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
Adrian Day, gold bars.

Adrian Day: Gold Dips Bought Quickly, Price Run Not Over Yet

Adrian Day, president of Adrian Day Asset Management, shares his latest thoughts on what's moving the gold price, emphasizing that its bull run isn't over yet. "It's monetary factors that are driving gold — that's what's fundamentally driving gold," he said. "Monetary factors, lack of trust in... Keep Reading...
Brien Lundin, gold bars.

Brien Lundin: Gold, Silver Stock Run Just Starting, Get in Now

Brien Lundin, editor of Gold Newsletter and New Orleans Investment Conference host, shares his stock-picking strategy at a time when high metals prices are beginning to lift all boats. In his view, gold and silver equities may still only be in the second inning. Don't forget to follow us... Keep Reading...
Gold bars in front of the Venezuelan flag.

Venezuela Gold Set for US Market in Brokered Deal

A new US-Venezuela gold deal could soon channel hundreds of kilograms of bullion from the South American nation into American refineries.Venezuela’s state-owned mining company, Minerven, has agreed to sell between 650 and 1,000 kilograms of gold dore bars to commodities trading house Trafigura... Keep Reading...
Rick Rule, mine site.

Rick Rule: Gold Price During War, Silver Strategy, Oil Stock Game Plan

Rick Rule, proprietor at Rule Investment Media, shares updates on his current strategy in the resource space, mentioning gold, silver, oil and agriculture. He also reminds investors to pay more attention to gold's underlying drivers than to current events.Click here to register for the Rule... Keep Reading...
Lobo Tiggre, gold bars.

Lobo Tiggre: Gold, Oil in Times of War, Plus My Shopping List Now

Lobo Tiggre of IndependentSpeculator.com shares his thoughts on how gold, silver and oil could be impacted by the developing situation in the Middle East. He cautioned investors not to chase these commodities if prices run. Don't forget to follow us @INN_Resource for real-time updates!Securities... Keep Reading...
TomaGold President, CEO and Director David Grondin.

TomaGold: New High-grade Deep Discovery at Berrigan Mine

TomaGold (TSXV:LOT) President, CEO and Director David Grondin said the company is focusing on its flagship Berrigan mine in Chibougamau, Québec, following a large, significant discovery at depth.Berrigan is 4 kilometers northwest of the city of Chibougamau and has existed for about 50 years.... Keep Reading...

Interactive Chart

Latest Press Releases

Related News