10:44 AM EST - Novo Resources Corp. : Has received a second payment totaling A$5 million from Calidus Resources Limited for certain tenements comprising the Company’s Blue Spec project now holds a 25% interest in the Blue Spec Project. In order to complete the purchase of the remaining 75% interest in the Blue Spec Project, Calidus must, by March 31, 2021, pay and issue to the Company a further A$10.3 million cash payment and an additional A$1.5 million-worth of Calidus ordinary shares at a price per share equal to the 15-day trailing volume-weighted average price from the date of issuance. Novo Resources Corp.
shares T.NVO are trading up $0.03 at $2.29.
