NDPES Permit Affirmed by Alabama Court
(Vancouver, BC, December 16, 2010) Novadx Ventures Corp. (TSX-V: NDX) (“Novadx”) is pleased to announce that further to the news release of October 7, 2010, its wholly-owned subsidiary MCoal Corporation (“MCoal”) jointly with the Alabama Department of Environmental Management (“ADEM”) have successfully defended the petitioners’ appeal of the Alabama Environmental Management Commission’s (“AEMC”) order of June 25, 2010, affirming ADEM’s issuance of National Pollutant Discharge Elimination System (“NPDES”) Permit No. AL0080080 (the “Permit”).
An Order was issued December 8, 2010, by the Circuit Court of Montgomery County, Alabama, upholding the June 25, 2010 decision of the AEMC, and affirming the proper issuance of the Permit to MCoal for its Rosa Mine. Judge Charles Price of Montgomery County Circuit Court affirmed MCoal’s and ADEM’s position against an appeal filed by Black Warrior Riverkeeper, Inc., and Friends of the Locust Fork River, Inc.
It is the Company’s position that MCoal has either met or exceeded all legal and environmental requirements pertaining to the issuance of the Permit and through proper reclamation work, MCoal is at the same time, reducing the previously uncontrolled surface discharges from the old mine workings at the Rosa Mine site.
About Novadx: Novadx is a Vancouver-based Investment Company whose primary focus is on providing merchant banking services to natural resource companies. Novadx structures and makes direct equity investments as a principal and provides management and other related services to companies in specific resource sectors, such as MCoal Corporation, a subsidiary company that has commenced production from the Rosa mine a metallurgical coal mine in the State of Alabama, USA. For more information please visit www.novadx.com.
About MCoal: MCoal Corporation is a wholly-owned subsidiary of Novadx Ventures Corp. and operates the Rosa Coal Mine. The Rosa Mine is a metallurgical coal mine located in Northern Alabama, approximately 40 miles north of the City of Birmingham. In addition to operating the Rosa Mine, MCoal is actively evaluating a number of high quality coal acquisition opportunities in the Appalachian coal region to increase its reserves and production.
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 and Director
For more information about Novadx Ventures Corp. please contact:
Neil MacDonald
(604) 633-2776 ext 23
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Christopher Haugen
Gale Capital Corp.
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