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Novo Receives Final Approval to Graduate to Toronto Stock Exchange and Changes Fiscal Year End

Novo Resources Corp. ( “Novo” or the “Company”) (TSX-V: NVO & NVO.WT; OTCQX: NSRPF) is pleased to announce that it has received final approval from Toronto Stock Exchange (“ TSX”) to graduate from the TSX Venture Exchange (the “ TSXV”) and list on TSX its common shares (the “ Shares”) and all 8,596,184 common share purchase warrants (the “ Warrants”) issued pursuant to the Company’s brokered and non-brokered private placements in August ( please see the Company’s news release dated for further details). The Shares and Warrants will commence trading on TSX under their existing ticker symbols “NVO” and “NVO.WT”, respectively, at the market open on January 4, 2021. Accordingly, December 31 will be the last day of trading of the Company’s securities on the TSXV. Shareholders will not be required to take any action in connection with the graduation and listing on TSX.

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