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PERTH - Novo Resources Corp. (ASX:NVO) (TSX:NVO) (OTCQX:NSRPF), a gold explorer with a market capitalization of $26.5 million, announced Tuesday that shareholders approved all proposed resolutions at the company’s annual general meeting held on June 23 in Vancouver and June 24 in Perth. The company’s stock has shown strong momentum, gaining over 46% in the past six months.
According to the company’s statement, all director nominees were successfully elected. Voting results showed Quinton Hennigh received 90.2% approval, Greg Jones 93.6%, Karen O’Neill 99.1%, and Michael Spreadborough 98.6%.
The gold exploration company, which focuses on projects in Australia, also noted that a new corporate presentation is now available on its website.
Novo Resources maintains a significant land package of approximately 5,500 square kilometers in Western Australia’s Pilbara region, along with the 22 square kilometer Belltopper project in Victoria. The company’s key focus area is the Egina Gold Camp, where Northern Star Resources Limited is farming-in to form a joint venture at the Becher Project.
The company has recently expanded its exploration portfolio with the addition of the TechGen John Bull Gold Project in New South Wales and the Manhattan Tibooburra Gold Project in northwestern NSW.
Complete details of the voting results have been filed under Novo’s profile at www.sedarplus.ca, according to the press release statement.
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