NVO

Novo Resources strengthens balance sheet with $11.5m San Cristobal Mining sale

Novo Resources (ASX: NVO) has bolstered its financial position with the sale of 38% of the company’s holding in San Cristobal Mining for gross proceeds of around $11.5 million. The sale leaves Novo with a strong balance sheet, including cash of $16.7 million and investments of approximately $44.6m. Novo’s remaining shareholding in San Cristobal has […]