The TSX Venture Exchange has accepted for filing a mining property sale and purchase agreement dated Aug. 17, 2015, between the company and Northwest Resources Ltd. Pursuant to the terms of the agreement, the company will acquire certain tenements in the Pilbara region of Western Australia, certain plant, equipment and chattels, and other information, from the vendor. By way of consideration, the company will make cash payments totalling $350,000 (Australian) and will issue 485,394 shares at a deemed price of approximately 59 Canadian cents per share.

Please refer to the company's news release dated Aug. 17, 2015, for further details.