Novo Resources Corp (TSX:NVO, OTCQX:NSRPF) has appointed Elza van der Walt as chief financial officer (CFO) following the resignation of Ronan Sabo-Walsh as CFO and corporate secretary.
Van der Walt will also serve as joint corporate secretary along with Lisa Smith, who has also been appointed as general counsel.
Both appointments in the finance and corporate fields took effect on August 21, 2023.
Sabo-Walsh thanked
Novo Resources has thanked Sabo-Walsh for his services and notable contribution to the company and has wished him success in the future.
The company has also received approval from the TSX for an extension to the holding of its annual general meeting of shareholders, to October 31, 2023.
About Novo
Novo explores and develops a prospective land package covering around 10,500 square kilometres in the Pilbara region of Western Australia, along with the 22-square-kilometre Belltopper project in the Bendigo Tectonic Zone of central Victoria, Australia.
READ: Novo Resources Corp unveils exploration plan across extensive tenement portfolio in Pilbara and Victoria
The company recently outlined an exploration plan for the remainder of 2023 across its extensive tenement portfolio.
ASX listing plan
This plan remains subject to the successful completion of the proposed IPO capital raising and ASX dual listing.
Executive co-chairman and acting CEO Mike Spreadborough recently said: “The first half of 2023 has been a transformative period for Novo, highlighted by our earn-in and joint venture agreement at our flagship Becher Project with leading Western Australian gold developer De Grey, who we also welcomed as our largest shareholder through a cornerstone investment of A$10 million.
“Set for busy second half”
“We are set for an exciting and busy second half. Importantly, our highly prospective 10,500 square kilometre exploration portfolio in the Pilbara and Belltopper in Victoria provides Novo with a strong platform for growth and we have several exploration programs planned to commence across key targets.
“We are also progressing our ASX listing plans and remain on track to hit the boards in Q3 2023.
“The move to dual list on the ASX is the logical next step in our growth plans, considering local investor appetite for mining and exploration companies with projects located in Australia.
“We believe the listing would provide significant benefits to Novo including increased liquidity, access to potential new sources of equity and attracting institutional investment and equity research coverage as we seek to deliver on our growth strategy.”