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NOV

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0.00 (0.00%)
Share Name Share Symbol Market Type
TSXV:NOV TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

NovX21's Board Approves Location of New PGM Plant

14/05/2014 12:00pm

Marketwired Canada


NovX21's (TSX VENTURE:NOV) Board of Directors has selected and approved the
region of Quebec where the Company's new plant will be built. The Company is
currently in talks with the reeve of the Regional County Municipality in
question, who has indicated his region's interest in hosting the plant. The
reeve visited the Company's facilities in Saint-Augustin-de-Desmaures with his
team to gain a better understanding of the technology, so as to be able to
provide all the necessary support. An announcement regarding the region selected
will be made soon. 


The Seneca engineering team has already started the basic engineering for
construction of the new plant.


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.


NovX21 also holds the mineral rights to six mining properties and has focused
its exploration activities on the Menarik property in the James Bay area, in the
Province of Quebec, the site of a major chromite deposit with occurrences of
gold, nickel, copper and PGMs. The use of NovX21's patented, proprietary
processes for such deposits may lead to a breakthrough in low-cost primary
metallurgy in the near future.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Sylvain Boulanger, P.Eng.
President & CEO
(514) 282-2110
info@novx21.com


Nicole Blanchard, Managing Partner
Sun International Communications
(450) 973-6600
nicole.blanchard@isuncomm.com

1 Year NOVX21 Inc. Chart

1 Year NOVX21 Inc. Chart

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1 Month NOVX21 Inc. Chart

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