Novo Sells Remaining Interest in Quartz Hill Joint Venture

HIGHLIGHT

Commenting on this transaction, Mike Spreadborough, Executive Co-Chairman and Acting Chief Executive Officer, said:

“Novo would like to thank the Liatam group for the work they have done on the joint venture and their ongoing support as a major shareholder. We wish them well with their ongoing work at Quartz Hill. This transaction aligns with Novo’s strategy to focus on our gold exploration in the Pilbara which includes the Egina JV. It is an exciting time to be in gold exploration with gold at record prices. Notwithstanding this transaction, our shareholders still retain significant exposure to the battery metals space through our Harding Battery Metals Joint Venture with SQM Australia Pty Ltd in the West Pilbara.”

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