Brief: Kalamazoo Resources Says Option Granted To Novo Resources Over Queens Project
23/09/2020 24:50
Sept 23 (Reuters) - Kalamazoo Resources Ltd KZR.AX :
* GRANTED NOVO RESOURCES OPTION TO EARN INITIAL 50%
INTEREST, THEN
FURTHER 20% IN VICTORIAN EXPLORATION LICENCE EL007112
* OPTION GRANTED IN EXCHANGE FOR 24,883 NOVO COMMON SHARES
* NOVO HAS 6-MONTH TO EXERCISE OPTION TO EARN A 50% INTEREST
IN
QUEENS PROJECT BY PAYING CO ADDITIONAL $2 MILLION WORTH OF NOVO
SHARES
Source: https://bit.ly/2RREMFO
Further company coverage: KZR.AX
((Reuters.Briefs@thomsonreuters.com;))
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