Source: Novo Resources Corp.
  • Novo Resources (NVO) has released its inaugural sustainability statement for the 12-month period ended June 30, 2022
  • The company undertook its first sustainability materiality assessment in early 2022 in order to generate a roadmap to drive improvement and further build its governance framework
  • Novo engaged Environmental Resource Management (ERM) to assess the company’s existing environmental, social and governance processes earlier this year
  • Novo Resources Corp acquires and explores natural resource properties with a focus on gold
  • Novo Resources Corp. (NVO) opened trading at C$0.395

Novo Resources (NVO) has released its inaugural sustainability statement for the 12-month period ended June 30, 2022.

Mr. Mike Spreadborough, Novo’s Executive Co-Chairman and director, commented on the news.

“The company undertook its first sustainability materiality assessment in early 2022 in order to generate a roadmap to drive improvement and further build its governance framework to align with ambitions. Recognizing the growing demand for transparency in sustainability performance, we have identified a number of actions moving forward to ensure we deliver on our commitment to continue being open and honest. We see transparency as essential to good governance and responsible operation, moreover being in the best interest of our stakeholders. In the year to come, we will focus on identifying opportunities to further reduce risk and improve our business practices, make meaningful contributions to the communities in which we operate, and investigate decarbonization and emission reduction pathways.”

In early 2022, Novo engaged global sustainability consultancy Environmental Resource Management (ERM) to assess the company’s existing environmental, social and governance processes and controls to help identify gaps and progress efforts to achieving alignment with internationally recognized frameworks on best practices in sustainable operations.

Novo Resources Corp is engaged in the business of acquiring and exploring natural resource properties with a focus on gold. The organization has business interests in properties located in Australia, Canada, and the U.S.

Novo Resources Corp. (NVO) opened trading at C$0.395.


More From The Market Online

Nine Mile Metals completes acquisition of 3 properties

Nine Mile Metals (CSE:NINE) completes the exercise and acquisition of its 100 per cent interest in three properties in New Brunswick.

Junior gold CEO signals conviction with new investment

Cynthia Le Sueur-Aquin, CEO of junior gold stock Laurion Mineral Exploration (TSXV:LME), will exercise 750,000 stock options for C$142,500.

Three stocks with multi-bagger potential

The best investors stick to stocks with the most easily discernible reasons in support of their multi-bagger potential.
Laurion Mineral Exploration Ishkõday gold project

Top-performing mining stock adds three new gold zones

Laurion Mineral Exploration (TSXV:LME), a top-performing junior gold stock, shares assay results from its 2024 drilling program in Ontario.