NDX

Novadx Ventures Corp. (TSX VENTURE:NDX) - 

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Novadx Ventures Corp., President & CEO, Neil MacDonald, reports:

Novadx Ventures Corp. ("Novadx" or the "Company") (TSX VENTURE:NDX) announces
that as a result of recent developments in its due diligence it has begun taking
steps to terminate its efforts to acquire the assets of Ikerd Mining, LLC, Ikerd
Terminal Company, LLC and Ikerd Transportation Company, LLC (hereinafter
referred to collectively as "Ikerd"). Accordingly, the Company delivered notice
to Ikerd that it is terminating its management agreement with Ikerd announced
May 26, 2011. In connection with terminating the management agreement, the
Company has made demand of Ikerd to repay all amounts due to the Company under
the management agreement and previously announced credit facility.


Novadx also announces that it has filed a lawsuit in connection with these
developments against Ikerd and its Managing Member, Frank Ikerd, seeking damages
for breach of contract, breach of good faith and fair dealing, fraud,
misrepresentation, unjust enrichment and has also made a demand for a full
accounting. Novadx will be taking all steps available to it to protect its
interests.


Novadx CEO, Neil MacDonald, commented, "We are fortunate to have identified
these issues prior to closing the Ikerd transaction. We move forward with a cash
position of approximately $8.3 million and continue to have strong operations
and development at our Rosa Mine in Alabama and Rex Mine in Tennessee. The
Company intends to provide a more detailed update on these projects in the
coming weeks. We will continue to identify and pursue the acquisition of quality
projects with established coal reserves in the Appalachia coal region, with a
view to further enhancing value to our shareholders."


About Novadx: Novadx Ventures Corp. is a Vancouver based mining investment
company. Novadx's primary focus is to invest its capital to acquire and develop
companies with active or near production high quality coal reserves in the US
Appalachia coal region. Novadx intends to continue to grow the value of its coal
investments through expanding production and reserves amongst its existing
investments and by investing in additional acquisitions. Novadx is actively
evaluating a number of high quality coal acquisition opportunities. For more
information please visit www.novadx.com.


About MCoal: MCoal Corporation is a wholly-owned subsidiary of Novadx Ventures
Corp. which operates the Rosa coal mine in Blount County, Alabama and is
developing the Rex No.1 coal mine in Campbell County, Tennessee.


ON BEHALF OF THE BOARD

Neil MacDonald, President and CEO and Director

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.

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