Liatam invests a further A$1.8 million in Novo

Liatam Mining Pty Ltd. (Liatam), a privately owned mining services company based in Perth Western Australia, announced its A$1.8 million investment in Novo Resources Corp. (Novo).

Subject to Toronto Stock Exchange approval, Liatam has agreed to further invest A$1.8 million to obtain 9,000,000 shares at A$0.20 per share in Novo to increase their shareholding from ~3% to ~6%.

Fasken advised Liatam with a team led by Martin Ferreira Pinho (M&A).