Liatam Mining Investment Closed
2023年12月30日 - 12:25AM
Novo Resources Corp. (
Novo or the
Company) (ASX: NVO) (TSX: NVO & NVO.WT.A)
(OTCQX: NSRPF) is pleased to announce that the additional
investment by Liatam in Novo of A$1.8 million (approximately C$1.6
million) has closed and the 9,000,000 common shares subscribed for
have been issued at a price of A$0.20 (C$0.18) per share,
increasing their shareholding from ~3% to ~6%. Liatam has a right
to transmute the issued shares into ASX CDIs following expiry of
the 4-month hold period to which the purchased shares are subject.
The funds received are intended to be utilised
to advance Novo’s Pilbara exploration drilling and reconnaissance
programs in the southern Egina Gold Camp at Nunyerry North, the
Balla Balla Gold Project and at the Belltopper Project in
Victoria.
This investment follows the formation of the
Quartz Hill Joint Venture between Novo and Liatam1.
ABOUT NOVO
Novo explores and develops its prospective land
package covering approximately 7,500 square kilometres in the
Pilbara region of Western Australia, along with the 22 square
kilometre Belltopper project in the Bendigo Tectonic Zone of
Victoria, Australia. In addition to the Company’s primary focus,
Novo seeks to leverage its internal geological expertise to deliver
value-accretive opportunities to its shareholders.
______________________________
1 See Novo’s news release of 15 December 2022.
See also paragraph 9.6 of Novo’s ASX IPO prospectus dated 2 August
2023 and Novo’s news release on 20 December 2023.
CONTACT
Investors:Mike Spreadborough +61 8 6400 6100
info@novoresources.com |
North American Queries:Leo Karabelas+1 416 543
3120leo@novoresources.com |
Media:Cameron Gilenko+61 466 984
953cgilenko@citadelmagnus.com |
On Behalf of the Board of Directors,
Novo Resources Corp.“Michael
Spreadborough”Michael
Spreadborough Executive
Co-Chairman and Acting CEO
FORWARD-LOOKING INFORMATION
Some statements in this news release contain
forward-looking information (including within the meaning of
Canadian securities legislation) including, without limitation, the
intended use of proceeds from the private placement with Liatam.
These statements address future events and conditions and, as such,
involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements to
be materially different from any future results, performance or
achievements expressed or implied by the statements. Such factors
include, without limitation, receipt of final TSX approval to the
private placement, customary risks of the resource industry and the
risk factors identified in Novo’s annual information form for the
year ended December 31, 2022, which is available under Novo’s
profile on SEDAR+ at www.sedarplus.ca. Forward-looking statements
speak only as of the date those statements are made. Except as
required by applicable law, Novo assumes no obligation to update or
to publicly announce the results of any change to any
forward-looking statement contained or incorporated by reference
herein to reflect actual results, future events or developments,
changes in assumptions or changes in other factors affecting the
forward-looking statements. If Novo updates any forward-looking
statement(s), no inference should be drawn that the Company will
make additional updates with respect to those or other
forward-looking statements.
Novo Resources (TSX:NVO.WT)
過去 株価チャート
から 4 2024 まで 5 2024
Novo Resources (TSX:NVO.WT)
過去 株価チャート
から 5 2023 まで 5 2024