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 1 |
Outcome of the
Vote |
Votes by Ballot |
| Election of
Directors |
Votes For |
Votes
Withheld |
| Sharon Dowdall |
Carried |
205,246,215
(99.61%) |
807,569
(0.39%) |
| Dr. Marc Faber |
Carried |
205,245,961
(99.61%) |
807,824
(0.39%) |
| Dr. Thomas Kaplan |
Carried |
205,191,258
(99.58%) |
862,527
(0.42%) |
| Gregory Lang |
Carried |
205,398,998
(99.68%) |
654,786
(0.32%) |
| Gillyeard Leathley |
Carried |
205,278,306
(99.62%) |
775,479
(0.38%) |
| Igor Levental |
Carried |
204,521,052
(99.26%) |
1,532,732
(0.74%) |
| Kalidas Madhavpeddi |
Carried |
205,199,575
(99.59%) |
854,209
(0.41%) |
| Gerald McConnell |
Carried |
191,331,615
(92.86%) |
14,722,170
(7.14%) |
| Clynton Nauman |
Carried |
205,319,846
(99.64%) |
733,939
(0.36%) |
| Rick Van Nieuwenhuyse |
Carried |
161,384,452
(78.32%) |
44,668,973
(21.68%) |
| Anthony Walsh |
Carried |
205,292,012
(99.63%) |
761,772
(0.37%) |
Proposal 2 – Appointment of Auditors
The vote was carried for the Appointment of the Auditors, PricewaterhouseCoopers LLP. The votes were as
follows:
| Votes For |
|
|
259,544,971 |
|
|
99.56% |
| Votes Withheld |
|
|
1,151,967 |
|
|
0.44% |
| |
|
|
|
|
|
|
Proposal 3 – Say-On-Pay Advisory Vote
The vote was carried on the Say-On-Pay Advisory Vote. The votes were as follows:
| Votes For |
|
|
153,210,502 |
|
|
74.36% |
| Votes Against |
|
|
51,918,544 |
|
|
25.20% |
| Votes Withheld |
|
|
911,438 |
|
|
0.44% |
| |
|
|
|
|
|
|
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:
| Votes For |
|
|
192,464,448 |
|
|
93.41% |
| Votes Against |
|
|
12,282,335 |
|
|
5.96% |
| Votes Withheld |
|
|
1,293,700 |
|
|
0.63% |
| |
|
|
|
|
|
|
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:
| Votes For |
|
|
200,760,355 |
|
|
97.44% |
| Votes Against |
|
|
3,992,255 |
|
|
1.94% |
| Votes Withheld |
|
|
1,287,874 |
|
|
0.63% |
| |
|
|
|
|
|
|
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:
| Votes For |
|
|
201,666,080 |
|
|
97.88% |
| Votes Against |
|
|
3,061,147 |
|
|
1.49% |
| Votes Withheld |
|
|
1,313,257 |
|
|
0.64% |
| |
|
|
|
|
|
|
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.
NOVAGOLD Contact: Mélanie Hennessey Vice President, Corporate Communications Erin O’Toole Senior Stakeholder Relations Specialist 604-669-6227 or 1-866-669-6227
