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Novo Resources Secures A$8.2m to Power 2026 Drilling Push

10:14am on Thursday 26th of February, 2026 AEDT Mining
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Novo Resources Secures A$8.2m to Power 2026 Drilling Push

10:14am on Thursday 26th of February, 2026 AEDT
Key Points
  • A$8.2 million raised through a two-tranche placement
  • Major shareholder Northern Star Ltd commits to participate
  • Funds earmarked for drilling at Wyloo, Balla Balla, Teichman, and Belltopper
  • Placement includes free-attaching warrants and options exercisable over three years
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