Brief: Novo To Advance Egina Gold Project With $30 Million Farmin & Joint Venture With Sumitomo Corp
June 7 (Reuters) - Novo Resources Corp NVO.V :
* NOVO TO ADVANCE EGINA GOLD PROJECT BY WAY OF US $30
MILLION
FARMIN & JOINT VENTURE WITH SUMITOMO CORPORATION
* NOVO RESOURCES - SUMITOMO IS ENTITLED TO EARN UP TO A 40%
INTEREST IN PROJECT BY SPENDING UP TO US$30 MILLION OVER THREE
YEARS
Source text for Eikon: ID:nGNX4nV8LW
Further company coverage: NVO.V
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Novo Resources
See all newsCorrected: BRIEF-Novo Resources Says Northern Star Withdraws From Egina Earn-In And Joint Venture Agreement
U.S. STOCKS ON THE MOVE-Hamilton Lane, Meta, Marsh
Brief: Novo Resources Strengthens Exploration Leadership With Appointment Of Experienced Geologist Mr. Rohan Williams
Brief: Novo Resources Says Firm Commitments Of C$7.9M At C$0.10 Per Unit
Brief: Novo Resources Corp Proposes Placement To Raise Up To C$5.8 Million At Issue Price Of C$0.10