Brief: Novo Acquires Stake In ASX-Listed Kalamazoo Resources Limited
15/01/2020 24:18
Jan 14 (Reuters) - Novo Resources Corp NVO.V :
* NOVO ACQUIRES STAKE IN ASX-LISTED KALAMAZOO RESOURCES
LIMITED
* SUBSCRIBED FOR 10 MILLION UNITS OF KALAMAZOO RESOURCES
LIMITED
AT AUD $0.40 PER UNIT
* UPON CLOSING OF KALAMAZOO FINANCING, NOVO WILL HOLD
APPROXIMATELY 8.17% OF KALAMAZOO'S ISSUED AND OUTSTANDING SHARES
* EACH UNIT IS COMPRISED OF ONE KALAMAZOO ORDINARY SHARE AND
ONE
WHOLE UNLISTED OPTION
Source text for Eikon: ID:nGNX5q9Zvz
Further company coverage: NVO.V
((Reuters.Briefs@thomsonreuters.com;))
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