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NOVAGOLD Receives $75 Million from Newmont Corporation


NOVAGOLD Receives $75 Million from Newmont Corporation
Second payment for the sale of NOVAGOLD’s 50% interest in the Galore Creek project Treasury exceeds $150 million NOVAGOLD RESOURCES INC. has received $75 million from Newmont Corporation as per the 2018 Share Purchase Agreement in which NOVAGOLD agreed to sell its 50% interest in the Galore Creek project in British Columbia, Canada. All amounts are in U.S. dollars unless otherwise stated. Under the terms of the …
Second payment for the sale of NOVAGOLD’s 50% interest in the Galore Creek project
Treasury exceeds $150 million
NOVAGOLD RESOURCES INC. (TSX, NYSE American: NG) (“NOVAGOLD” or “the Company”) has received $75 million from Newmont Corporation (TSX: NGT, NYSE: NEM) (“Newmont”) as per the 2018 Share Purchase Agreement in which NOVAGOLD agreed to sell its 50% interest in the Galore Creek project (“GCP”) in British Columbia, Canada. All amounts are in U.S. dollars unless otherwise ....

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