10:07 AM EST - Novo Resources Corp. : Is providing an update on the previously announced sale of a portion of its Blue Spec project comprising mining leases 46/115 and 46/244 and related mining information in Western Australia to ASX-listed Calidus Resources Limited. Calidus has paid AUD $7.7 million to the Company to date. The Company and Calidus have executed a letter deed and agreed to a path to completion of the Transaction for the originally agreed consideration of AUD $19.5 million. Novo Resources Corp.
shares T.NVO are trading down $0.03 at $3.18.