Brief: Brazil Resources to buy Titiribi gold-copper project from NovaCopper

GoldMining

18/08/2016 12:35

Aug 18 (Reuters) - Brazil Resources Inc: 
    * Brazil Resources to acquire the Titiribi gold-copper 
project from NovaCopper 
    * Total consideration of 5,000,000 common shares and 
1,000,000 share purchase warrants of brazil resources 
    * Brazil resources will acquire all shares of sunward, 
wholly-owned subsidiary of NovaCopper holding a 100% interest in 
Titiribi project 
    * Deal consideration includes 1 million share purchase 
warrants, each warrant exercisable into BRI share at $3.50 per 
share for two years 
 
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Further company coverage:  BRI.V  
 
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