21:29:03 EDT Wed 17 Jul 2024
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Novo Resources Corp
Symbol NVO
Shares Issued 354,630,279
Close 2024-06-03 C$ 0.14
Market Cap C$ 49,648,239
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Novo director Hamilton, company secretary Smith resign

2024-06-04 16:12 ET - News Release

Mr. Mike Spreadborough reports


Ross Hamilton has resigned as a director of Novo Resources Corp.

Mike Spreadborough, executive co-chairman, shared: "On behalf of the company's directors, employees and stakeholders, I would like to sincerely thank Mr. Hamilton for his tireless commitment to Novo over the last 3.5 years as a non-executive director and chair of the sustainability committee. We wish him all the best for future."

The company also advises that Lisa Smith has completed her time as joint company secretary of the company.

Mr. Spreadborough shared: "On behalf of the company's directors, employees and stakeholders, I would like to sincerely thank Ms. Smith for her commitment to Novo and her significant contribution in completion of the [Australian Securities Exchange] listing in September, 2023. Her extensive experience has been invaluable. We wish her all the best for future."

About Novo Resources Corp.

Novo is an Australian-based gold explorer listed on the ASX and the Toronto Stock Exchange focused on discovering stand-alone gold projects with greater-than-one-million-ounce development potential. Novo is an innovative gold explorer with a significant land package covering approximately 7,000 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 vanguard project is the Egina gold camp, where De Grey is farming in at Becher and surrounding tenements through an exploration expenditure of $25-million (Australian) within four years for a 50-per-cent interest. Significant gold mineralization has also been identified at Nunyerry North. This area is part of the Croyden joint venture (Novo 70 per cent and Creasy group 30 per cent).

With a dedicated and disciplined acquisition program in place to identify value accretive opportunities and through its exposure to non-core minerals and metals through joint partnerships, Novo is focused on building further value for shareholders.

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