NOVAGOLD To Acquire Paulson’s Donlin Gold Holdings Interests In Donlin Gold In All-Share Transaction
NOVAGOLD to acquire Paulson’s Donlin Gold Holdings1 interests in Donlin Gold in an all-share transaction, creating a leading U.S.-domiciled gold developer with approximately US$4.2 billion equity value2Consolidation to
NovaGold is buying out a partner's stake in a big gold project using its own stock instead of cash. This means the company is combining forces to become a larger gold developer, which could help it move forward with its plans.
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