Novadx Enters Into Option Agreement to Acquire Mineral Rights to a Historical Estimated 172 Million Ton
Novadx (PINK:NDXFF) announced that its wholly owned subsidiary, MCoal Corporation has entered into an option agreement dated August 12, 2010, to acquire a mineral deed from The Miami Land Company, of Chattanooga, Tennessee.
Novadx (PINK:NDXFF) announced that its wholly owned subsidiary, MCoal Corporation has entered into an option agreement dated August 12, 2010, to acquire a mineral deed from The Miami Land Company, of Chattanooga, Tennessee.
The press release is quoted as saying:
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.