middle.news

Novo Resources Unveils Free Options to Boost Exploration Funding

4:02pm on Monday 9th of March, 2026 AEDT Mining
Read Story

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
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about NOVO RESOURCES (ASX:NVO)
OPEN ARTICLE