BRIEF-Brazil Resources to buy Titiribi gold-copper project from NovaCopper

Thu Aug 18, 2016 7:41am EDT
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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 Source text for Eikon: Further company coverage: