Articles Tagged "Novadx Ventures Corp."

Novadx Ventures: Supreme Court of BC Dismisses All Claims of Series A and B Secured Convertible Debentures Holders

Coal – Novadx Ventures Corp. (TSXV:NDX) announced that 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 the Series A and Series B Secured Convertible Debentures.

Novadx Files Updated Technical Report

Coal – Novadx Ventures Corp. (TSXV:NDX) 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", which included total measured and indicated resources of 38.1M tons and inferred resource of 9.6M tons.

Notice of Technical Adequacy Issued to Novadx

Coal – The United States Department of the Interior, Office of Surface Mining in Knoxville, Tennessee has issued Novadx Ventures Corp. (TSXV:NDX) a Notice of Technical Adequacy in respect to the Company's application to revise its permit to construct and operate a coal washing facility at its Rex No. 1 Mine located in Campbell County, Tennessee.

Full Commercial Production at Rosa Mine

Novadx Ventures Corp. (TSXV:NDX) announced that in December 2011, the Company moved to full commercial production at the Rosa Mine. Since December 2011, the wash plant at the Rosa Mine has produced approximately 13,800 tons of coal, which were sold at an average price of $166 per ton to customers in the coking coal and activated carbon industries.

Alabama Court of Appeals Issues Order in Favour of Novadx

MCoal Corporation, a wholly-owned subsidiary of Novadx Ventures Corp. (TSXV:NDX), together with the Alabama Department of Environmental Management, have defended the action by the Black Warrior River Keepers, Inc. and Friends of the Locust Fork, Inc. challenge to ADEM's 2009 issuance of the National Pollutant Discharge Elimination System Permit N0. AL0080080 to MCoal for operation of its Rosa mine in Blount County, Alabama.