Novo Announces Dtc Eligibility

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c/o Suite 2900, 595 Burrard Street

Vancouver, BC V7X 1J5

NOVO ANNOUNCES DTC ELIGIBILITY

VANCOUVER, BC, October 19, 2018 - Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO;

OTCQX: NSRPF) is pleased to announce that its OTCQ X-listed common shares are now eligible for electronic

clearing and settlement through the Depository Trust Company (“DTC”) in the United States.

DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the

electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically

cleared and settled through DTC are considered to be "DTC eligible”. DTC eligibility is expected to simplify the

process of trading and enhance liquidity of the Company's common shares on the OTCQX.

About Novo Resources Corp.

Novo’s focus is to explore and develop gold projects in the Pilbara region of Western Australia, and Novo has

built up a significant land package covering approximately 12,000 sq km. For more information, please contact

Leo Karabelas at (416) 543-3120 or e-mail [email protected]

On Behalf of the Board of Directors,

Novo Resources Corp.

“Quinton Hennigh”

Quinton Hennigh

Chairman and President

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the

TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.