VANCOUVER, Sept. 4, 2013 /CNW/ – Newmont Canada FN Holdings ULC (“Newmont“), a subsidiary of Newmont Mining Corporation, announced today that it
has acquired beneficial ownership of 17.76 million (approximately 35.7%
after giving effect to the exercise of certain warrants in connection
with the transaction) of the outstanding common shares of Novo
Resources Corp. (“Novo“) pursuant to private agreements with two shareholders of Novo. The
price to be paid by Newmont for the common shares acquired under the
two agreements is $0.914, in cash, per common share and $0.90, in cash,
per common share, respectively.

Newmont is acquiring the common shares of Novo for investment purposes
and may, subject to market conditions, take other actions in respect of
Novo, including making additional investments in, or effecting
dispositions of, securities of Novo.

In acquiring the beneficial ownership of the common shares, Newmont has
relied on the exemption from the prospectus requirements under section
2.3 of National Instrument 45-102 and the exemption from the
requirements of Part 2 of Multilateral Instrument 62-104 under section
4.2 of Multilateral Instrument 62-104.

SOURCE NEWMONT CANADA FN HOLDINGS ULC