Latest Novo Res Corp (NSRPF) Headlines Mark G
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Mark Gareth Creasy to Acquire 11,646,047 Common Shares of Novo Resources Corp.
ACCESSWIRE - Thu Mar 06, 9:32AM CST
Vancouver, Canada / ACCESSWIRE / March 6, 2014 / Mark Gareth Creasy reports that he and entities controlled by him, including Yandal Investments Pty Ltd (collectively, the "Creasy Group") have the right to the issuance of up to 11,646,047 common shares of Novo Resources Corp. (CSE: NVO; OTCQX: NSRPF) representing approximately 17.3% of the issued and outstanding common shares of Novo taking into account the issuance of the said 11,646,047 common shares. The lowest average price per share to be paid for these shares is $1.09.
Novo Resources Signs Binding Terms Sheet to Acquire a 70% Interest in the Creasy Group's Additional Pilbara Gold Projects
ACCESSWIRE - Tue Mar 04, 8:18AM CST
VANCOUVER, BC / ACCESSWIRE / March 4, 2014 / Novo Resources Corp. ("Novo") (CSE: NVO; OTCQX: NSRPF) is pleased to report that it has signed a binding terms sheet with Mark Gareth Creasy and entities controlled by him (collectively, the "Creasy Group") pursuant to which Novo will acquire a 70% interest in 103 separate tenements and tenement applications located in the Pilbara region of Western Australia and related mining information (collectively, the "Pilbara Assets"), and will also acquire the shares of Conglomerate Gold Exploration Pty Limited not currently owned by Novo (the "Creasy CGE Shares"). The parties will now begin work on the definitive agreements that will replace the binding terms sheet. Except for the acquisition of a portion of the Creasy CGE Shares, completion of the transactions is subject to a number of conditions, including but not limited to the completion of due diligence investigations to Novo's satisfaction and the receipt of all necessary regulatory approvals or consents.
(AUDIO ENHANCED) MarketRadio.ca Premier Episode: Stockhouse CEO Marcus New, Abattis Bioceuticals Corp (FLU:CSE, ATTBF:OTCPK), Novo Resources Corp (NVO:CSE, NSRPF:OTCBB) and Inte...
ACCESSWIRE - Thu Feb 13, 8:07AM CST
Calgary, AB February 13 2014 - TheNewswire.com - on the Premier Episode of our program, four guests address an array of issues as MarketRadio.ca launches its mobile-compatible website.
Novo Resources Discovers New Gold-Bearing Reef at Beatons Creek and Announces 2014 Program
ACCESSWIRE - Wed Jan 29, 8:35AM CST
VANCOUVER, January 29, 2014 - Novo Resources Corp. ("Novo" or the "Company") (CSE: NVO; OTCQX: NSRPF) is pleased to announce the discovery of a new outcropping gold-bearing conglomerate horizon (reef) in an area approximately 700 meters west of the NI 43-101 compliant resource (421 Koz Au; 8.9 Mtonnes @ 1.47 gpt Au) announced May 1, 2013 and described in a technical report entitled "Technical Report and Resource Estimate on the Beatons Creek Project, Pilbara Region, Australia" which was filed under Novo's profile on SEDAR on May 23, 2013. Surface grab samples taken during a recent reconnaissance mapping and sampling program range from 0.06-17.86 gpt Au (see attached sampling map). The reef varies from 1-2 meters thick and appears to be quite shallow, less than 20 meters deep, over an area roughly one kilometer across. It is approximately 150 meters up-section from known gold-bearing reefs at Grant's Hill. More sampling and mapping will be undertaken to adequately assess its true extent.
Novo Resources Awarded AUD$400,000 in Grant Funding For Drilling
ACCESSWIRE - Tue Dec 17, 8:08AM CST
VANCOUVER, December 17, 2013 - Novo Resources Corp. (CNSX: NVO; OTCQX: NSRPF) ("Novo" or the "Company") is pleased to announce it has been awarded two grants, each for AUD$200,000, from the Government of Western Australia Department of Mines and Petroleum as part of their 2014 Co-Funded Exploration Drilling awards. Novo plans to use these funds to drill test for gold-bearing reefs in deeper parts of the Nullagine embayment at its Beatons Creek project and near its new Contact Creek North discovery at its Marble Bar project.
Novo Resources Announces $8,268,000 Raised From Warrant Exercises
ACCESSWIRE - Tue Dec 03, 8:09AM CST
VANCOUVER, December 3, 2013 - Novo Resources Corp. (CNSX: NVO; OTCQX: NSRPF) reports the exercise of 93% of the 14,782,500 share purchase warrants issued in a private placement which closed on November 30, 2011 (see Novo's news release of November 30, 2011), raising gross proceeds of $8,268,000. The remaining warrants have expired. The gross proceeds mentioned above includes the warrant exercise discussed in Novo's news release dated September 12, 2013. Novo's current cash balance stands at approximately $10.96 million.
