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Novo Announces Result of Annual Meeting and Changes in Directors

19.11.2014  |  The Newswire

VANCOUVER, BC / TNW-ACCESSWIRE / November 19, 2014 / Novo Resources Corp. ("Novo" or the "Company") (CSE: NVO; OTCQX: NSRPF) is pleased to announce the results of its Annual General Meeting of Shareholders (the "Meeting") held on November 18, 2014, in Vancouver. At the Meeting, the shareholders of the Company approved all resolutions put before them by management, including the election of directors and re-appointment of the auditor.

At the Meeting, the Company's shareholders re-elected Quinton Hennigh, Herrick Lau, and Akiko Levinson as directors of the Company. In addition, the shareholders elected Luca Bechis as a director. David Velisek did not stand for re-election, and the Company expresses its appreciation to Mr. Velisek and thanks him for his invaluable contributions over the last five years.

About Luca Bechis

Mr. Bechis is a former partner of Egerton Capital, a major UK hedge fund. In 2004, he founded Richmond Partners Ltd. to which he remains an advisor and largest investor. Over the last few years, Mr. Bechis has focused on restructuring several junior resource companies and recently privatized the majority of the assets of Noventa, a UK listed company, and Gulf Industrials, an ASX listed company. In addition to his duties as a director of the Company, Mr. Bechis is splitting his time between South Africa, where his family is based, and mining operations in Mozambique and Uganda.

Mr. Bechis obtained a master's in business administration with honours from Bocconi University in Italy and has over 25 years of experience in international capital markets.

About Novo Resources Corp.

Novo's focus is to evaluate, acquire and explore gold properties. The company presently has multiple joint ventures earning a 70% interest in approximately 20,000 square kilometers of the Pilbara region, Western Australia. For more information, please contact Leo Karabelas at (416) 543-3120 or e-mail leo@novoresources.com.

On Behalf of the Board of Directors,

Novo Resources Corp.

"Quinton Hennigh"

Quinton Hennigh

CEO and President

The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

Copyright (c) 2014 TheNewswire - All rights reserved.


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