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NVO.TO ·

Novo Announces Results of 2020 Annual General Meeting

Shareholder Meetings

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Suite 880, 580 Hornby Street

Vancouver, BC V6C 3B6

NOVO ANNOUNCES RESULTS OF 2020 ANNUAL GENERAL MEETING

VANCOUVER, BC , December 18, 2020 - Novo Resources Corp. (“Novo” or the “Company”)

(TSX-V: NVO & NVO.WT; OTCQX: NSRPF) is pleased to announce that its Annual General Meeting

of shareholders was held in Vancouver, British Columbia, Canada on December 17, 2020 at which all

resolutions were passed, being:

- Setting the number of directors to be elected at six;

- The re-election of the incumbent directors of the Company, being Quinton Hennigh, Rob

Humphryson, Akiko Levinson, Michael Barrett, and Yoshikazu Ishikawa;

- The election of Ross Hamilton as a new director of the Company;

- The re-appointment of EY Australia, appoi nted as auditor of the Company on May 10, 2019,

as auditor of Novo; and

- Approval of the Company’s stock option plan.

Novo management and the directors would like to formally welcome Mr. Hamilton to the board of

directors and look forward to his guidance and leadership as the Company’s advances its Beatons Creek

project to production.

About Novo Resources Corp.

Novo is advancing its flagship Beatons Creek gold project to production while exploring and developing

its highly prospective land packa ge covering approximately 14,000 square kilometres in the Pilbara

region of Western Australia. In addition to the Company’s primary focus, Novo seeks to leverage its

internal geological expertise to deliver value -accretive opportunities to its shareholders . 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.