Asia Pacific Resources (01104.HK) subsidiary acquires shares of NOVAGOLD.

The Zhitong Finance APP News, Asia Pacific Resources (01104.HK) announced that on May 8, 2025 (New York time), its subsidiary accepted and was allocated 2.5 million shares of Novagold through public offering, equivalent to approximately 0.63% of Novagold's issued share capital as of the date of this announcement. The total amount involved is approximately 9.375 million US dollars (excluding transaction costs), or approximately $3.75 per share.