GBM Resources Limited (GBZ.AX)

Novo Completes Consolidation of Belltopper Gold Project, Victoria, Australia

HIGHLIGHTS Acquisition of remaining 50% interests in the adjacent Queens and Malmsbury gold joint ventures which comprise the Belltopper gold project in the prolific Bendigo Tectonic Zone of Australia’s Victorian Goldfields is now completeA$0.75 million cash paid and 2,088,554 common shares (with a contractual 12-month hold period) issued to Kalamazoo Resources (ASX:KZR) worth approximately A$0.75 million for its 50% joint venture interest in the Queens projectA$1 million cash and 4,037,872 comm