Novo Completes Malmsbury Option Exercise with GBM Resources Limited
Novo Resources Corp. is pleased to advise that it has completed its option exercise to earn a 50% interest in the Malmsbury gold project held by ASX-listed GBM Resources Limited following the satisfaction of all conditions precedent, including receipt of Australian Foreign Investment Review Board approval . Novo has issued 1,575,387 common shares to GBM as consideration for the exercise of the option. The Option …
Novo Resources Corp. (“ Novo ” or the “ Company ”) (TSX: NVO & NVO.WT; OTCQX: NSRPF) is pleased to advise that it has completed its option exercise to earn a 50% interest in the Malmsbury gold project (the “ Malmsbury Project ”) held by ASX-listed GBM Resources Limited (ASX: GBZ) (“ GBM ”) following the satisfaction of all conditions precedent, including receipt of Australian Foreign Investment Review Board approval (refer to the Company’s news releases dated March 30, 2020 September 2