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

Post by santi69on Mar 03, 2016 6:53pm

112 Views

Post# 24619906

This new Financing is @ .60 cents CAD

This is my read. The only logical explanation is that this extra financing (at this price of .60) may be an incentive/bonus for Sprott as perhaps they are helping the company on the convertible debenture issue. Just my guess.

In any event, as I can't participate in this debenture, I did pick up another 12K shares at the .84 level today.

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?