Novadx Ventures and Sandstorm Metals & Energy announce completion of the acquisition of Mine 12, the Turley Rail Load-Out, and the Smokey Junction Preparation Plant located in Campbell and Scott Counties, Tennessee. The Tennessee Properties were acquired from Premium Coal Company National Coal, LLC and Jacksboro Coal Company, LLC for an aggregate [...]
Novadx Ventures announces that its 2012 Annual General Meeting previously scheduled for November 20, has been delayed pending receipt of all requisite regulatory approvals with respect to various matters which are to be put before shareholders for approval at the Meeting. The Company will advise shareholders of the new date for the Meeting once it [...]
Novadx Ventures is pleased to announce the appointment of Marc Solochek to the Company's Board of Directors. Mr. Solochek brings over 30 years of experience in the coal industry to Novadx. Mr. Solochek currently serves as a financial consultant to the mining industry, advising companies such as Norwest Corporation, on a full range of the financial [...]
Novadx announces that Novadx and Sandstorm Metals & Energy have entered into a Letter of Intent to acquire certain coal properties and assets located in Campbell and Scott Counties, Tennessee generally known as Mine 12, the Turley Rail LoadOut, and the Smokey Junction Preparation Plant in the vicinity of the Company's Rex No. 1 Mine. The Tennessee [...]
Novadx Ventures announces that it, together with Casimir Capital, has finalized the terms of its special warrant financing at a price of $0.05 per Special Warrant, for minimum aggregate proceeds of CDN $15 million and maximum aggregate proceeds of CDN $25 million, previously announced on September 21, 2012.
Novadx Ventures is pleased to announce that Daniel Roling has been appointed as President, CEO and Director of Novadx and its subsidiaries effective immediately. Mr. Roling was previously the President and CEO of National Coal Corp., a southern Appalachian coal producer, from August 2006 until it was sold in December 2010. While at National Coal [...]
Novadx is pleased to announce that it has initiated a strategic plan, with the support of Sandstorm Metals & Energy, that is focused on the following key initiatives: 1. Preserving the value of the Rex No.1 coal mine in Campbell County, Tennessee by financing and posting the reclamation bond that is required to receive the final permits for the [...]
Novadx provides the following update on its Rosa Mine operations in Blount County. Novadx is pleased to announce that, further to its news release of March 4, 2011, the Supreme Court of British Columbia has issued a decision in favour of the Company and its wholly owned subsidiary, MCoal Corporation and dismissed all of the claims of the holders of [...]
Novadx Ventures is pleased to announce that it has filed on SEDAR an updated National Instrument 43-101 - Standards of Disclosure for Mineral Projects report titled "Technical Report on the Rex Coal Mine Property, MCoal Corporation, Campbell County, Tennessee, USA", prepared for Novadx dated effective March 31 by Mr. John Feddock, P.E., Senior Vice [...]
