Freitag, 28. Mai 2010

In Re NovaGold Resources, Inc. (U.S.) Securities Litigation

Trading Symbol: NG
CUSIP Number: VARIOUS

TERMS OF THE SETTLEMENT: The Settlement consists of $26,644,800 in cash and will include interest on the Settlement Fund prior to distribution.

CLASS DESCRIPTION: On behalf of all persons, who:
(i) purchased NovaGold Resources, Inc. common stock on the American Stock Exchange during the Class Period of October 25, 2005 to January 16, 2008; (ii) are United States residents that purchased NovaGold common stock on the Toronto Stock Exchange during the Class Period of October 25, 2005 to January 16, 2008; or
(iii) are United States residents that purchased publicly traded NovaGold common stock by any other means during the Class Period of October 25, 2005 to January 16, 2008, and were allegedly damaged thereby.

IMPORTANT DATES:

DATE TO SEEK EXCLUSION
FROM THE CLASS: JULY 14, 2010

DATE FOR SUBMISSION OF
PROOF OF CLAIM FORMS: SEPTEMBER 15, 2010

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