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Bullboard - Stock Discussion Forum Novadx Ventures Corp NDXFF

"NovaDx Ventures Corp is a mining company engaged in the exploration, development and recovery of coal. The company's operations are principally directed towards the Rex No."

GREY:NDXFF - Post Discussion

Novadx Ventures Corp > News Release Today
View:
Post by slowwhizz on May 10, 2012 9:47pm

News Release Today

BC Supreme Court issued a decision in favor of NovaDX dismissing all claims of Series A and B Secured Convertible Debentures against their claim of 25% of the Rosa Mine. Appeal date apparently expired on May 7, 2012.

https://www.novadx.com/news-releases-2012/199-novadx-provides-update-on-rosa-mine

For more information pleas contact KIN Communications (it really does say that in the release)

Comment by slowwhizz on May 10, 2012 9:54pm
This part of the release sounds like the need for more cash at Rosa. Sre they making enough money to complete  the remaing three increments of phase 1 at Rosa? "The Company has all of the necessary permits in place to complete the mining of all five increments under its phase 1 mine plan at the Rosa Mine. The Company is currently nearing the completion of mining the second increment, and ...more