Mr. Michael Spreadborough reports

NOVO RESOURCES TO TRADE ON THE OTCQB MARKET

Novo Resources Corp. has transitioned its trading platform from the OTCQX to the OTCQB market in the United States.

Effective immediately, Novo will trade on the OTCQB under the ticker symbol NSRPF. This transition reflects the company's evolving strategic priorities while continuing to provide an opportunity for increased engagement with the U.S. investment community while maintaining access to a highly respected U.S. trading platform.

"We are pleased to make this transition to the OTCQB, which is better suited to our current growth stage and offers a more efficient, cost-effective platform for both our shareholders and potential investors," said Michael Spreadborough, executive co-chairman of Novo. "Our commitment to advancing gold exploration in Western Australia remains steadfast, and this change will help enhance our market presence in the U.S. and beyond, ultimately supporting our goal of creating long-term value for stakeholders."

The OTCQB is a premium tier of the OTC Markets Group, offering increased visibility, higher compliance standards and greater trading efficiency. Despite the change, Novo remains committed to transparency, regular communication with investors and providing operational updates.

Novo continues to trade on the Toronto Stock Exchange under the symbol NVO and on the Australian Securities Exchange under the symbol NVO.

About Novo Resources Corp.

Novo is an Australian-based gold explorer listed on the ASX and the TSX focused on discovering stand-alone gold projects with greater than one million ounces of development potential. Novo is an innovative gold explorer with a significant land package covering approximately 5,500 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.

Novo's key project area is the Egina gold camp, where De Grey Mining is farming in to form a joint venture at the Becher project and surrounding tenements through exploration expenditure of $25-million (Australian) within four years for a 50-per-cent interest. The Becher project has similar geological characteristics as De Grey's 12.7-million-ounce Hemi project. Novo is also advancing gold exploration at Nunyerry North, part of the Croydon JV (Novo 70 per cent/Creasy Group 30 per cent), where 2023 exploration drilling identified significant gold mineralization. Novo continues to undertake early-stage exploration across its Pilbara tenement portfolio.

Novo has a significant investment portfolio and a disciplined program in place to identify value accretive opportunities that will build further value for shareholders.