Completion of Tranche 1 of Placement and Valuation Update

Not for release to US wire service or distribution in the United States PERTH, Western Australia, March 06, 2026 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (ASX: NVO) (TSX: NVO) (OTCQB: NSRPF) is pleased to announce that Tranche 1 of the placement it announced on 24 and 26 February 2026 (Vancouver)/25 and 26 February 2026 (Perth) completed today. The Company has received gross proceeds of ~C$5.90m (approximately A$6.20m) through the issue of: (a)~8.4m units at C$0.10 per unit to inv ...