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 6,700 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 lithium joint ventures with both Liatam and 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

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Comment by Millskingon Oct 21, 2017 5:16am

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Post# 26840122

RE:RE:Novo has 2 new directors

TXRogers wrote:
Athelstan wrote: Tx - would be interested on your intrpretation of this change:
VANCOUVER, BC, October 20, 2017 – Novo Resources Corp. (TSX-V: NVO; OTCQX: NSRPF) (“Novo” or the “Company”) reports the appointment of Messrs. Rob Humphryson and Michael Barrett as directors of the Company, replacing Messrs. Luca Bechis and Herrick Lau who have resigned. The Company would like to thank Messrs. Bechis and Lau for their invaluable contributions throughout their tenure and wishes them well in their future endeavours.

Mr. Michael Barrett has over 26 years’ international experience in top-rated organisations, including Deloitte, Rio Tinto, WMC Resources and PWC. Mr. Barrett is a highly-regarded former CFO with extensive board level strategic experience, combined with hands-on operational experience and deep international capital markets experience. Mr. Barrett is a Chartered Accountant and started his career with PWC in London, UK. From 2004 until 2015, Mr. Barrett was based in the US with Rio Tinto's energy business unit. Promoted to CFO in 2007, he was instrumental in leading Rio's divestment of the division and, in 2009, successfully listing the business on the NYSE as Cloud Peak Energy Inc. with a valuation of approximately US$2 billion. From 2009 to 2015, Michael was CFO of Cloud Peak Energy, one of the largest listed coal producers in the US, helping steer the business through a period of significant disruption in US markets. After returning from the US to Perth in 2015, Mr. Barrett spent two years as National Lead Partner for Deloitte's Risk Advisory Energy and Resources practice, where he specialised in corporate governance, board advisory and risk management for many of the largest mining and energy and resources companies nationally.

Hi Athelstan. I made some comments on this previously. The appointments are quite expected and welcome. As you see from the backgrounds, M&A and Exchange Listing financial restructuring are core competencies of the individuals. All critical skills when you need to fuse companies together and build a Major. Tx

Good pickups......

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