Novo Resources Welcomes Newmont Mining Corp. as a New Shareholder and Announces $4,800,000 Raised from Warrant Exercise
ACCESSWIRE - Thu Sep 12, 1:11PM CDT
VANCOUVER, September 12, 2013 - Novo Resources Corp. ("Novo" or the "Company;" CNSX: NVO; OTCQX: NSRPF) welcomes Newmont Canada FN Holdings ULC ("Newmont"), a subsidiary of Newmont Mining Corporation, as a new, major shareholder. On September 4, 2013, Newmont announced that it had acquired beneficial ownership of 17.76 million (approximately 35.7% after giving effect to the exercise of certain warrants in connection with the transaction) of the outstanding common shares of Novo pursuant to private agreements with two of the Company's shareholders. Newmont has reported that it is acquiring the common shares of Novo for investment purposes and may, subject to market conditions, take other actions in respect of Novo, including making additional investments in, or effecting dispositions of, securities of Novo.
Novo Reports Alteration of Articles
ACCESSWIRE - Mon Sep 09, 5:33PM CDT
VANCOUVER, September 9, 2013 - Novo Resources Corp. (the "Company") (CNSX: NVO; OTCQX: NSRPF) reports the alteration of its articles to include advance notice provisions relating to the nomination of individuals for election of directors. These provisions are designed to (i) facilitate orderly and efficient shareholder meetings at which directors are to be elected; (ii) ensure that all shareholders, including those participating in a shareholders' meeting by proxy rather than in person, receive adequate notice of all director nominations and sufficient information with respect to all nominees; and (iii) allow shareholders to register an informed vote. This alteration of the articles was approved by shareholders at the Company's recently held annual general meeting.
Newmont Canada FN Holdings ULC acquires beneficial ownership of 17.76 million common shares of Novo Resources Corp.
CNW Group - Wed Sep 04, 4:20PM CDT
Newmont Canada FN Holdings ULC ("Newmont"), a subsidiary of Newmont Mining Corporation, announced today that it has acquired beneficial ownership of 17.76 million (approximately 35.7% after giving effect to the exercise of certain warrants in connection with the transaction) of the outstanding common shares of Novo Resources Corp. ("Novo") pursuant to private agreements with two shareholders of Novo. The price to be paid by Newmont for the common shares acquired under the two agreements is $0.914, in cash, per common share and $0.90, in cash, per common share, respectively.
Novo Commences Drilling on its 100% Controlled Ground at Beatons Creek, Western Australia
ACCESSWIRE - Thu Jul 18, 7:30AM CDT
VANCOUVER, July 18, 2013 - Novo Resources Corp. (the "Company") (CNSX: NVO; OTCQX: NSRPF) is pleased to announce it has commenced reverse circulation (RC) drilling on its 100% controlled ground (tenement P46/1806) at its Beatons Creek Gold Project, Western Australia (see attached drill plan map). Drilling will also be undertaken on adjacent tenement P46/1790 held under a joint venture with Creasy Group Pty. Ltd. The goal of the 2013 drill program will be to aggressively expand upon the 421,000 troy ounce gold inferred resource (8.9 million tonnes at a grade of 1.47 grams gold per tonne) announced in a press release dated May 1, 2013, and detailed in a National Instrument 43-101 technical report filed on May 23, 2013. This resource, situated on tenement M46/11, lies approximately two kilometers southeast of the area currently being drilled and is held under a joint venture with Millennium Minerals Ltd. which operates the nearby Golden Eagle mine and mill.
Novo Resources Announces Adoption of Advance Notice Policy
ACCESSWIRE - Thu Jun 27, 4:00PM CDT
VANCOUVER, June 27, 2013 - Novo Resources Corp. (the "Company") (CNSX: NVO; OTCQX: NSRPF) announces the approval by its board of directors of an advance notice policy pertaining to the nomination of directors (the "Policy"). The purpose of the Policy is to: (i) facilitate an orderly and efficient process for the nomination of directors at shareholder meetings; (ii) ensure that all shareholders receive adequate notice of director nominations and sufficient information with respect to all nominees; and (iii) allow shareholders to register an informed vote having been afforded reasonable time for deliberation. Reference should be made to the Policy in its entirety which is available under the Company's profile on the SEDAR website at www.sedar.com (filing date: June 27, 2013).
Novo Resources Announces Filing of NI 43-101 Technical Report for its Beatons Creek Gold Project, Western Australia
ACCESSWIRE - Thu May 23, 7:14AM CDT
VANCOUVER, May 23, 2013 - Novo Resources Corp. (the "Company") (CNSX: NVO; OTCQX: NSRPF) is pleased to announce that it has filed a technical report prepared pursuant to National Instrument 43-101 ("NI 43-101") related to its May 1, 2013 news release announcing the maiden resource estimate for its Beatons Creek Gold Project, Western Australia.
