Mr. Michael Spreadborough reports

NOVO ANNOUNCES CHANGE OF OFFICERS

Ronan Sabo-Walsh has resigned as Novo Resources Corp.'s chief financial officer (CFO) and corporate secretary.

Elza van der Walt has been appointed as chief financial officer and joint corporate secretary. Lisa Smith is appointed as general counsel and joint corporate secretary. Both appointments are effective as of Aug. 21, 2023.

The company would like to thank Mr. Sabo-Walsh for his services and notable contribution to the company and wish him success in the future.

The Toronto Stock Exchange has approved an extension to the holding of the company's annual general meeting of shareholders to Oct. 31, 2023.

About Novo Resources Corp.

Novo explores and develops its prospective land package covering approximately 10,500 square kilometres in the Pilbara region of Western Australia, along with the 22-square-kilometre Belltopper project in the Bendigo tectonic zone of Victoria, Australia. In addition to the company's primary focus, Novo seeks to leverage its internal geological expertise to deliver value-accretive opportunities to its stakeholders.