globenewswire.com
Commitments Received for ~A$8.2m Placement
Not for release to US wire service or distribution in the United States PERTH, Western Australia, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (ASX: NVO) (TSX: NVO) (OTCQB: NSRPF) is pleased to provide an update on the status of the capital raising announced on 24 February 2026 (Vancouver)/25 February 2026 (Perth). The Company has now received firm commitments to raise gross proceeds of C$7.9m (approximately A$8.2m) through a placement of ~16.8m units at C$0.10 per unit and ~61.1m Chess Depository Interests (“CDIs”) at A$0.105 per CDI to institutional, professional and sophisticated investors (“Placement”).
