The TSX Venture Exchange has accepted for filing a purchase and sale agreement dated Aug. 24, 2016, between Novo Resources Corp. and Beaton Creek Gold Pty. Ltd. (a subsidiary of the company), and Talga Resources Ltd., whereby the company may acquire 19 tenements and associated mineral exploration information in the Pilbara region of Western Australia. Consideration is $250,000 (Australian) (paid) and 765,115 common shares ($750,000 (Australian) of common shares). The tenements are subject to a 1.5-per-cent net smelter return (NSR).
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