NovaDX Registered as Limited Market Dealer in Ontario

October 24, 2008
NovaDX Registered as Limited Market Dealer in Ontario

NovaDX Ventures Corp, President & CEO, Neil MacDonald, reports:

(Vancouver, BC, October 24, 2008) NovaDX Ventures Corp ("NovaDX") - TSX-V:NDX - reported today that the Ontario Securities Commission has, effective as of October 15, 2008, granted the registration of NovaDX Ventures Corp., under the provisions of the Securities Act (Ontario) in the category of Limited Market Dealer.

Neil MacDonald, President and CEO of NovaDX, stated "We are pleased with this important development and the opportunities it presents for NovaDX. Registration as a Limited Market Dealer will allow NovaDX the opportunity to continue its activities as a market intermediary in the Province of Ontario."

About NovaDX: NovaDX is a Vancouver-based investment firm whose primary focus is on providing merchant banking and other business advisory services to micro‐cap natural resource issuers, a largely overlooked but important sector of the equity markets. NovaDX's business plan involves seeking out investment opportunities in companies that have quality management and projects that demonstrate an above average opportunity for new resource discoveries. NovaDX works closely with management of these companies with the objective of mitigating risk and enhancing the value of its investments. NovaDX intends to pursue opportunities in North America and abroad. NovaDX seeks a return on its investments supplemented with revenue from investment banking, investment fund administration and advisory services. For more information please visit www.novadx.com.

ON BEHALF OF THE BOARD
The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the qualification under the securities laws of such jurisdiction.

Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward-looking statements" for purposes of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The company cautions readers that forward-looking statements, including without limitation those relating to the company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements.

For more information, please contact Neil MacDonald, Rick Peterson or Adam Ho at 604-633-2776 or send us an email at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .