16 September 2016
ASX:TLG
http://www.talgaresources.com/irm/PDF/1455/KiskamaIOCGProjectDrillingResults
Sale of Pilbara Gold Projects Completed
Talga Resources Ltd
ABN 32 138 405 419
1st Floor, 2 Richardson St, West Perth, WA 6005
T: +61 8 9481 6667
F: +61 8 9322 1935
www.talgaresources.com
Corporate Information
ASX Code TLG, TLGOA
Shares on issue 181.9m Options (listed) 44.9m Options (unlisted) 36.2m
Company Directors
Keith Coughlan
Non-Executive Chairman
Mark Thompson
Managing Director
Grant Mooney
Non-Executive Director
Stephen Lowe
Non-Executive Director
Talga Resources Ltd ("Talga") (ASX Code: TLG) is pleased to confirm that following statutory approvals Talga has received 765,115 common shares ("Shares") of the TSX Venture-listed Novo Resources Corp (TSX-V: NVO, OTCQX: NSRPF).
The Shares are subject to a statutory hold period expiring 16 January 2017 and based on the last closing price (CAN$1.66) are valued at approximately AUD$1.28m.
This completes the sale agreement of the Pilbara gold projects ( see ASX:TLG 26 Aug 2016). Talga retains an ongoing 1.5% net smelter royalty on any mineral production from the projects.
For further information, visit www.talgaresources.com or contact: Dean Scarparolo
Company Secretary Talga Resources Ltd T: + 61 (08) 9481 6667
About Talga
Talga Resources Ltd ("Talga") (ASX: TLG) is an advanced material minerals company developing graphene and micrographite products for the coatings, energy storage, construction products and composites markets. Talga products have significant potential advantages in performance, value and application owing to unique ore and patent pending process technology.
http://www.talgaresources.com/irm/PDF/1455/KiskamaIOCGProjectDrillingResults
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Talga sources graphite ore from its 100% owned deposits in Sweden, with pilot test processing at the Company's pilot test facility in Germany. Collaborative testing is underway with a range of corporations including industrial conglomerate Tata, Jena Batteries and UK listed Haydale.