NOVAGOLD Announces Election of Directors and Votin

VANCOUVER, British Columbia, May 08, 2017 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (TSX:NG) (NYSE MKT:NG) is pleased to announce the detailed voting results on the items of business considered at its Annual General Meeting of Shareholders held on May 5, 2017 (the “Meeting”). A total of 260,710,238 or 81.05% of the Company’s issued and outstanding shares were represented at the Meeting. The nominees listed in NOVAGOLD’s Management Information Circular were elected as directors of the Company. Detailed results of the votes are set out below:

Proposal 2 – Appointment of Auditors

The vote was carried for the Appointment of the Auditors, PricewaterhouseCoopers LLP. The votes were as follows:

Proposal 3 – Say-On-Pay Advisory Vote

The vote was carried on the Say-On-Pay Advisory Vote. The votes were as follows:

Proposal 4 – Approval of Unallocated Entitlements under the Stock Award Plan

The vote was carried on the approval of all the unallocated entitlements under the Company’s Stock Award Plan. The votes were as follows:

Proposal 5 – Approval of Unallocated Entitlements under the Performance Share Unit Plan

The vote was carried on the approval of all the unallocated entitlements under the Company’s Performance Share Unit Plan. The votes were as follows:

Proposal 6 – Approval of Unallocated Entitlements under the Deferred Share Unit Plan

The vote was carried on the approval of all the unallocated entitlements under the Company’s Deferred Share Unit Plan. The votes were as follows:

Full details of all proposals are fully described in the Company’s Management Information Circular available on the Company’s website at www.novagold.com , on SEDAR at www.sedar.com , and on EDGAR at www.sec.gov and the detailed results of voting on each proposal are included in the Report of Voting Results filed on SEDAR and on EDGAR.