The long-awaited compilation will be with us very shortly...

NIRVANA‘s long awaited best of compilation will be released on November 11.

As revealed here in August, the one disc compilation record will be simply titled ‘Nirvana’. Released in November, the album is now confirmed to feature ‘You Know You’re Right’, the last recording singer Kurt Cobain made with his Nirvana bandmembers.

The song was leaked onto the Internet last month, and has subsequently been played on radio stations across the world.

A joint statement has been issued by Dave Grohl, Courtney Love, and Krist Novoselic. It reads: “We have settled our legal dispute. We are all pleased that these issues have been resolved positively and we can move on. Together, we are happy to announce the release of ‘Nirvana’, a one-CD history of the band that will include ‘You Know You’re Right’, the last recording that Kurt made with Dave and Krist.”

Accompanying the release will be a promotional video for ‘You Know You’re Right’, containing previously unseen footage of the group.

Now the legal disputes are settled, this makes way for more Nirvana releases in the coming years. A comprehensive boxed set will be released in 2004, and a rarities album in between.

The statement concludes: “We hope that this release will enable longtime Nirvana fans to hear some of their favourite songs in a new context. At the same time, the upcoming CD will allow a whole new audience to appreciate Nirvana‘s music and Kurt Cobain’s great talent. We are now moving forward. We thank our fans for their support.”

The news came the same day that Cobain’s widow Courtney Love settled her long running legal dispute with Universal Music. It is as part of this deal, release of the Nirvana catalogue has become possible. Love is now free of her record deal, and is working on solo material.

NME.COM understands that the first release will come via Alan McGee’s Poptones label early next year.