NG — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-06-24

• Fluor Corporation (“Fluor”), as lead engineering firm, continues to integrate major work packages and coordinate technical workstreams with specialist contractors WSP USA, Inc. (“WSP”), Worley Alaska, Inc. (“Worley”), and Hatch Ltd. (“Hatch”) supporting the Donlin Gold project’s ongoing Bankable Fea…

• In support of the continued advancement of the BFS and the broader progression of the Donlin Gold project toward construction readiness and eventual commercial operation, management continues to assess key project requirements and advance recruitment efforts for critical positions.

• NOVAGOLD had liquidity of $370.2 million in cash and term deposits as of May 31, 2026, which we believe is sufficient to complete the Donlin Gold BFS, exercise our option to prepay the Barrick promissory note later in 2026 and cover corporate general and administrative costs for at least the next tw…

• We operate in the gold mining industry, primarily focused on advancing the Donlin Gold project in Alaska. The Donlin Gold project is held by Donlin Gold, a limited liability company which, following the closing of the Donlin Gold Transaction (as defined below) on June 3, 2025, is owned 60% by a whol…

• Donlin Gold has engaged extensively with communities, stakeholders, and government representatives across the Yukon-Kuskokwim (Y-K) region, Alaska, and Washington, D.C., supporting project development and permitting.

Text removed vs the prior filing · source: 10-Q · 2026-04-01

• During the first quarter of 2026, NOVAGOLD closed an underwritten bought deal private placement issuing approximately 31 million common shares at a price of $10.00 per share for gross proceeds of approximately $310.2 million, including the partial exercise of the underwriters’ overallotment option. …

• On January 8, 2026, NOVAGOLD and Paulson and their affiliates, as part of Donlin Gold’s infrastructure and energy strategy, announced that a non-binding Letter of Intent (LOI) was signed with Glenfarne Alaska LNG, LLC, majority owner and developer of the Alaska LNG project, to explore the potential …

• On February 9, 2026, NOVAGOLD and Paulson and their affiliates announced that Fluor Corporation (“Fluor”) was selected as the lead engineering firm for the Donlin Gold Bankable Feasibility Study (BFS) as the project advances toward construction. The BFS is expected to be completed in 2027.

• Following the end of the first fiscal quarter of 2026, NOVAGOLD and Paulson and their affiliates announced on March 12, 2026, the award of specialized contracts to three engineering firms — WSP USA, Inc. (WSP), Worley Alaska, Inc., and Hatch Ltd. (the “Specialist Contractors”) — to advance critical …

• Fluor and the Specialist Contractors have commenced work on the BFS, under the leadership of the newly appointed Project Director Frank Arcese (see release dated January 13, 2026), who has extensive experience in delivering large-scale mining projects. With major contractors now on board and ongoing…