Novo Announces AGM Results
Novo Resources (OTCQX: NSRPF) announced that all resolutions proposed at its Annual General Meeting were approved by shareholders, including the election of all director nominees. Notable voting results showed strong support for the board members, with Karen O'Neill receiving 99.06% approval and Michael Spreadborough receiving 98.57% approval.
The company also highlighted its exploration portfolio, including the Egina Gold Camp where Northern Star Resources is farming-in through a JV agreement worth A$25 million for a 50% interest. Novo's portfolio includes approximately 5,500 square kilometres in the Pilbara region and recent additions of gold projects in New South Wales.
Novo Resources (OTCQX: NSRPF) ha annunciato che tutte le risoluzioni proposte durante l'Assemblea Annuale degli Azionisti sono state approvate, inclusa l'elezione di tutti i candidati al consiglio di amministrazione. I risultati delle votazioni evidenziano un forte sostegno per i membri del consiglio, con Karen O'Neill che ha ottenuto il 99,06% di approvazione e Michael Spreadborough il 98,57%.
L'azienda ha inoltre sottolineato il suo portafoglio di esplorazione, tra cui il Egina Gold Camp, dove Northern Star Resources sta entrando tramite un accordo di joint venture del valore di 25 milioni di dollari australiani per una quota del 50%. Il portafoglio di Novo comprende circa 5.500 chilometri quadrati nella regione del Pilbara e recenti acquisizioni di progetti auriferi in Nuovo Galles del Sud.
Novo Resources (OTCQX: NSRPF) anunció que todas las resoluciones propuestas en su Junta General Anual fueron aprobadas por los accionistas, incluyendo la elección de todos los candidatos a directores. Los resultados de la votación mostraron un fuerte apoyo a los miembros del consejo, con Karen O'Neill recibiendo un 99.06% de aprobación y Michael Spreadborough un 98.57%.
La compañía también destacó su portafolio de exploración, incluyendo el Egina Gold Camp, donde Northern Star Resources está entrando mediante un acuerdo de joint venture valorado en 25 millones de dólares australianos por un 50% de participación. El portafolio de Novo incluye aproximadamente 5,500 kilómetros cuadrados en la región de Pilbara y recientes adiciones de proyectos de oro en Nueva Gales del Sur.
Novo Resources (OTCQX: NSRPF)는 연례 주주총회에서 제안된 모든 안건이 주주들에 의해 승인되었으며, 이사회 후보 전원이 선출되었다고 발표했습니다. 투표 결과는 이사회 구성원들에 대한 강한 지지를 보여주었으며, Karen O'Neill은 99.06%의 찬성, Michael Spreadborough는 98.57%의 찬성을 받았습니다.
회사는 또한 Northern Star Resources가 50% 지분을 위해 2,500만 호주 달러 규모의 JV 계약을 통해 참여 중인 Egina Gold Camp를 포함한 탐사 포트폴리오를 강조했습니다. Novo의 포트폴리오에는 Pilbara 지역 약 5,500 평방킬로미터와 뉴사우스웨일스에서 최근 추가된 금 프로젝트들이 포함되어 있습니다.
Novo Resources (OTCQX: NSRPF) a annoncé que toutes les résolutions proposées lors de son Assemblée Générale Annuelle ont été approuvées par les actionnaires, y compris l'élection de tous les candidats au conseil d'administration. Les résultats du vote ont montré un fort soutien aux membres du conseil, avec Karen O'Neill recevant 99,06% d'approbation et Michael Spreadborough 98,57%.
La société a également mis en avant son portefeuille d'exploration, incluant le Egina Gold Camp où Northern Star Resources investit via un accord de coentreprise d'une valeur de 25 millions de dollars australiens pour une participation de 50%. Le portefeuille de Novo comprend environ 5 500 kilomètres carrés dans la région de Pilbara ainsi que des projets aurifères récemment ajoutés en Nouvelle-Galles du Sud.
