Novo Announces Results of Annual General Meeting of Shareholders
On June 22, 2021, Novo Resources Corp. (OTCQX: NSRPF) held its annual general meeting where all proposed resolutions were passed unanimously.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Details
News Market Reaction – NSRPF
The recorded move for NSRPF in the trading session of this news was +1.67%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.