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Novo Resources Unveils Free Options to Boost Exploration Funding
4:02pm on Monday 9th of March, 2026 AEDT
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Novo Resources Unveils Free Options to Boost Exploration Funding
4:02pm on Monday 9th of March, 2026 AEDT
Key Points
Offering of free New Options to Placement Participants and Joint Lead Managers
Options exercisable at A$0.15, expiring three years post-issue
Potential to raise approximately A$4.62 million from Placement Options and A$1.30 million from JLM Options upon exercise
Shareholder approval required for Tranche 2 Placement Options and JLM Options at 2026 AGM
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