Stocks in play: Novo Resources Corp.

Has closed the second and final tranche of its previously announced sale of 15 million shares of New Found Gold Corp.. In the second tranche, Novo sold a total of 6.75 million escrowed New Found shares to a corporation controlled by Eric Sprott at $8.45 per share for gross proceeds of approximately $57.0 million Inclusive of the gross proceeds raised from the sale of 8.25 million New Found shares sold to Sprott at $8.35 per share in the first tranche, gross proceeds of approximately $125.9 million have been raised from the Transaction. Novo Resources Corp. shares T.NVO are trading unchanged at $0.55.

Read:

• Mega Grocery Store Chains Listening to Customers’ Demands for Nutritious, Clean-Label Foods

• Innovative Food Stocks Responding to Conflict-, and Drought-Driven Food Supply Shocks

• Crypto Miners Finding Success While Shifting Towards Environmentally Sustainable Operations

• New Approaches Towards Immunotherapy Give Hope in Fight Against Solid Tumors

• As a Major Social Media Shuffle Looms, Uptake and Value of Dogecoin (DOGE) Surges