Novo Announces Results of Annual General Meeting of Shareholders

Rhea-AI Summary

On June 22, 2021, Novo Resources Corp. (OTCQX: NSRPF) held its annual general meeting where all proposed resolutions were passed unanimously. Director nominees, including Quinton Hennigh and Robert Humphryson, received overwhelming support, with votes for the top nominee exceeding 87 million. The company continues to focus on its Beatons Creek gold project and the expansive 14,000 square kilometers land package in Western Australia. More detailed voting results are available on Novo's profile at www.sedar.com.

Positive

• All resolutions at the annual general meeting were passed, indicating strong shareholder support.
• Director nominees received overwhelming approval, with Quinton Hennigh receiving 87.984% of votes in favor.

Negative

• None.

VANCOUVER, British Columbia, June 22, 2021 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) reports that all resolutions proposed to shareholders at the annual general meeting of shareholders held today were duly passed. All of the director nominees, as listed in the management information circular dated May 7, 2021, were elected. Voting as to each of the director nominees was as follows:

Name of Nominee	Votes Cast FOR	% Votes Cast FOR	Votes WITHHELD	% of Votes WITHHELD
Quinton Hennigh	87,989,547	87.984	12,016,194	12.016
Robert Humphryson	80,021,156	99.757	194,585	0.243
Michael Barrett	67,595,290	84.267	12,620,451	15.733
Michael Spreadborough	73,490,519	91.616	6,725,222	8.384
Ross Hamilton	73,509,511	91.640	6,706,230	8.360
Amy Jo Stefonick	73,558,095	91.658	6,695,046	8.342

Please see the report of voting results filed today under Novo’s profile at www.sedar.com for the results of the other matters voted on by shareholders at the meeting.

About Novo Resources Corp.

Novo is commissioning its flagship Beatons Creek gold project while exploring and developing its highly prospective land package covering approximately 14,000 square kilometres in the Pilbara region of Western Australia. In addition to the Company’s primary focus, Novo seeks to leverage its internal geological expertise to deliver value-accretive opportunities to its shareholders. For more information, please contact Leo Karabelas at (416) 543-3120 or e-mail leo@novoresources.com

On Behalf of the Board of Directors,

Novo Resources Corp.

“Quinton Hennigh”

Quinton Hennigh
President and Chairman

FAQ

What were the results of the annual general meeting on June 22, 2021, for Novo Resources Corp. (NSRPF)?

All resolutions proposed were passed unanimously at the annual general meeting held on June 22, 2021.

How much support did Quinton Hennigh receive during the voting at the annual general meeting?

Quinton Hennigh received 87.984% of votes in favor at the annual general meeting.

Where can I find the detailed voting results for Novo Resources Corp. (OTCQX: NSRPF)?

Detailed voting results can be found on Novo's profile at www.sedar.com.