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Existing Shareholders of NovX21 Are Invited to Participate in Ancillary Private Placement
Published : April 13, 2015
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Mots clés associés :   Canada | Palladium | Precious Metals | Rhodium |

MONTREAL, QUEBEC--(Marketwired - April 13, 2015) - NovX21 Inc. ("NovX21" or the "Corporation") (News - Market indicators) is making a correction regarding the participation of existing shareholders in the private placement of units of the Corporation (the "Units") as described in the press release of April 7, 2015.

Existing shareholders of NovX21 are invited to participate in an ancillary private placement of NovX21 (the "Ancillary Private Placement to Shareholders" and, together with the Private Placement, the "Offering") consisting of Units. Each Unit is composed of 10,000 common shares priced at $0.10 per share and10,000 warrants to purchase common shares of the Corporation at $0.20 each for a 36-month period. The warrants will be subject to an accelerator clause by which the warrant expiry date can be shortened at the Corporation's discretion if the closing share price on the Exchange is $0.25 or higher for a period of more than 20 consecutive trading days, in which case the new expiry date would be the thirtieth day following formal written notification by the Corporation. Such notification cannot be issued during the first four months following the closing of this placement, which corresponds to the regulatory hold period applicable to all private placements.

Existing shareholders of NovX21 who wish to participate in the Ancillary Private Placement to Shareholders are encouraged to contact the Jones Gable, by email at pbernard@jonesgable.com for additional information.

The net proceeds from the Offering will be used to complete the financing of a new commercial plant for the recovery of precious metals of the Platinum Group (Platinum, Palladium and Rhodium or PGMs) in Thetford Mines, Quebec, as well as for general corporate purposes.

Only shareholders of the Corporation who, as of the share register record date of April 7, 2015 held Common Shares of the Corporation and continue to hold Common Shares at the time of closing may participate in the Ancillary Private Placement to Shareholders. The aggregate subscription cost to an existing shareholder for the Units subscribed under the Ancillary Private Placement to Shareholders cannot exceed $15,000, unless such shareholder has obtained advice regarding the suitability of the investment from a registered investment dealer.

Existing shareholders who are residents of the Provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Québec, New Brunswick, Nova Scotia, Prince Edward Island, Yukon, Northwest Territories and Nunavut may participate in the Ancillary Private Placement to Shareholders and existing shareholders resident in countries other than Canada will need to meet local jurisdiction requirements to participate. Shareholders resident in Ontario and Newfoundland and Labrador are not permitted to participate in the Ancillary Private Placement to Shareholders.

About NovX21

NovX21 operates an industrial prototype plant for the recovery of Platinum Group Elements (Platinum, Palladium and Rhodium, or PGMs). The plant is located near Quebec City in St-Augustin-de-Desmaures. Its patented process yields more than 97% recoveries of PGMs, and is not only much less capital extensive but also operates much more rapidly than conventional plants, thus dramatically lowering the amount of time that its customers' capital is tied up as work-in-process inventory. NovX21's mission is to sustainably recover precious metals by recycling end-of-life PGM containing components while meeting global "green" standards for the automobile industry.

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.

Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Novus Gold

EXPLORATEUR
CODE : NOV.V
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Novus Gold est une société d’exploration minière d'or basée au Canada.

Ses principaux projets en exploration sont REN GOLD au Canada et LA YAGUA et LA PACIENCIA en Republique Dominicaine.

Novus Gold est cotée au Canada. Sa capitalisation boursière aujourd'hui est 1,6 millions CA$ (1,2 millions US$, 1,1 millions €).

La valeur de son action a atteint son plus haut niveau récent le 15 avril 2011 à 0,54 CA$, et son plus bas niveau récent le 14 juillet 2016 à 0,02 CA$.

Novus Gold possède 104 010 000 actions en circulation.

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Financements de Novus Gold
13/04/2015Existing Shareholders of NovX21 Are Invited to Participate i...
08/04/2015Existing Shareholders of NovX21 Are Invited to Participate i...
09/03/2015NovX21 Announces Warrant Extension by Two Years
Projets de Novus Gold
02/03/2011(La Paciencia)Australian-Listed Envirogold to Invest Up to Us$10 Million i...
02/03/2011(La Yagua)Australian-Listed Envirogold to Invest Up to Us$10 Million i...
Communiqués de Presse de Novus Gold
26/03/2015NovX21 Announces Leadership Change
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