Novo Reports Scheduling of 2022 Annual General Meeting

Rhea-AI Summary

Novo Resources Corp. (OTCQX: NSRPF) has scheduled its annual general meeting for June 28, 2022, at 4 PM PDT. Due to COVID-19 concerns, the Company requests shareholders to vote by proxy rather than attend in person. No management presentation will occur during the meeting; however, a virtual Q&A will follow, with details to be announced later. Novo operates the Beatons Creek gold project in Western Australia and is exploring a vast land package of approximately 11,000 square kilometers. Shareholders can access more information on the Company’s website.

Positive

• Scheduled annual general meeting presents a structured opportunity for shareholder engagement.
• The Company is actively exploring and developing a substantial land package of 11,000 square kilometers in Western Australia.

Negative

• Shareholders are requested not to attend the meeting in person due to health concerns, which may affect engagement.

VANCOUVER, British Columbia, June 02, 2022 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) reports that its annual general meeting (the “Meeting”) has been scheduled for June 28, 2022 at 4pm PDT.

Due to the continuing COVID-19 pandemic and in consideration of the health and safety of our shareholders and colleagues and the broader community, the Company asks that shareholders not attend the Meeting in person and instead requests that shareholders vote by proxy using the enclosed instrument of proxy/voting instruction form accompanying the Meeting notice and information circular. No management presentation will be made at the Meeting. However, if you wish to attend the Meeting in person despite this request, you must contact Diane Barley (dbarley@owenbird.com) by June 16, 2022 so that you may be informed of, and confirm your agreement with, the applicable conditions of attendance. Please see the Company’s notice of meeting and information circular, as filed under the Company’s profile at www.sedar.com, and on the Company’s website at www.novoresources.com, for further details of the Meeting.

Recognizing the important opportunity that an annual meeting provides shareholders to both hear from, and communicate with, management, a presentation and virtual question and answer period will be organized immediately subsequent to the Meeting, details of which will be announced in the near future.

Shareholders with any questions are encouraged to contact Leo Karabelas at leo@novoresources.com or +1-416-543-3120.

ABOUT NOVO

Novo operates its flagship Beatons Creek gold project while exploring and developing its prospective land package covering approximately 11,000 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.

“Michael Spreadborough”

Michael Spreadborough

Executive Co-Chairman and Acting CEO

FAQ

When is Novo Resources Corp.'s annual general meeting scheduled?

The annual general meeting is scheduled for June 28, 2022, at 4 PM PDT.

What should shareholders do instead of attending the meeting in person?

Shareholders are requested to vote by proxy due to COVID-19 safety concerns.

Will there be a management presentation at the meeting?

No management presentation will be made at the meeting.

What is the focus of Novo Resources Corp.?

Novo focuses on its Beatons Creek gold project and exploring a significant land package in Western Australia.