Initial Resource Estimate for Novo's Beatons Creek Gold Project, Western Australia
ACCESSWIRE-TNW - Wed May 01, 7:30AM CDT
VANCOUVER, May 1, 2013 - Novo Resources Corp. (the "Company") (CNSX: NVO; OTCQX: NSRPF) is pleased to announce the first ever National Instrument (NI) 43-101 compliant resource estimate for its Beatons Creek Gold Project, Western Australia. This resource estimate is based on 16,107 meters of reverse circulation (RC) drilling and 478 meters of diamond core drilling completed in 2011-12. The effective date of this resource estimate is April 30, 2013.
Diamond Core Drilling Completed at Novo's Beatons Creek Gold Project, Western Australia
ACCESSWIRE-TNW - Thu Apr 04, 8:15AM CDT
VANCOUVER, April 4, 2013 - Novo Resources Corp. (the "Company") (CNSX: NVO; OTCQX: NSRPF) is pleased to announce that it has completed eight diamond core holes at its Beatons Creek Gold Project, Western Australia. Data collected from this core will enable completion of the first NI 43-101 compliant resource at Beatons Creek, anticipated by early May.
NI 43-101 Compliant Technical Report Completed on Novo's Beatons Creek Gold Project, Western Australia; Subscription Receipts Not Converted
ACCESSWIRE-TNW - Thu Mar 07, 8:15AM CST
VANCOUVER, March 7, 2013 - Novo Resources Corp. (the "Company") (CNSX: NVO; OTCQX: NSRPF) is pleased to report that a National Instrument 43-101 compliant technical report (the "Report") on the Pilbara Palaeoplacer (also referred as Beatons Creek) Project (the "Project") has been completed. The Project is located in the located in the Eastern Pilbara shire of Western Australia. A copy of the Report will be filed under the Company's SEDAR profile at www.sedar.com.
Widespread Continuity of Gold Mineralization Demonstrated by Recent Drilling at Novo's Beatons Creek Gold Project, Western Australia
ACCESSWIRE-TNW - Wed Feb 13, 6:45AM CST
VANCOUVER, February 13, 2013 - Novo Resources Corp. (the "Company") (CNSX: NVO; OTCQX: NSRPF) is pleased to announce Leachwell analytic results from four step-out reverse circulation (RC) drill holes at Grants Hill and nineteen RC holes at Golden Crown Hill at its Beatons Creek Gold Project, Western Australia. These results demonstrate widespread continuity of gold-bearing conglomerates (reefs).
Novo Resources Sees Significant Expansion at its Beatons Creek Gold Project, Western Australia
ACCESSWIRE-TNW - Thu Jan 24, 8:33AM CST
VANCOUVER, January 24, 2013 - Novo Resources Corp. (the "Company") (CNSX: NVO; OTCQX: NSRPF) is pleased to announce Leachwell analytic results from nineteen new reverse circulation drill holes from its Phase Two drill program at its Beatons Creek Gold Project, Western Australia. The Company has also received high-grade assays from surface samples collected from extensions of gold-bearing conglomerates (reefs).
Pinetree Capital Ltd. Acquires Securities of Novo Resources Corp.
Marketwire - Thu Jan 17, 3:04PM CST
Pinetree Capital Ltd. (TSX: PNP), announces that on January 17, 2013, it acquired ownership of 1,428,571 common shares ("Common Shares") of Novo Resources Corp. ("Novo") representing approximately 3.4% of the total issued and outstanding common shares of Novo as of January 17, 2013. As a result of this transaction, Pinetree and its joint actors collectively held, as at January 17, 2013, an aggregate of 3,587,571 common shares of Novo, including the Common Shares, and rights to acquire an additional 750,000 common shares of Novo upon exercise of certain convertible securities (the "Convertible Securities"). Of these totals, Pinetree owns 2,178,571 common shares, including the Common Shares, and the Convertible Securities directly. In the event that the Convertible Securities are fully exercised, the holdings of Pinetree and its joint actors represents a total of 4,337,571 common shares of Novo, or approximately 10.2% of all issued and outstanding common shares as at January 17, 2013, calculated on a partiall
Novo Resources Announces $1,642,500 Raised from Warrant Exercises and Closing of Transaction with Pinetree Capital Ltd
ACCESSWIRE-TNW - Thu Jan 17, 7:30AM CST
VANCOUVER, January 17, 2013 - Novo Resources Corp. (CNSX: NVO; OTCQX: NSRPF) ("Novo") announces that 95% of the warrants issued in a private placement in January, 2011 have been exercised for gross proceeds of $1,642,500.