NovaGold Amends NovaCopper Articles Prior to Spin-out

NovaGold Resources

today announced that it has eliminated preferred shares from the capital structure of NovaCopper Inc. ("NovaCopper"), which will be spun out in conjunction with the earlier announced Plan of Arrangement. A Notice of Alteration deleting NovaCopper's class of preferred shares was filed with the British Columbia Corporate Registry on March 20, 2012, and filed on SEDAR. NovaGold has made this amendment in response to requests from certain institutional shareholders.