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| 8-K - FORM 8-K - NOVAGOLD RESOURCES INC | f8k_050817.htm |
Exhibit 99.1
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NOVAGOLD Announces Election of Directors and Voting Results from
2017 Annual Shareholder Meeting
May 8, 2017 - Vancouver, British Columbia – NOVAGOLD RESOURCES INC. (TSX, 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% |
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www.novagold.com
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
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