Mississauga, ON -- (SBWire) -- 09/17/2018 --AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Novo to Acquire Strategic Portfolio of Tenements in Western Australia, Shares Pop On News."
Companies mentioned in this article include Novo Resources Corp. (TSX-Venture:NVO) (OTCQX:NSRPF).
Article Excerpt:
Shares of Novo Resources Corp. (TSX-Venture:NVO) (OTCQX:NSRPF) are on the upswing on the back of the company announcing earlier this morning that it has entered into two property transactions in the Egina region of Western Australia.
The Company entered into a share purchase agreement whereby the Company will acquire 100% of the issued and outstanding shares of Farno-McMahon Pty Ltd, an Australian proprietary limited exploration company. The Company paid AUD $150,000 in cash to Farno upon execution of an initial agreement. The Company will pay a further AUD $2.35 million in cash to the shareholders of Farno and issue AUD $5.5 million-worth of Novo common shares at a deemed price of CAD $4.107 per share to the shareholders of Farno.
The full version of this article can be found at:
https://www.allpennystocks.com/aps_ca/special-reports/971/novo-to-acquire-strategic-portfolio-of-tenements-in-western-australia-shares-pop-on-news.htm
About AllPennyStocks.com
AllPennyStocks.com is focused on the small-cap / penny stock market and has become a reputable name in the investment community. AllPennyStocks.com runs a Canadian and US site to provide investors in Canada as well as the United States with informative and unique content and information. AllPennyStocks.com runs daily technical penny stocks to watch, has a daily market write-up, provides company spotlights, runs unique most active pages strictly for penny stocks trading on the TSX, TSX Venture, NASDAQ and OTC BB, and much more information for the average investor.
AllPennyStocks.com also runs an email newsletter that aims to uncover stocks that are still under the radar of most investors. Criteria AllPennyStocks.com looks for includes strong revenues, a seasoned management, innovative business plans, among many others. AllPennyStocks.com also looks for companies that announce breaking news, recent 52-week highs/lows, technical breakouts, and other favorable corporate information.
Investors are encouraged to subscribe to the AllPennyStocks.com FREE e-mail newsletter and see what tens of thousands of other investors have already been receiving since 1999. Investors can receive their free newsletter subscription by clicking here:
http://www.allpennystocks.com/aps_common/newsletter_free.asp.
Contact:
AllPennyStocks.com Media, Inc.
Peter Szafranski -- President
Phone: (905) 361-5680
E-Mail: peter@allpennystocks.com
Websites: http://www.allpennystocks.com / http://www.bullishinvestor.com
Note: AllPennyStocks.com has not received compensation for carrying the above-mentioned company; a full disclaimer can be viewed here: http://www.allpennystocks.com/aps_common/disclaimer.asp.
All Penny Stocks.com News: Novo to Acquire Strategic Portfolio of Tenements in Western Australia, Shares Pop on News