Novo Resources: Maiden Drill Program Commences at Nunyerry North
Real-Time News, Market Data and Stock Quotes For Junior Mining Stocks.
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Flush with cash from an oversubscribed IPO and a $35 million deal with neighbouring mining giant De Grey Mining for its Becher project, Novo Resources Corporation has officially launched on the ASX. The successful IPO netted the company, which is also listed in Canada, $7.5 million before costs through the issue of 37.5 million common shares to Australian residents only.
HIGHLIGHTS Novo admitted to ASX under the ticker ‘NVO’ listing 37.5 million CDIs following successful completion of dual ASX:TSX listing. Novo's IPO was...
Weekly update on stockbroker recommendation, target price, and earnings forecast changes
HIGHLIGHTS Novo admitted to ASX under the ticker ‘NVO' listing 37.5 million CDIs following successful completion of dual ASX:TSX listing. Novo's IPO was oversubscribed raising the maximum of A$7.5 million at A$0.20