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Novagold Resources Inc. (NYSE American:NG, TSX:NG) announced that its board of directors approved amendments to the company’s Code of Business Conduct and Ethics, effective Wednesday. According to a statement in a Securities and Exchange Commission filing, the amendments address policies related to competition and fair dealing, and reiterate the prohibition of certain types of transactions involving the company’s securities.
The company stated that the amendments are intended to clarify existing policies and reflect current organizational practices. Novagold Resources also noted that the changes do not constitute or result in a waiver of any provision of the Code for officers, directors, or employees.
The full text of the amended Code is available on Novagold Resources’ website. The company is incorporated in British Columbia and its common shares are listed on the NYSE American and Toronto Stock Exchange under the symbol NG.
This information is based on a press release statement contained in a recent SEC filing.
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