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Novo Announces Agents' Exercise of Over-Allotment Option and Closing of Brokered Financing Totaling C$26.4 Million


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VANCOUVER, British Columbia, May 04, 2021 (GLOBE NEWSWIRE)
Novo Resources Corp. (
Novo or the
Company ) (TSX:NVO, NVO.WT, OTCQX:NSRPF) is pleased to report that it has closed its previously announced brokered private placement (the
Offering ) of special warrants of the Company (
Special Warrants ) to raise gross proceeds of approximately C$26.4 million. A syndicate of agents led by Clarus Securities Inc. and Stifel GMP as co-lead agents, together with PI Financial Corp., Haywood Securities Inc., CIBC World Markets Inc., and Echelon Wealth Partners Inc. (collectively, the
Agents ), exercised their over-allotment option to increase the size of the Offering from C$22 million to C$26.4 million. ....

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Novo Announces C$22 Million Private Placement Led by Clarus Securities and Stifel GMP


VANCOUVER, British Columbia, April 14, 2021 (GLOBE NEWSWIRE)
Novo Resources Corp. (“
Novo” or the “
Company”) (TSX: NVO & NVO.WT; OTCQX: NSRPF) has appointed Clarus Securities Inc. and Stifel GMP as co-lead agents on behalf of a syndicate of agents, to raise, by way of a marketed private placement, C$22 million ‎(or up to C$26.4 million if the Agents’ Option (as defined below) is exercised in full) (the “
Offering”).
Pursuant to the proposed Offering, the Company will issue special warrants (“
Special Warrants“) of the Company at a price of C$2.55 per Special Warrant. Each Special Warrant will be convertible into one unit of the Company (each, a “ ....

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Investors Keep an Eye on Gold as Governments Worldwide Take Action


Investors Keep an Eye on Gold as Governments Worldwide Take Action
- FinancialBuzz.com News Commentary
NEW YORK, Feb. 19, 2021 /PRNewswire/ Gold prices were stable on Thursday. However, the economic landscape is becoming more complex and Bitcoin now competes with the yellow metal for a safe-haven status. Furthermore, the road ahead in 2021 remains unclear in terms of where the economy is headed. Nevertheless, gold is expected to bounce back. According to a report by Kitco, the U.S. government continues to move forward with its proposed USD 1.9 Trillion stimulus package to support the U.S. economy further after the fallout from the pandemic. The U.S. is not unique in that regards, as central banks around the world are maintaining very supportive monetary policies and growing their balance sheets to record levels. The threat of global currency debasement is real and continues to increase the longer the pandemic restriction remains in effect. Therefore, the issue may not be ....

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Novo Announces Inaugural Commissioning Gold Pour at Beatons Creek Gold Project


Novo Announces Inaugural Commissioning Gold Pour at Beatons Creek Gold Project
Novo Resources Corp. is pleased to announce that it has poured its first gold bar from the Company’s Beatons Creek gold project in Nullagine, Western Australia . The Company’s inaugural commissioning gold pour was achieved following refurbishment of the Golden Eagle mill and rapid development of the Project, both of which have been completed on time and under budget. Key recent project milestones: February 16, …
Novo Resources Corp. (“ Novo ” or the “ Company ”) (TSX: NVO & NVO.WT; OTCQX: NSRPF) is pleased to announce that it has poured its first gold bar from the Company’s Beatons Creek gold project (the “ Project ”) in Nullagine, Western Australia ( Figure 1 and Figure 2 ). ....

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