NDX

Novadx Ventures Corp. (TSX VENTURE:NDX) - 

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER THE
UNITED STATES WIRE SERVICES.


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

Further to the news release dated January 6, 2011, Novadx Ventures Corp.
("Novadx" or the "Company") is pleased to announce that effective Friday January
21, 2011, it completed, through its wholly owned subsidiary, MCoal Corporation
("MCoal"), the acquisition of 100% interest in Tiacme, LLC for consideration of
US$2.5 million in cash and 6,250,000 common shares (the "Shares") of Novadx. The
Shares will be subject to a hold period of four months and one day.


Tiacme, LLC's principal asset is the fully permitted and bonded Rex No. 1 Mine
located in Tennessee. MCoal's NI 43-101 compliant technical report regarding the
Rex No. 1 Mine can be found in Novadx's filings on Sedar (www.sedar.com).


Highlights of this report include:



--  32.2 million tons of Proven and Probable in situ Rex coal reserves. 
--  12.7 million tons of Measured Rex coal resources. 
--  19.4 million tons of Indicated Rex coal resources. 
--  25.7 million tons of Inferred Rex coal resources. 
--  Potential to reclassify up to 75% of inferred coal resource as either
    measured or indicated through drilling of at least 12 additional holes. 
--  The following summary of the Rex coal reserve quality (as received). 

------------------------------------------------------------
               % Ash       %VM       %FC      %Sul    Btu/lb
------------------------------------------------------------
Average         4.88     38.31     56.81       .92    14,358
------------------------------------------------------------
Minimum         2.07     38.00     54.66       .72    13,989
------------------------------------------------------------
Maximum         7.23     39.16     59.26      1.56    14,842
------------------------------------------------------------



Neil MacDonald, CEO of Novadx, commented, "We are very pleased to complete this
accretive transaction and plan to immediately begin work necessary to commence
development of this mine with an anticipated initial production date in the
third quarter of this calendar year. This acquisition significantly increases
our reserves of high quality coal. With improving coal market conditions, we
expect the incremental production from the Rex No. 1 Mine will contribute
significantly to our future profitability."


Technical aspects of this news release have been prepared under the supervision
of George Smith, PE, LS, of Gress Engineering, PC, who is a Qualified Person as
that term is defined under National Instrument 43-101.


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 increasing
its reserves and production through the evaluation and acquisition of high
quality coal assets in the Appalachia coal region.


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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