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 > Novo Resources Looks To Raise $22 Million Via Special Warran

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Comment by TXRogerson Apr 14, 2021 9:45am

176 Views

Post# 32991876

RE:RE:Novo Resources Looks To Raise $22 Million Via Special Warran

ValuePro wrote: Was this foreseeable? Am I wrong in taking this as a surprise?

While the market is taking this as bad news, it may not be that at all.

Had I extra cash this morning, I'd be a buyer.

Explanatory news to follow soon, I'm sure, and it will probably more than makeup for this morning's knee-jerk response.

VP in AZ