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NovaGold (NG +5.8%) says it received C$46M from the exercise of warrants held by Electrum...

NovaGold (NG +5.8%) says it received C$46M from the exercise of warrants held by Electrum Strategic Resources, which has increased its stake in NG to 27.2%. By exercising its warrants, Electrum and affiliates also now hold 27.2% of NovaCopper (NCQ +9.6%), which was spun off from NG last year.
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