NOVAGOLD Increases Previously Announced Bought Deal Financing to US$300 Million
View original at globenewswire.comNOVAGOLD Increases Previously Announced Bought Deal Financing to US$300 Million Not for distribution to U.S. news wire services or dissemination in the United States VANCOUVER, British Columbia, Jan…
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The Donlin Gold project is regarded to be one of the largest, highest-grade, and most prospective known open-pit gold deposits in the world
80% confidenceAlaska is one of the safest mining jurisdictions in the world
80% confidenceThe Donlin Gold project is expected to produce an average of more than one million ounces per year over a 27-year mine life on a 100% basis once in production.
80% confidenceThe Company intends to use the net proceeds of the Offering for expenditures associated with Donlin Gold activities, settlement of the Company's prepayment option on the promissory note with Barrick Mining Corporation, and general corporate purposes.
80% confidenceThe Offering is expected to close on or about February 5, 2026
80% confidence