Form 51-102F3
MATERIAL CHANGE REPORT
Item 1. | Name and Address of Reporting Issuer |
NovaGold Resources Inc. (“NovaGold” or the “Company”) | |
Suite 2300 | |
200 Granville Street | |
Vancouver, BC V6C 1S4 | |
Item 2. | Date of Material Change |
February 16, 2011 | |
Item 3. | News Release |
A press release announcing the material changes referred to in this report was disseminated by Marketwire on February 18, 2011 and filed on SEDAR at www.sedar.com and EDGAR at www.sec.gov. | |
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Item 4. | Summary of Material Change |
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On February 16, 2011, NovaGold’s Board of Directors approved the appointment of Elaine Sanders to the position of Vice President and Chief Financial Officer. | |
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Item 5. | 5.1 - Full Description of Material Change |
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On February 16, 2011, NovaGold’s Board of Directors approved the appointment of Elaine Sanders to the position of Vice President and Chief Financial Officer. Ms. Sanders joined NovaGold as Controller in March 2003, was promoted to Vice President Finance in 2006, was appointed Corporate Secretary in 2008 and has been Interim CFO since April 2010. | |
5.2 - Disclosure for Restructuring Transactions | |
None. | |
Item 6. | Reliance on subsection 7.1(2) and (3) of National Instrument 51-102 |
Not applicable. | |
Item 7. | Omitted Information |
Not applicable. |
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Item 8. | Executive Officer |
The following senior officer of NovaGold is knowledgeable about the material change and may be contacted by any of the Securities Commissions with respect to the change: | |
Rick Van Nieuwenhuyse | |
Telephone: (604) 669-6227 | |
Fax: (604) 669-6272 | |
Item 9. | Date of Report |
February 18, 2011 |