Not for Distribution to United States Newswire Services or for dissemination in the United States
VANCOUVER, British Columbia, May 26, 2021 (GLOBE NEWSWIRE) .
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
Share:
VANCOUVER, British Columbia, May 04, 2021 (GLOBE NEWSWIRE)
Novo Resources Corp. (
Novo or the
Company ) (TSX:NVO, NVO.WT, OTCQX:NSRPF) is pleased to report that it has closed its previously announced brokered private placement (the
Offering ) of special warrants of the Company (
Special Warrants ) to raise gross proceeds of approximately C$26.4 million. A syndicate of agents led by Clarus Securities Inc. and Stifel GMP as co-lead agents, together with PI Financial Corp., Haywood Securities Inc., CIBC World Markets Inc., and Echelon Wealth Partners Inc. (collectively, the
Agents ), exercised their over-allotment option to increase the size of the Offering from C$22 million to C$26.4 million.
Novo to File Beatons Creek Technical Report
Not for Distribution to United States Newswire Services or for dissemination in the United States Novo Resources Corp. is pleased to announce that it will today file a technical report prepared pursuant to National Instrument 43-101 Standards of Disclosure for Mineral Projects related to its March 31, 2021 news release announcing the results of a preliminary economic assessment for its Beatons Creek conglomerate … Not for Distribution to United States Newswire Services or for dissemination in the United States
Novo Resources Corp. (“ Novo ” or the “ Company ”) (TSX: NVO & NVO.WT; OTCQX: NSRPF) is pleased to announce that it will today file a technical report prepared pursuant to National Instrument 43-101 Standards of Disclosure for Mineral Projects (“ NI 43-101 ”) related to its March 31, 2021 news release announcing the results of a preliminary economic assessment (“ PEA ”) for its Beatons Creek conglomerate gold pr
VANCOUVER, British Columbia, April 29, 2021 (GLOBE NEWSWIRE)
Novo Resources Corp. (“
Novo” or the “
Company”) (TSX: NVO & NVO.WT; OTCQX: NSRPF) is pleased to provide an update of the ramp-up of operations at the Beatons Creek conglomerate gold project in Western Australia (“
Beatons Creek”).
Highlights
Commissioning and ramp up have progressed safely (no lost time injuries recorded to date) and within expectations amid a favourable gold price environment (Australian gold price currently above A$2,275 per oz)
Since commencement of processing operations on February 3, 2021 and pouring of Novo’s first gold bar on February 16, 2021, a total of 7,375 fine oz Au and 1,158 fine oz Ag have been sold to date