Novo Resources Corp T.NVO

Alternate Symbol(s): NSRPF

Metals & Mining Gold

Novo Resources Corp. is a gold explorer focused on discovering gold projects. The Company is engaged primarily in the business of evaluating, acquiring, exploring, and developing natural resource properties with a focus on gold. It has a land package covering approximately 5,500 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. Its key project area is the Egina Gold Camp, where De Grey Mining is farming-in to form a JV at the Becher Project and surrounding tenements through exploration. The Company is also advancing gold exploration at Nunyerry North. It focuses on undertaking early-stage exploration across its Pilbara tenement portfolio. It has also formed a lithium joint venture with SQM Australia Pty Ltd (SQM) in the Pilbara, which provides shareholder exposure to battery metals. Its Belltopper Gold Project comprises the adjacent Malmsbury and Queens projects.

TSX:NVO - Post by User

Novo Resources Corp

Bullboard Posts

Comment by CanMan17on Dec 13, 2007 12:16pm

660 Views

Post# 14014823

RE: SEDAR – Material change report

Let me save you the trouble of looking it up: Interesting! Regards, CanMan17 -------------------------------- The arrangement agreement contains customary provisions prohibiting NUVO from soliciting competing acquisition proposals but, in certain circumstances, allows the Board of Directors of NUVO to accept and recommend a superior proposal if doing so is consistent with its fiduciary duties and upon payment of a termination fee of $500,000 plus expenses of up to $400,000. Under the arrangement agreement, Versata has the right to match a superior proposal.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario