| Cash Flow | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-08-31 |
|---|---|---|---|---|
| Equity loss donlin gold | -16,212 | -8,762 | -2,299 | -9,765 |
| Warrant expense (note 9) | 39,607 | 39,607 | - | - |
| Interest expense on promissory note | 11,100 | 7,273 | 3,566 | 11,132 |
| Accretion of note receivable | - | - | - | 0 |
| Net loss | -79,037 | -63,391 | -9,116 | -34,761 |
| Share-based compensation | 4,393 | 2,393 | 983 | 5,319 |
| Gain on sale of mineral property (note 4) | 0 | 0 | 0 | 743 |
| Change in fair value of marketable equity securities | 945 | 283 | 186 | 978 |
| Foreign exchange (gain) loss | -41 | -49 | 330 | -13 |
| Other operating adjustments | 18 | 15 | 9 | 32 |
| Other assets | -502 | 1,166 | - | - |
| Accounts payable and accrued liabilities | 854 | 1,050 | - | - |
| Accrued payroll and related benefits | -357 | -1,060 | - | - |
| Income taxes payable | -220 | -214 | - | - |
| Net change in operating assets and liabilities (note 14) | - | - | 2,685 | 388 |
| Remediation liability | -160 | -124 | - | - |
| Net cash used in operating activities | -7,992 | -7,089 | -5,460 | -10,609 |
| Proceeds from term deposits | 185,000 | 93,000 | - | 80,000 |
| Purchases of term deposits | 193,000 | 59,000 | - | 60,000 |
| Proceeds from note receivable | - | - | - | 0 |
| Proceeds from disposal of investments | - | 952 | 952 | - |
| Funding of donlin gold | 18,513 | 10,413 | 3,614 | 10,198 |
| Acquisition of property and equipment | - | - | - | 0 |
| Investment in donlin gold (note 5) | 210,050 | - | - | - |
| Proceeds from disposal of equity securities (note 15) | 952 | - | - | 59 |
| Proceeds from sale of mineral property (note 4) | 0 | 0 | 0 | 743 |
| Net cash provided by investing activities | -235,611 | 24,539 | -2,662 | 10,604 |
| Equity issuance (note 9) | 270,754 | 243,839 | - | - |
| Equity issuance costs (note 9) | 11,168 | 9,734 | - | - |
| Withholding tax on share-based compensation | 82 | 82 | 82 | 174 |
| Net cash provided by (used in) financing activities | 259,504 | 234,023 | -82 | -174 |
| Effect of exchange rate changes on cash and cash equivalents | 44 | 39 | -51 | 2 |
| Net change in cash and cash equivalents | 15,945 | 251,512 | -8,255 | -177 |
| Cash and cash equivalents at beginning of period | 42,224 | 42,224 | 42,224 | 45,749 |
| Cash and cash equivalents at end of period | 58,169 | 293,736 | 33,969 | 45,572 |
NOVAGOLD RESOURCES INC (NG)
NOVAGOLD RESOURCES INC (NG)