Novo Resources Corp.

3.4

Canada & British Columbia Vancouver

1075 West Georgia Street, Suite 1980

+1 604 688-9588

novoresources.com

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Company Press Releases

Novo Initiates Due Diligence Under Kalamazoo Option

VANCOUVER, British Columbia, Sept. 29, 2020 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO; OTCQX: NSRPF) is pleased to announce that the TSX Venture Exchange has accepted for filing documentation pertaining to Novo’s terms sheet with Kalamazoo Resources Ltd. (“Kalamazoo”) dated September 22, 2020 (the “Terms Sheet”) whereby Novo has been granted an option to acquire an initial 50% interest in Kalamazoo’s Queens Project in Victoria, Australia. Accordingly, Novo has initiated the six-...

Novo Exercises Option Over GBM Resources' Malmsbury Gold Project

VANCOUVER, British Columbia, Sept. 24, 2020 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO; OTCQX: NSRPF) is pleased to announce that it has exercised its option to earn a 50% interest (the “Interest”) in the Malmsbury gold project (the “Malmsbury Project”) held by ASX-listed GBM Resources Limited (ASX: GBZ) (“GBM”). Transfer of the Interest to Novo is subject to approval from the Victorian Department of Jobs, Precincts and Regions and the Australian Foreign Investment Review Board (...

Novo Sells Part of Blue Spec Project to Calidus Resources for Cash Consideration of A$19.5 Million

VANCOUVER, British Columbia, Sept. 21, 2020 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO; OTCQX: NSRPF) is pleased to announce that it has signed a binding terms sheet (the “Terms Sheet”) with ASX-listed Calidus Resources Limited (“Calidus”) to sell a portion of the Company’s Blue Spec project for gross cash consideration of A$19.5 million (approximately C$18.6 million) (the “Cash Consideration”) (the “Transaction”). The Transaction is subject to the satisfact...

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