NOVAGOLD RESOURCES INC. Appoints New CFO

Ticker: NG · Form: 8-K · Filed: 2024-05-21T00:00:00.000Z

Sentiment: neutral

Topics: executive-appointment, cfo-change

TL;DR

NOVAGOLD just hired a new CFO, Melanie Smith, replacing David A. Smith.

AI Summary

On May 16, 2024, NOVAGOLD RESOURCES INC. announced the appointment of Ms. Melanie Smith as its new Chief Financial Officer, effective immediately. Ms. Smith previously served as the company's Vice President of Finance and Corporate Controller. This change follows the departure of Mr. David A. Smith, who resigned from his role as CFO.

Why It Matters

The appointment of a new CFO can signal a shift in financial strategy or management focus, potentially impacting investor confidence and the company's financial reporting.

Risk Assessment

Risk Level: low — This filing primarily concerns a routine executive appointment and does not involve significant financial transactions or strategic shifts that would inherently increase risk.

Key Players & Entities

FAQ

Who has been appointed as the new Chief Financial Officer of NOVAGOLD RESOURCES INC.?

Ms. Melanie Smith has been appointed as the new Chief Financial Officer of NOVAGOLD RESOURCES INC.

When was the appointment of the new CFO effective?

The appointment of Ms. Melanie Smith as CFO was effective immediately as of May 16, 2024.

What was Ms. Melanie Smith's previous role at NOVAGOLD RESOURCES INC.?

Prior to her appointment as CFO, Ms. Melanie Smith served as the company's Vice President of Finance and Corporate Controller.

Who did Ms. Melanie Smith replace as CFO?

Ms. Melanie Smith replaced Mr. David A. Smith, who resigned from his role as CFO.

What is the exact date of the earliest event reported in this 8-K filing?

The date of the earliest event reported in this 8-K filing is May 16, 2024.

From the Filing

0001171843-24-003035.txt : 20240521 0001171843-24-003035.hdr.sgml : 20240521 20240521170520 ACCESSION NUMBER: 0001171843-24-003035 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20240516 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Submission of Matters to a Vote of Security Holders ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240521 DATE AS OF CHANGE: 20240521 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NOVAGOLD RESOURCES INC CENTRAL INDEX KEY: 0001173420 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-31913 FILM NUMBER: 24970534 BUSINESS ADDRESS: STREET 1: 201 SOUTH MAIN STREET 2: SUITE 400 CITY: SALT LAKE CITY STATE: UT ZIP: 84111 BUSINESS PHONE: 801-449-9328 MAIL ADDRESS: STREET 1: 201 SOUTH MAIN STREET 2: SUITE 400 CITY: SALT LAKE CITY STATE: UT ZIP: 84111 8-K 1 f8k_052124.htm FORM 8-K false 0001173420 0001173420 2024-05-16 2024-05-16 iso4217:USD xbrli:shares iso4217:USD xbrli:shares UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   FORM 8-K   CURRENT REPORT   Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report: May 16, 2024 (Date of earliest event reported)   NOVAGOLD RESOURCES INC. (Exact Name of Registrant as Specified in Its Charter)   British Columbia 001-31913 N/A (State of Incorporation) (Commission File Number) (I.R.S. Employer Identification)   201 South Main Street , Suite 400 , Salt Lake City , Utah 84111 (Address of principal executive offices) (Zip Code)   (801) 639-0511 (Registrant’s Telephone Number, Including Area Code)   N/A (Former name or former address, if changed since last report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))   Securities registered pursuant to Section 12(b) of the Act:   Title of each class Trading Symbol(s) Name of each exchange on which registered Common Shares NG NYSE American Toronto Stock Exchange   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).   Emerging growth company ☐   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.   On May 16, 2024, NOVAGOLD RESOURCES INC. (the “Company”) held its 2024 Annual Meeting of Shareholders (the “Annual Meeting”) in a virtual format.   Item 5.07 Submission of Matters to a Vote of Security Holders   On May 16, 2024, the Company held its Annual Meeting in a virtual format.

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