Novo Resources Corp T.NVO

Alternate Symbol(s): NSRPF

Metals & Mining Gold

Novo Resources Corp. is engaged in evaluating, acquiring, exploring, and developing natural resource properties with a focus on gold. The Company explores and develops its prospective land package covering approximately 7,500 square kilometers in the Pilbara region of Western Australia, along with the 22 square kilometer Belltopper project in the Bendigo Tectonic Zone of Victoria, Australia. The Company operates through two segments: care & maintenance operations and exploration operations.

TSX:NVO - Post by User

Novo Resources Corp > Private Placement

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Post by Redflameon Aug 05, 2020 4:59pm

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Post# 31369199

Private Placement

Another slap in the face to Kirkland Lake. Over 13 million shares at $3.25 issued one month before Kirkland Lake's 14 million warrants expire at $6. Of course Kirkland Lake could have chosen to participate. It could be Kirkland did participate but if Kirkland didn't want to, then it seems the 14 million warrants are toast.

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