Novo Resources Corp.

HIGHLIGHTS Novo admitted to ASX under the ticker 'NVO' listing 37.5 million CDIs following successful completion of dual ASX:TSX listing. Novo's IPO was oversubscribed raising the maximum of A$7.5 million at A$0.20 per CDI, with strong support from local institutional and sophisticated investors. ASX listing opens up a more ready accessible Australian capital base to Novo, with greater access to liquidity and increased [...]

Novo Resources Corp. is pleased to announce the Company has completed its Initial Public Offering of a A$7.5 million raise, before costs, through the issue of 37,500,000 common shares at A$0.20 per CDI) which was led by Argonaut PCF. The CDIs are issued in the ratio of 1 CDI for 1 common share. The IPO was open to residents of Australia only. The raising was conducted ahead of commencement of trading and dual listing on [...]

HIGHLIGHTS Novo has received full over-subscriptions for its maximum A$7.5 million raising under ASX IPO. With the offer fully subscribed, Novo has closed the offer period ahead of schedule. Proposed ASX listing presents an opportunity to enhance Novo's profile across a broader mix of investors and facilitate the potential for further growth of its Pilbara gold exploration portfolio. Novo is in discussions with ASX [...]

Novo Resources Corp. announces that Mr Ronan Sabo-Walsh has resigned as the Company's Chief Financial Officer and Corporate Secretary. Ms Elza van der Walt has been appointed as CFO and joint Corporate Secretary. Ms Lisa Smith is appointed as General Counsel and joint Corporate Secretary. Both appointments are effective as of 21 August 2023. The Company would like to thank Mr Sabo-Walsh for his services and notable [...]

HIGHLIGHTS Novo's partner De Grey Mining Ltd. is planning ~ 39,000 m of aircore, reverse circulation and diamond drilling, commencing in September on the Egina joint venture area1, focussing initially at Becher. Novo will carry out ~ 2,000 m of reverse circulation drilling at Nunyerry North to test structurally controlled high-priority gold targets and extensive gold in soil anomalies, beginning in September [...]

Not for distribution to United States Newswire Services or for dissemination in the United States HIGHLIGHTS Offer period now open for Novo's planned initial public offering on the Australian Securities Exchange 1 Prospectus lodged on 2 August 2023 with the Australian Securities and Investments Commission which outlines plans to raise gross proceeds of A$4.0 million 2 through the issue of 20 million Chess Depositary [...]

Not for distribution to United States Newswire Services or for dissemination in the United States HIGHLIGHTS Novo has lodged a Prospectus with the Australian Securities and Investments Commission to undertake an initial public offering in Australia of Chess Depositary Interests and to seek to dual list on the Australian Securities Exchange The Novo Board believes listing on the ASX will: Enhance the profile of Novo across [...]

HIGHLIGHTS 8,000 m of drilling planned for H2 2023 across key Pilbara prospects and Belltopper gold project in Victoria1. Drill programs are expected to support future shareholder value and planned ASX dual listing process, which remains proposed for Q3 2023. Recent A$10 million cornerstone investment and earn-in and joint venture 2 with De Grey Mining Ltd. highlights exciting future of Novo's Becher project. The Egina JV [...]

Not for distribution to United States Newswire Services or for dissemination in the United States HIGHLIGHTS Closing of A$10 million cornerstone investment in Novo by De Grey Mining Ltd. via the issuance of 35,223,670 common shares of Novo at a price of approximately C$0.255 per Share, representing an undiluted 11.6% post-Financing position in Novo De Grey to advance Becher Gold Project and adjacent tenements through an [...]

HIGHLIGHTS Major Western Australian gold developer De Grey Mining Ltd. to spend up to A$25 million on exploration of Novo's Becher Gold Project and adjacent tenements, encompassing approximately 1,000 sq. km, through an earn-in and joint venture under a binding Heads of Agreement . De Grey will earn a 50% direct stake in the relevant tenements by spending A$25 million on exploration within four years, with a minimum [...]