NOVAGOLD RESOURCES INC. - and - COMPUTERSHARE TRUST COMPANY OF CANADA _________________________________________________________ WARRANT INDENTURE Providing for the Issue of up to 3,500,000 Common Share Purchase Warrants...Warrant Indenture • October 29th, 2003 • Novagold Resources Inc • Nova Scotia
NOVAGOLD RESOURCES INC., a company incorporated under the Companies Act (Nova Scotia), having an office at NovaGold Resources Inc., Four Bentall Centre, #3454 - 1055 Dunsmuir Street, Vancouver, British Columbia, V7X 1K8
UNDERWRITING AGREEMENTUnderwriting Agreement • October 29th, 2003 • Novagold Resources Inc • Nova Scotia
Salman Partners Inc., Canaccord Capital Corporation, BMO Nesbitt Burns Inc. and First Associates Investments Inc. (collectively, the “Underwriters”) understand that NovaGold Resources Inc. (the “Corporation”) proposes to issue and sell 5,000,000 units (“Units”) of the Corporation at a purchase price of $5.00 per Unit (the “Purchased Units”). Each Unit is comprised of one Common Share and one-half of one Common Share Purchase Warrant (as those terms are defined below). Each whole Common Share Purchase Warrant shall entitle the holder thereof to purchase one Warrant Share (as defined below) of the Corporation at a price of $7.00 at any time during the period commencing on the Closing Date and ending at 4:30 p.m. (Vancouver time) on the Common Share Purchase Warrant Expiry Date (as those terms are defined below).
