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 NOVA...
Source: investingnews.com