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NVO.TO ·

Novo Reports Scheduling of 2022 Annual General Meeting

Shareholder Meetings

Suite 880, 580 Hornby Street

Vancouver, BC, Canada V6C 3B6

P: +1-416-543-3120 E: [email protected] www.novoresources.com

June 2, 2022

NOVO REPORTS SCHEDULING

OF 2022 ANNUAL GENERAL MEETING

VANCOUVER, BC - Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO , NVO.WT & NVO.WT.A)

(OTCQX: NSRPF) reports that its annual general meeting (the “Meeting”) has been scheduled for June 28, 2022

at 4pm PDT.

Due to the continuing COVID-19 pandemic and in consideration of the health and safety of our shareholders

and colleagues and the broader community, the Company asks that shareholders not attend the Meeting in

person and instead requests that shareholders vote by proxy using the enclosed instrument of proxy/voting

instruction form accompanying the Meeting notice and information circular. No management presentation

will be made at the Meeting. However, if you wish to attend the Meeting in person despite this request, you

must contact Diane Barley ( [email protected]) by June 16, 2022 so that you may be informed of, and

confirm your agreement with, th e applicable conditions of attendance. Please see the Company’s notice of

meeting and information circular, as filed under the Company’s profile at www.sedar.com, and on the

Company’s website at www.novoresources.com, for further details of the Meeting.

Recognizing the important opportunity that an annual meeting provides shareholders to both hear from, and

communicate with, management, a presentation and virtual question and answer period will be organized

immediately subsequent to the Meeting, details of which will be announced in the near future.

Shareholders with any questions are encouraged to contact Leo Karabelas at [email protected] or +1-

416-543-3120.

ABOUT NOVO

Novo operates its flagship Beatons Creek gold project while exploring and developing its prospective land

package covering approximately 11,000 square kilometres in the Pilbara region of Western Australia. In

addition to the Company’s primary focus, Novo seeks to leverage its internal geol ogical 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.

“Michael Spreadborough”

Michael Spreadborough

Executive Co-Chairman and Acting CEO