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Novo Resources Corp. - CDI is a CHESS Depositary Interest issued by Novo Resources Corp., a Canadian minerals exploration company. Each CDI represents a unit of beneficial interest in one underlying common share of the company, providing holders with economically equivalent rights to those of direct shareholders, though legal title to the shares is held by CHESS Depositary Nominees Pty Ltd. CDIs facilitate trading in Australian dollars for investors seeking access to Novo Resources Corp.'s equity structure. The company focuses on evaluating, acquiring, and exploring natural resource properties, particularly gold and copper projects, across key regions including the Pilbara in Western Australia, the Bendigo region in Victoria, and northern New South Wales, as well as areas in Canada and the United States. This structure enables seamless participation in the company's resource development activities for Australian market participants. Headquartered in Vancouver, Canada, Novo Resources Corp. maintains a portfolio aimed at discovering standalone mineral projects in these prospective districts.
