Novo Provides Warrawoona Joint Venture Update and Receives Next A$5 Million Blue Spec Instalment From Calidus
Novo Resources Corp. is pleased to announce that it has received a second payment totaling A$5 million from Calidus Resources Limited for certain tenements comprising the Company’s Blue Spec project . Calidus now holds a 25% interest in the Blue Spec Project. In order to complete the purchase of the remaining 75% interest in the Blue Spec Project, Calidus must, by March 31, 2021, pay and issue to the Company a …
Novo Resources Corp. (“ Novo ” or the “ Company ”) (TSX: NVO & NVO.WT; OTCQX: NSRPF) is pleased to announce that it has received a second payment totaling A$5 million from Calidus Resources Limited (“ Calidus ”) (ASX: CAI) for certain tenements comprising the Company’s Blue Spec project (the “ Blue Spec Project ”) ( please see the Company’s news releases dated September 21, 2020 and November 25, 2020 for further details ). Calidus now holds a