By: Benzinga
NOVAGOLD Issues Notification of Put Option to Holders of its Convertible Debt
NOVAGOLD RESOURCES INC.(NYSE: NG ) today notified holders ("Holders") of its outstanding 5.5% Convertible Notes due May 1, 2015 (the "Notes") that they have the option to require NOVAGOLD to purchase for cash all or a portion of their Notes held on May 1, 2013 (the "Put Option"). The Put Option can be
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