Novo Resources (OTCQX: NSRPF) gab bekannt, dass alle auf der Jahreshauptversammlung vorgeschlagenen Beschlüsse von den Aktionären genehmigt wurden, einschließlich der Wahl aller Direktorkandidaten. Die Abstimmungsergebnisse zeigten eine starke Unterstützung für die Vorstandsmitglieder, wobei Karen O'Neill 99,06% Zustimmung und Michael Spreadborough 98,57% Zustimmung erhielten.
Das Unternehmen hob auch sein Explorationsportfolio hervor, darunter das Egina Gold Camp, bei dem Northern Star Resources über eine JV-Vereinbarung im Wert von 25 Millionen AUD für einen 50%igen Anteil einsteigt. Novos Portfolio umfasst etwa 5.500 Quadratkilometer in der Pilbara-Region sowie kürzlich hinzugefügte Goldprojekte in New South Wales.
- Strong shareholder support demonstrated with high approval rates for board members (>90% for all nominees)
- Strategic partnership with Northern Star Resources through A$25M farm-in agreement
- Extensive land holdings with 5,500 square kilometres in the Pilbara region
- Diversified portfolio including gold and lithium projects through joint ventures
- None.
PERTH, Western Australia, June 24, 2025 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (ASX: NVO) (TSX: NVO) (OTCQX: NSRPF) reports that all resolutions proposed to shareholders at the annual general meeting of shareholders (held on June 23, 2025 (Vancouver, BC)/June 24, 2025 (Perth, WA) were approved, including the election of all of the director nominees listed in the management information circular for the meeting. 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 | 99,028,935 | 90.218 | 10,737,796 | 9.782 |
| Greg Jones | 102,719,712 | 93.581 | 7,045,699 | 6.419 |
| Karen O’Neill | 108,291,333 | 99.063 | 1,024,078 | 0.937 |
| Michael Spreadborough | 107,712,767 | 98.567 | 1,566,011 | 1.433 |
Please refer to the report of voting results filed under Novo’s profile at www.sedarplus.ca for further details.
In addition, Novo is also pleased to report that its new corporate presentation can be found on the Company’s website.
Authorised for release by the Board of Directors.
CONTACT
| Investors: Mike Spreadborough +61 8 6400 6100 info@novoresources.com | North American Queries: Leo Karabelas +1 416 543 3120 leo@novoresources.com | Media: Cameron Gilenko +61 466 984 953 cameron.gilenko@sodali.com |
ABOUT NOVO
Novo is an Australian based gold explorer listed on the ASX and the TSX focussed on discovering standalone gold and copper projects with > 1 Moz development potential. Novo is an innovative gold explorer with a significant land package covering approximately 5,500 square kilometres in the Pilbara region of Western Australia, along with the 22 square kilometre Belltopper project in the Bendigo Tectonic Zone of Victoria, Australia.
Novo’s key project area in the Pilbara is the Egina Gold Camp, where Northern Star Resources Limited is farming-in to form a JV at the Becher Project and surrounding tenements through exploration expenditure of A
Novo has also formed a lithium joint venture with SQM in the Pilbara which provides shareholder exposure to battery metals.
Novo has recently strengthened its high-quality, Australian based exploration portfolio by adding the TechGen John Bull Gold Project in the New England Orogen of NSW, and Manhattan Tibooburra Gold Project in the Albert Goldfields in northwestern NSW. Both projects demonstrate prospectivity for significant discovery and resource definition and align with Novo’s strategy of identifying and exploring projects with > 1 Moz Au potential. These high-grade gold projects compliment the landholding consolidation that forms the Toolunga Project in the Onslow District in Western Australia.
Novo has a significant investment portfolio and a disciplined program in place to identify value accretive opportunities that will build further value for shareholders.
Please refer to Novo’s website for further information including the latest corporate presentation.
Refer to De Grey’s ASX Announcement, Hemi Gold Project mineral Resource Estimate (MRE) 2024, dated 14 November 2024. No assurance can be given that a similar (or any) commercially viable mineral deposit will be determined at Novo’s Becher Project and that all material assumptions and technical parameters underpinning the estimates in the original market announcement continue to apply and have not materially changed.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f140f10c-17cf-4ef2-be5a-0c72f2344134
FAQ
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