common shares does Ali Erfan own?

He reports ownership of 1,200 common shares held directly.

Does the filing disclose any derivative securities for Ali Erfan?

No, the Form 3 shows no derivative securities owned.

Is this Form 3 filing considered material to investors?

Given the small stake and absence of transactions, the filing is viewed as non-material and routine.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/24/2025 - 09:31 AM Learn about SEC filing dates

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Erfan Ali

(Last) (First) (Middle)

C/O NOVAGOLD RESOURCES INC.

201 SOUTH MAIN STREET, SUITE 400

(Street)

SALT LAKE CITY UT 84111

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
07/21/2025

3. Issuer Name and Ticker or Trading Symbol
NOVAGOLD RESOURCES INC [ NG ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares	1,200	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/ Ali Erfan	07/24/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.