DEG News: Novo Closes Cornerstone Investment With De Grey Mining - 29th Jun 2023, 7:22am

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Novo Resources Corp.

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HIGHLIGHTS

Closing of A$10 million (approximately C$8.97 million) cornerstone investment in Novo (the “Financing”) by De Grey Mining Limited (ASX: DEG) (“De Grey”) via the issuance of 35,223,670 common shares of Novo (“Shares”) at a price of approximately C$0.255 per Share, representing an undiluted 11.6% post-Financing position in Novo De Grey t...

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