{"id":402450,"date":"2020-12-17T17:36:57","date_gmt":"2020-12-17T22:36:57","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=402450"},"modified":"2020-12-17T17:36:57","modified_gmt":"2020-12-17T22:36:57","slug":"novo-receives-conditional-approval-to-graduate-to-the-toronto-stock-exchange","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/novo-receives-conditional-approval-to-graduate-to-the-toronto-stock-exchange\/","title":{"rendered":"Novo Receives Conditional Approval to Graduate to the Toronto Stock Exchange"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">VANCOUVER, British Columbia, Dec.  17, 2020  (GLOBE NEWSWIRE) &#8212; <strong>Novo Resources Corp. <\/strong>(<strong>\u201cNovo\u201d <\/strong>or the <strong>\u201cCompany\u201d<\/strong>) (TSX-V: NVO &amp; NVO.WT; OTCQX: NSRPF) is pleased to announce that it has received conditional approval from the Toronto Stock Exchange (the \u201c<strong>TSX<\/strong>\u201d) to graduate from the TSX Venture Exchange (the \u201c<strong>TSXV<\/strong>\u201d) and list its common shares and certain common share purchase warrants (the \u201c<strong>Warrants<\/strong>\u201d) on the TSX.<\/p>\n<p align=\"justify\">Final approval of the listing is subject to the Company fulfilling the TSX\u2019s standard listing conditions. Upon, and subject to, receipt of final TSX approval, Novo\u2019s common shares and Warrants would be delisted from the TSXV and begin trading on the TSX under the symbols \u201cNVO\u201d and \u201cNVO.WT\u201d, respectively.<\/p>\n<p align=\"justify\">The Company\u2019s common shares will continue to be listed on the OTCQX under the symbol \u201cNSRPF\u201d.<\/p>\n<p align=\"justify\">\u201cThis is a significant milestone for the Company,\u201d commented Dr. Quinton Hennigh, Chairman, President, and a director of Novo. \u201cNovo has grown dramatically since the Company\u2019s initial public offering and listing on the Canadian Securities Exchange in June, 2010. I would like to thank the TSXV for its years of continuous support after accepting Novo\u2019s listing in May 2015. Given Novo\u2019s international exposure, we believe it is time to graduate to the TSX, one of the premier exchanges for publicly traded companies, in order to enhance liquidity of Novo\u2019s stock and extend Novo\u2019s appeal to the international investment community.\u201d<\/p>\n<p align=\"justify\">\n        <strong>About Novo Resources Corp.<\/strong>\n      <\/p>\n<p align=\"justify\">Novo is advancing its flagship Beatons Creek gold project to production while exploring and developing its highly prospective land package covering approximately 14,000 square kilometres in the Pilbara region of Western Australia. In addition to the Company\u2019s primary focus, Novo seeks to leverage its internal geological expertise to deliver value-accretive opportunities to its shareholders. For more information, please contact Leo Karabelas at (416) 543-3120 or e-mail\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=gNSbWjSa3elwTE9HM7VFER-hTt5Hf-uYfrnyMbigsnoaeZ2W_SKIQA7TR3xr5BnFZcXz5J3iUxaci-RLsG90VHcYd4vyP8Fiy1KwoxWxMnM=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">leo@novoresources.com<\/a><\/p>\n<p align=\"justify\">On Behalf of the Board of Directors,<\/p>\n<p align=\"justify\">\n        <strong>Novo Resources Corp.<\/strong>\n      <\/p>\n<p align=\"justify\">\n        <u>\u201c<\/u><br \/>\n        <em><br \/>\n          <u>Quinton Hennigh<\/u><br \/>\n        <\/em><br \/>\n        <u>\u201d<\/u>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n<p align=\"justify\">Quinton Hennigh<\/p>\n<p align=\"justify\">Chairman and President<\/p>\n<p align=\"justify\">\n        <em>Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.<\/em>\n      <\/p>\n<p>\n        <strong>Forward-looking information <\/strong>\n      <\/p>\n<p align=\"justify\">Some statements in this news release contain forward-looking information (within the meaning of Canadian securities legislation) including, without limitation, the anticipated receipt of final approval to the Company\u2019s listing on the TSX and the expected resulting enhancement of liquidity of Novo\u2019s stock and appeal to the international investment community. Forward-looking statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, without limitation, the Company\u2019s satisfaction of the applicable conditions to listing and the TSX\u2019s provision of final approval.<\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNDQzNiMzODg3NTk3IzIwODQzNDE=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/1a50cd41-f82b-4ba3-9936-60a43a22a928\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>VANCOUVER, British Columbia, Dec. 17, 2020 (GLOBE NEWSWIRE) &#8212; Novo Resources Corp. (\u201cNovo\u201d or the \u201cCompany\u201d) (TSX-V: NVO &amp; NVO.WT; OTCQX: NSRPF) is pleased to announce that it has received conditional approval from the Toronto Stock Exchange (the \u201cTSX\u201d) to graduate from the TSX Venture Exchange (the \u201cTSXV\u201d) and list its common shares and certain common share purchase warrants (the \u201cWarrants\u201d) on the TSX. Final approval of the listing is subject to the Company fulfilling the TSX\u2019s standard listing conditions. Upon, and subject to, receipt of final TSX approval, Novo\u2019s common shares and Warrants would be delisted from the TSXV and begin trading on the TSX under the symbols \u201cNVO\u201d and \u201cNVO.WT\u201d, respectively. The Company\u2019s common shares will continue to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/novo-receives-conditional-approval-to-graduate-to-the-toronto-stock-exchange\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Novo Receives Conditional Approval to Graduate to the Toronto Stock Exchange&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-402450","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Novo Receives Conditional Approval to Graduate to the Toronto Stock Exchange - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/novo-receives-conditional-approval-to-graduate-to-the-toronto-stock-exchange\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Novo Receives Conditional Approval to Graduate to the Toronto Stock Exchange - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"VANCOUVER, British Columbia, Dec. 17, 2020 (GLOBE NEWSWIRE) &#8212; Novo Resources Corp. (\u201cNovo\u201d or the \u201cCompany\u201d) (TSX-V: NVO &amp; NVO.WT; OTCQX: NSRPF) is pleased to announce that it has received conditional approval from the Toronto Stock Exchange (the \u201cTSX\u201d) to graduate from the TSX Venture Exchange (the \u201cTSXV\u201d) and list its common shares and certain common share purchase warrants (the \u201cWarrants\u201d) on the TSX. Final approval of the listing is subject to the Company fulfilling the TSX\u2019s standard listing conditions. Upon, and subject to, receipt of final TSX approval, Novo\u2019s common shares and Warrants would be delisted from the TSXV and begin trading on the TSX under the symbols \u201cNVO\u201d and \u201cNVO.WT\u201d, respectively. 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(\u201cNovo\u201d or the \u201cCompany\u201d) (TSX-V: NVO &amp; NVO.WT; OTCQX: NSRPF) is pleased to announce that it has received conditional approval from the Toronto Stock Exchange (the \u201cTSX\u201d) to graduate from the TSX Venture Exchange (the \u201cTSXV\u201d) and list its common shares and certain common share purchase warrants (the \u201cWarrants\u201d) on the TSX. Final approval of the listing is subject to the Company fulfilling the TSX\u2019s standard listing conditions. Upon, and subject to, receipt of final TSX approval, Novo\u2019s common shares and Warrants would be delisted from the TSXV and begin trading on the TSX under the symbols \u201cNVO\u201d and \u201cNVO.WT\u201d, respectively. 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