Exhibit 1 STOCK PURCHASE AGREEMENT THIS STOCK PURCHASE AGREEMENT, dated as of July 25, 2005 (this "Agreement"), is made and entered into by and between BNP PARIBAS NORTH AMERICA, INC. ("Seller"), and NOVAGOLD RESOURCES INC., a corporation organized...Stock Purchase Agreement • August 5th, 2005 • BNP Paribas Sa • New York
