Novo Announces Strategic Investment & Advancement of Battery Minerals Strategy
VANCOUVER, British Columbia, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to welcome Liatam as a new shareholder and project investor at Quartz Hill.
- “Novo looks forward to working with Liatam to progress the definition of battery mineral prospectivity across Quartz Hill and potentially the Pilbara region of Western Australia.
- The Unit price represents a 26% premium to Novo’s closing price on December 14, 2022 and 30-day trailing VWAP.
- Each Unit will consist of one common share of Novo and one-quarter of one Warrant.
- In addition to the Company’s primary focus, Novo seeks to leverage its internal geological expertise to deliver value-accretive opportunities to its stakeholders.