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Novo Resources Corp T.NVO

Alternate Symbol(s):  NSRPF

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

Bullboard Posts
Comment by paulindoonon Oct 06, 2017 9:49am
170 Views
Post# 26785151

RE:Sedar “Early warning report”

RE:Sedar “Early warning report”Sorry, also meant to include following:

3.4. Security holding percentage in the class of securities, immediately before and after the transaction or other occurrence that triggered the requirement to file this report.
Prior to the Acquisition, Mr. Sprott beneficially owned 11,797,192 Shares and  7,951,038 Share purchase warrants, representing approximately 8.3% of the current outstanding Shares on a non-diluted basis and approximately 13.2% on a partially diluted basis assuming exercise of such warrants (but approximately 9.8% and 15.4%, respectively, of the then outstanding Shares).
After giving effect to the Acquisition, Mr. Sprott beneficially owns and controls 13,005,692 Shares and 10,723,038 warrants representing approximately 9.1% of the issued and outstanding Shares on a non-diluted basis, and approximately 15.5% on a partially diluted basis assuming exercise of all warrants.  
Bullboard Posts