NovaDX Announces Non‐brokered Private Placement
NovaDX Ventures Corp, President & CEO, Neil MacDonald, reports:
(Vancouver, BC, October 9, 2009) NovaDX Ventures Corp (“NovaDX”) ‐ TSX‐V: NDX
NovaDX announces that it plans to complete, subject to the approval of the TSX‐V, a
non‐brokered private placement of up to 2,000,000 shares of the Company at a price of
$0.15 per share for total gross proceeds of up to $300,000. The proceeds of the private
placement will be used for investment and working capital. A finder's fee may be
payable in accordance with the policies of the TSX‐V.
About NovaDX: NovaDX is a Vancouver‐based investment firm whose primary focus is
on providing merchant banking and other business advisory services to natural resource
companies. MCoal Corporation, a Novadx Ventures subsidiary company, is currently in
the permitting stage for the initiation of mining at its 100%‐owned Rosa metallurgical
coal deposit in Alabama. For more information please visit www.novadx.com.
This press release is not for distribution in the United States or over United States wire
services.
ON BEHALF OF THE BOARD
Neil MacDonald
President and CEO
Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the
adequacy or accuracy of this release. 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 about NovaDX Ventures Corp. please contact:
Neil MacDonald, President and CEO
(604) 633‐2776
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Robin Bjorklund, or
Griff Jones Investor Relations
OceanPoint Advisors Inc.
(604) 682‐7339
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