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What's going on with the recent Novo Resources financing? Sprott Lending facility: not an attractive proposition. Novo's cash burn: things look tight! For further details see: Novo Resources' Precarious Cash Balance
Not for Distribution to United States Newswire Services or for dissemination in the United States VANCOUVER, British Columbia, April 14, 2021 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“ Novo ” or the “ Company ”) (TSX: NVO & NVO.WT; OTCQX:...
Novo Resources (NSRPF) has entered into an agreement to amend certain terms of its outstanding $60M credit facility with Sprott Resource Lending and Sprott Private Resources Lending II and has drawn down an additional $5M. In order to retain financial flexibility as Novo advances its Beatons ...
VANCOUVER, British Columbia, April 09, 2021 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“ Novo ” or the “ Company ”) (TSX: NVO & NVO.WT; OTCQX: NSRPF) is pleased to announce that it has entered into an agreement to amend certain terms of its outstan...
VANCOUVER, British Columbia, March 31, 2021 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“ Novo ” or the “ Company ”) (TSX: NVO & NVO.WT; OTCQX: NSRPF) is pleased to announce completion of a preliminary economic assessment (“ PEA ”)...
VANCOUVER, British Columbia, March 23, 2021 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“ Novo ” or the “ Company ”) (TSX: NVO & NVO.WT; OTCQX: NSRPF) is providing an update on the previously announced sale (the “ Transaction ”) of...
VANCOUVER, British Columbia, March 22, 2021 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“ Novo ” or the “ Company ”) (TSX: NVO & NVO.WT; OTCQX: NSRPF) is pleased to announce that it has exercised its option to earn a 50% interest in the Queens gold ...
FinancialBuzz.com News Commentary New York, NY (2/19/2021) – Gold prices were stable on Thursday. However, the economic landscape is becoming more complex and Bitcoin now competes with the yellow metal for a safe-haven status. Furthermore, the road ahead in 2021 remains unclear i...
VANCOUVER, British Columbia, Feb. 16, 2021 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“ Novo ” or the “ Company ”) (TSX: NVO & NVO.WT; OTCQX: NSRPF) is pleased to announce that it has poured its first gold bar from the Company’s Beatons Cree...
Novo Resources made a major shift in its business model recently, acquiring a mill next door to its Beatons Creek Project, and aiming to head into production before H2 2021. Assuming the operation is successful, this should allow the company to begin exploring its other tenements in A...
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HIGHLIGHTS Follow-up aircore ( AC ) and reverse circulation ( RC ) drilling programs have been commenced by De Grey Mining ( De Grey ) at Novo’s flagship Becher Project ( Becher ), using two drill rigs. The focus is on testing gold and base metal mineralisatio...
VANCOUVER, British Columbia, June 04, 2024 (GLOBE NEWSWIRE) -- Novo Resources Corp. ( Novo or the Company ) (ASX: NVO) (TSX: NVO) (OTCQX: NSRPF) advises that Mr Ross Hamilton has resigned as a director of the Company. Mr Mike Spreadborough Executive Co-Chairman shared, “...
HIGHLIGHTS Novo Executive Co-Chairman and Acting CEO Mike Spreadborough said. “It is exciting to see promising results in the Belltopper drill results and identifying new gold reefs. Our team is focussed on determining the best way forward following the results received. ...