Novo Resources Corp. is pleased to announce that it has received conditional approval from the Toronto Stock Exchange to graduate from the TSX Venture Exchange and list its common shares and certain common share purchase warrants on the TSX. Final approval of the listing is subject to the Company fulfilling the TSX’s standard listing conditions. Upon, and subject to, receipt of final TSX approval, Novo’s common shares and [...]
Novo Resources Corp. is pleased to provide an operational update from its Beatons Creek gold project and Nullagine processing facility . Beatons Creek and Nullagine Gold Project Update: Development at Beatons Creek and refurbishment at the Golden Eagle Mill continue to progress safely, on schedule and within budget. Recent key events and milestones include: Iron Mine Contracting Pty Ltd has commenced ramping up activities [...]
Novo Resources Corp. is pleased to announce that it has, in conjunction with Sumitomo Corporation of Tokyo, Japan, completed its earn-in obligations and earned a 70% interest in precious metals rights on Essential Metals Ltd.’s Kangan project. The Kangan project comprises a portion of the Company’s Egina project . Please see the Company’s news releases dated September 17, 2018, and June 7, 2019 for further details. “We [...]
Novo Resources Corp. today announced details of the Company’s upcoming investor presentation to be held subsequent to the Company’s annual general meeting on December 17, 2020. The presentation will begin at 4:30 p.m. PST and will be accessible through a live presentation link . Due to the ongoing health risk related to the COVID-19 pandemic and continuing government restrictions on public gatherings in support of social [...]
Novo Resources Corp. is pleased to announce it has identified a series of highly prospective oxide gold targets within its newly consolidated tenure comprising its 100% controlled Nullagine Gold Project which includes the recently acquired Golden Eagle processing facility . These gold targets add to the significant exploration potential the Company has recently discussed at Beatons Creek . With the Company’s recent [...]
Novo Resources Corp. is pleased to announce it has taken delivery of its Steinert KSS mechanical sorter and provides an operational update from its Beatons Creek gold project and Nullagine processing facility . Mechanical Sorting Update: The Steinert KSS mechanical sorter has arrived into the port of Fremantle and is currently being delivered to Steinert’s test facility; Orders have been placed for all long lead items [...]
Novo Resources Corp. is providing an update on the previously announced sale of a portion of its Blue Spec project comprising mining leases 46/115 and 46/244 and related mining information in Western Australia to ASX-listed Calidus Resources Ltd. . The Company has executed an amended terms sheet and agreed to a revised transaction structure and payment schedule with Calidus as follows: Calidus will pay A$2.5 million to [...]
Novo Resources Corp. reports that its annual general meeting has been scheduled for December 17, 2020 at 4 pm PST. The Company is pleased to announce that its board of directors has proposed that the size of the Board be increased to six directors and has invited Mr. Ross Hamilton of Perth, Western Australia to stand for election to the Board at the Meeting. Mr. Hamilton has over 20 years of international experience in [...]
Novo Resources Corp. is pleased to provide a further operational update from its Beatons Creek gold project and Nullagine processing facility . Development at Beatons Creek and refurbishment at the Golden Eagle Mill continue to make excellent progress, on schedule and within budget. Recent key milestones achieved include: Golden Eagle Mill refurbishment proceeding on schedule; Mining contractor selected; Ongoing grade [...]
Eric Sprott wishes to clarify certain information appearing in the news release issued yesterday regarding his holdings in Novo Resources Corp. On November 5, 2020, The Sprott Foundation, which he controls, sold 40,300 common shares of Novo Resources over the TSX Venture Exchange at a price of $ 3.65 per share for aggregate consideration of $147,095.00. As a result of the sale and previous share issuances by Novo [...]
Novo Resources Corp. is pleased to announce that the TSX Venture Exchange has accepted for listing 7,476,687 common share purchase warrants. The TSXV has advised that these share purchase warrants will be listed for trading on the TSXV under the symbol “NVO.WT” effective at market open on Tuesday, November 10, 2020. A total of 17,192,379 subscription receipts were issued pursuant to the Company’s brokered and non-brokered [...]
Eric Sprott announces that today, The Sprott Foundation, which he controls, sold 40,300 common shares of Novo Resources Corp. over the TSX Venture Exchange at a price of $ 3.65 per share for aggregate consideration of $147,095.00. As a result of the sale and previous share issuances by Novo Resources Corp., Mr. Sprott's partially diluted beneficial ownership of shares decreased to below 10% and, therefore, the filing of [...]
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