NEW YORK, NEW YORK — (Marketwire) — 05/10/12 — Electrum Strategic Resources LLC ("Electrum") announces that it acquired ownership of 8,872,033 common shares ("Shares") of NovaCopper Inc. ("NovaCopper") and warrants (the "Warrants") exercisable for an additional 5,222,879 Shares, pursuant to a plan of arrangement completed by NovaGold Resources Inc. to spinoff NovaCopper into a separate company on April 30, 2012.Electrum owns 8,872,033 Shares represent
NEW YORK, NEW YORK — (Marketwire) — 03/19/12 — Electrum Strategic Resources LLC ("Electrum") announced that it intends to exercise all of the warrants of NovaGold Resources Inc. ("NovaGold") it holds pursuant to which Electrum will acquire 32,737,278 common shares (the "Common Shares") of NovaGold. Electrum expects to effect such exercise prior to the effective date of NovaGold-s Plan of Arrangement in connection with its spin-out of its wholly-owned subsidiary
NEW YORK, NEW YORK — (Marketwire) — 02/15/12 — Electrum Strategic Resources LLC ("Electrum") announces that it has acquired 1,315,789 common shares (the "Common Shares") of NovaGold Resources Inc. ("NovaGold"). The Common Shares acquired were part of a "bought deal" financing completed by NovaGold on February 7, 2012 (the "Offering").After such acquisition Electrum owns 53,232,201 Common Shares representing approximately 19.15% of the issued
