Novo Resources Announces Change of Auditor

Core Points - Novo Resources Corp. has changed its auditors from Ernst & Young to Deloitte Touche and Tohmatsu effective May 6, 2024 [1][3] - The resignation of the former auditor was approved by the Company's Audit, Risk and Corporate Governance Committee and its Board of Directors [3] - There were no modifications of opinion in the former auditor's reports for the last two fiscal years ending December 31, 2023, and 2022 [3] Company Overview - Novo Resources is an Australian-based gold explorer listed on the ASX and TSX, focusing on discovering standalone gold projects with over 1 million ounces of development potential [5] - The company has a significant land package covering approximately 7,000 square kilometers in the Pilbara region of Western Australia and a 22 square kilometer project in the Bendigo Tectonic Zone of Victoria, Australia [5] - Novo's flagship project is the Egina Gold Camp, where De Grey is farming-in at Becher and surrounding tenements through an exploration expenditure of A$25 million within four years for a 50% interest [5] - Significant gold mineralization has been identified at Nunyerry North, part of the Croyden joint venture, where Novo holds a 70% interest [5] Strategic Focus - The company has a dedicated acquisition program to identify value-accretive opportunities and is focused on building further value for shareholders through exposure to non-core minerals and metals via joint partnerships [6]