24 July - 7 Weeks, page-20

Interesting news..

VANCOUVER, British Columbia, June 07, 2019 (GLOBE NEWSWIRE) -- Novo Resources Corp. (NSRPF) (“Novo” or the “Company” (TSX-V: NVO; OTCQX: NSRPF) is pleased to announce that it has entered into a US $30 million farmin and joint venture agreement (the “Agreement” with Sumitomo Corporation of Tokyo, Japan, and its wholly-owned Australian subsidiary (together, “Sumitomo” in order to advance Novo’s Egina project (the “Project” located approximately 80 km south-southwest of Port Hedland, WA.

The Project is comprised of wholly-owned Novo tenure, including tenements acquired through the recent acquisition of Farno-McMahon (“Farno”, tenements into which Novo is currently earning an interest under a binding memorandum of agreement with ASX-listed Pioneer Resources Limited, and a tenement into which ASX-listed De Grey Mining Ltd. is currently earning an interest under a farmin and joint venture agreement executed with Farno prior to its acquisition by Novo (please see the Company’s news releases dated September 17, 21, and October 1, 2018 - http://novoresources.com/news-media/news/).