novo resources

Novo Receives Final Approval to Graduate to Toronto Stock Exchange and Changes Fiscal Year End

Novo Resources Corp. ( "Novo" or the "Company" ) (TSX-V: NVO & NVO.WT; OTCQX: NSRPF) is pleased to announce that it has received final approval from Toronto Stock Exchange (" TSX ") to graduate from the TSX Venture Exchange (the " TSXV ") and list on TSX its common shares (the " Shares ") and all 8,596,184 common share purchase warrants (the " Warrants ") issued pursuant to the Company's brokered and non-brokered private placements in August ( please see the Company's news release dated August 27, 2020 for further details ).

The Shares and Warrants will commence trading on TSX under their existing ticker symbols "NVO" and "NVO.WT", respectively, at the market open on January 4, 2021. Accordingly, December 31 will be the last day of trading of the Company's securities on the TSXV. Shareholders will not be required to take any action in connection with the graduation and listing on TSX.

The Shares will continue to be listed on the OTCQX under the symbol "NSRPF".

The Company also reports that is has changed its fiscal year end from January 31 to December 31 in order to align its financial reporting period with industry peers. Shareholders with any questions are encouraged to contact Ronan Sabo-Walsh, the Company's Chief Financial Officer and Corporate Secretary, at +1-604-562-4854 or ronan.sabo-walsh@novoresources.com with any questions.

About Novo Resources Corp.

Novo is advancing its flagship Beatons Creek gold project to production while exploring and developing its highly prospective land package covering approximately 14,000 square kilometres in the Pilbara region of Western Australia. In addition to the Company's primary focus, Novo seeks to leverage its internal geological expertise to deliver value-accretive opportunities to its shareholders. For more information, please contact Leo Karabelas at (416) 543-3120 or e-mail leo@novoresources.com

On Behalf of the Board of Directors,

Novo Resources Corp.

" Quinton Hennigh "

Quinton Hennigh

Chairman and President

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.


Primary Logo

News Provided by GlobeNewswire via QuoteMedia

The Conversation (0)
Novo Resources

Novo Resources

Exploring and Developing Gold Properties in Australia’s Pilbara Region

Exploring and Developing Gold Properties in Australia’s Pilbara Region Keep Reading...
Keep reading...Show less
Text reads "Weekly Editor’s Picks," over gold bars and silver bars with a large green upward arrow.

Editor's Picks: Gold, Silver Bounce Back After Warsh Scare, Oil Prices Break US$90

The gold price is in recovery mode after last week's speech from US Federal Reserve Chair Kevin Warsh ate away at its end-of-summer gains.The yellow metal slipped briefly below the US$4,300 per ounce level on Tuesday (September 1), but then bounced back, nearly touching US$4,500.Silver was also... Keep Reading...
Aurum Resources (ASX:AUE)

Aurum Adds More High-Grade Gold at Boundiali’s BST1 Deposit

Aurum Resources (ASX: AUE, “Aurum” or “the Company”) is pleased to announce the latest gold intercepts from an ongoing 100,000m diamond drilling program at its 3.22Moz Boundiali Gold Project1 in Côte d'Ivoire. Aurum received assay results from 22 diamond drill (DD) holes at the BST1 deposit,... Keep Reading...
Adam Rozencwajg, gold bars.

Adam Rozencwajg: Oil's Silent Squeeze, Plus When I'll Buy Gold Stocks Again

Adam Rozencwajg, managing partner at Goehring & Rozencwajg, shares his thoughts on the oil market, explaining why the Iran war hasn't been as disruptive as many initially expected. In his view, a developing bottleneck in refining could be the catalyst that ramps up pressure. "Where do prices go... Keep Reading...
Gold bars rest on scattered US dollar bills.

Gold Futures Rally as US-Iran Escalation Drives Bid

Gold futures rallied early on Thursday (September 3), driven by a concrete military escalation between the US and Iran in the Strait of Hormuz that temporarily overrode macroeconomic headwinds.December gold futures opened at US$4,436.40 per ounce, up 0.5 percent from Wednesday's (September 2)... Keep Reading...
One kilogram gold bars spilling out of safe in central bank vault.

Dutch Authorities Move US$11 Billion Gold Stockpile to London

De Nederlandsche Bank (DNB) has shifted more than 10 billion euros (approximately US$11.6 billion) of its gold reserves out of North America and into London and the Netherlands.Between March and August 2026, the Dutch central bank transferred approximately 86 tons of gold from storage facilities... Keep Reading...

Interactive Chart

Latest Press Releases

Related News