NovX21 Announces Annual General Meeting Results

MONTREAL, QUEBEC--(Marketwired - Jul 7, 2014) - NovX21 Inc. (the "Corporation") (TSX VENTURE: NOV) announced today that shareholders have approved all resolutions put forth at the Company's Annual Meeting of Shareholders held on Friday, July 4, 2014, in Montreal, Quebec.

Sylvain Boulanger, President and Chief Executive Officer of NovX21, said, "We are pleased with the results from our Annual Meeting this year. The NovX21 team would like to thank shareholders for their continued support."

The shareholder rights plan (the "Plan") was adopted to encourage a fair treatment of its shareholders, should a take-over bid be made for the common shares of NovX21. The Plan will provide the Board and the shareholders, more time to consider unsolicited take-over bid for NovX21. The Plan is intended to discourage coercive or unfair take-over bids and gives the Board time to pursue alternatives to maximize shareholder's value, if appropriate, in the event of an unsolicited take-over bid.

The Plan has not been adopted in response to, or in contemplation of, any specific proposal to acquire control of the Corporation. The Plan is effective since its approval by the shareholders at the Corporation's annual meeting of shareholders held on July 4, 2014.

The Plan, which is subject to the TSX Venture Exchange's final approval, is similar to other shareholder rights plan recently adopted by several other public companies and approved by their respective shareholders. A complete copy of the Plan will be available under NovX21's SEDAR profile at www.sedar.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About NovX21

NovX21 operates an industrial prototype plant near Quebec City in St-Augustin-de-Desmaures for the recovery of Platinum Group Metals (Platinum, Palladium and Rhodium, or PGMs). Its patented dry chlorination process yields more than 97% PGM recovery, and is quick, clean, affordable and energy efficient. NovX21's mission is to sustainably recover and recycle end-of- life precious metals while meeting the global greener standards for the automobile industry. To learn more, visit www.novx21.com.