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Novo debt-free after New Gold share sale

Sprott the buyer

Michael Quinn
Drilling at Beatons Creek, WA

Drilling at Beatons Creek, WA

The sale equates to a price of $8.39 per share, a circa 9% premium to its trading price this week, with the buyer being an Eric Sprott-controlled corporation. As of last year Novo had a US$60 million...

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