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
New Break Announces Receipt of DTC Eligibility in the United States

New Break Announces Receipt of DTC Eligibility in the United States

New Break Resources Ltd. (CSE: NBRK) (OTCQB: NBRKF) (FSE: O91) ("New Break" or the "Company") is pleased to announce that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company ("DTC"). As a subsidiary of the Depository... Keep Reading...
Hand holding smartphone displaying Tether Gold with buy and sell options.

Tether's Gold Rush: Stablecoins Modernizing Precious Metals Investment

Gold is becoming more mainstream with the help of blockchain technology.With global instability on the rise, safe-haven assets such as gold have become increasingly attractive, while high-risk, high-reward cryptocurrencies such as Bitcoin are proving to be too volatile for investors with a low... Keep Reading...
Person in white shirt using a calculator beside stacked gold bars and coins on a dark table.

Jordan Rusche: My Gold Stock Strategy, Plus Unloved Commodities to Watch

Jordan Rusche of Mining Stock Monkey shares his outlook for gold and how he's approaching gold stocks right now — in his view, it's key for investors to protect their downside. He also weighs in on recent M&A activity, including Equinox Gold's (TSX:EQX,NYSEAMERICAN:EQX) plan to acquire Orla... Keep Reading...
Two gold bars on a financial chart with blue and yellow candlestick patterns; text reads: FINE GOLD 999.9 NET WT 1000g.

Precious Metals News: Tug-of-War Still at Play For Gold and its Sister Metals

Precious metals remain under pressure from the US-Iran stalemate and the resulting worsening macroeconomic outlook.This past week, prices for gold, silver, platinum and palladium experienced a sharp mid-May sell-off brought on by sticky inflation and a stronger US dollar, followed by a late-week... Keep Reading...

Interactive Chart

Latest Press Releases

Related News