1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies

Novo Announces Retirement of Director

March 05, 2020 | About:

VANCOUVER, British Columbia, March 05, 2020 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO; OTCQX: NSRPF) announces that Eric Sprott, one of the Company’s directors, has retired as a member of the board. Mr. Sprott has been a Novo shareholder since 2011 and has served as a director of the Company since November 2017. The Company would like to thank Mr. Sprott for his invaluable contributions and support throughout his tenure as a director and wishes him well in his well-deserved retirement from his final public company directorship.

“Eric has been part of the Novo story from the beginning,” commented Dr. Quinton Hennigh, President and Chairman of Novo. “He has been there every time we needed financing, and more recently, has provided direct support and guidance as a director during Novo’s recent ascent to becoming one of the foremost gold explorers in the mining industry. It takes vision to do all that Novo has done, and Eric has played an invaluable part. I am truly appreciative of all of the support and guidance he has provided me and the Company over the years.”

“Novo has been and will continue to be a leading gold explorer, and I wholeheartedly support the Company’s goals to deliver significant value to its shareholders,” commented Mr. Sprott. “I recently turned 75 and I am focused on pursuing other priorities in life, but I plan to remain an engaged shareholder of the Company.”

About Novo Resources Corp.

Novo’s focus is to explore and develop gold projects in the Pilbara region of Western Australia, and Novo has built up a significant land package covering approximately 13,000 sq km with varying ownership interests. For more information, please contact Leo Karabelas at (416) 543-3120 or e-mail [email protected]

On Behalf of the Board of Directors,

Novo Resources Corp.

“Quinton Hennigh”
Quinton Hennigh
President and Chairman

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.


Rating: 0.0/5 (0 votes)


Please leave your comment:

Performances of the stocks mentioned by Marketwired

User Generated Screeners

pascal.van.garsseHigh FCF-M2
kosalmmuseBest one1
DBrizanall 2019Feb26
kosalmmuseBest one
DBrizanall 2019Feb25
MsDale*52-Week Low
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)