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 it and its wholly owned subsidiary MCoal Corporation ("MCoal") have
executed a further amendment to the letter of intent with Ikerd Group of
Companies ("Ikerd") previously announced July 6, 2010 and November 26, 2010.
Pursuant to the terms of this amendment, the Company and Ikerd have agreed to
extend closing of the acquisition of the Ikerd assets (the "Closing") until
certain conditions are satisfied, including the approval of the TSX Venture
Exchange, and in the interim, MCoal has assumed financial, administrative and
mine management control of the operations of Ikerd. The Company also has agreed
to further extend the loan facility previously announced March 10, 2011 to Ikerd
Mining LLC, in order to fund current operations.


Ikerd Mines:

The Ikerd assets consist of four permitted surface coal mines and related mining
equipment, stoker plant and rail load out facilities in eastern Kentucky. The
first of these mines, the Flatwood's Mine, has operated since early 2009
producing a high quality thermal coal at an average rate of 25,000 tons per
month. Production at this mine was idled at the beginning of May 2011 awaiting
the issuance of a KPDES permit in connection with a new mine area which has been
fully developed and is ready to be mined. MCoal anticipates that this KPDES
permit will be issued by early June and has developed mine plans to begin mining
this new area immediately upon the KPDES permit issuance at historical
production rates. All other permits necessary to recommence mining operations at
Flatwoods are already issued.


In anticipation of recommencing operations, MCoal has assumed management control
of the Ikerd operations and is being designated as operator under Ikerd's mine
permits. Subject to satisfaction of certain conditions precedent, MCoal intends
to close this acquisition prior to the end of June, 2011 and has received an
extension from Sandstorm Metals and Energy Ltd ("Sandstorm") until June 30, 2011
to close this transaction. Pursuant to a Coal Production Payment Agreement with
Sandstorm previously announced on November 26, 2010, MCoal has received and
aggregate US$30 million in up front deposits against future coal production from
Rosa and Rex Mines and expects to receive an additional US$8 million up front
deposit upon closing of the Ikerd asset acquisition. 


In addition to recommencing operations at the Ikerd Flatwoods Mine, MCoal is
evaluating plans to commence production of thermal coal at a second Ikerd
surface mine known as the Elk Creek Mine following closing of the Ikerd
acquisition. All permits, road access, initial mine development and equipment
necessary to commence operation of the Elk Creek Mine are in place. 


Rosa Mine: 

MCoal has commenced construction of a wash plant at the Rosa Mine site, and in
anticipation of operating this facility MCoal has been stockpiling raw coal over
the past two months. A permit amendment allowing for operation of the wash plant
has been applied for and is expected to be granted shortly. The operation of the
new wash plant is expected to significantly increase recoveries and reduce
transportation costs associated with toll washing the Rosa coal. While the wash
plant is being constructed MCoal plans to continue mining operations and
continue to stockpile coal until the new wash plant commences operations.
Commissioning of the new wash plant is expected in the third calendar quarter of
2011.


Once the wash plant is operational, MCoal intends to increase production at Rosa
through the implementation of a second auger machine. This machine has been
ordered and delivery is expected in September, 2011. The addition of this second
auger should allow MCoal to increase production at the Rosa Mine.


Rex No. 1 Mine: 

MCoal has commenced development of the fully permitted Rex No.1 underground
mine. MCoal has completed building new access roads to the existing mine works,
leased additional surface area to accommodate a coal preparation facility at the
mine entry area, prepared the mine entry area, purchased necessary underground
mining equipment and is currently installing collars at the mine entries. Once
collar installation is complete, MCoal plans to commence underground
rehabilitation of mine entries and expects to commence production in third
calendar quarter of 2011.


Neil MacDonald, President and CEO of Novadx and President of MCoal commented,
"We are very pleased with our progress on plans to rapidly expand production at
MCoal and establish the Company as a profitable and recognized participant in
the US coal industry. To date, our Rosa and Rex No. 1 mine projects are
proceeding within budgeted capital expenditures and time frames. We are now in
control of operations at Ikerd and are confident that we can meet our objectives
with this project as well. As a result of these initiatives and activities over
the past few months, Novadx is well positioned to build shareholder value
through meeting our goal of sustainable positive cash flow and achieving our
aggregate mothly production targets by the end of 2011."


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.


This release contains "forward-looking information" that is based on Novadx's
expectations, intentions, plans, beliefs, estimates and projections as of the
dates as of which those statements were made. This forward-looking information
may include, among other things, statements with respect to future production at
the Company's operating mines and other operations. Generally, this
forward-looking information can be identified by the use of forward-looking
terminology such as "outlook", "anticipate", "project", "target", "believe",
"estimate", "expect", "intend", "should", "scheduled", "will", "plan", "would"
and similar expressions. Forward-looking information is subject to known and
unknown risks, uncertainties and other factors that may cause Novadx's actual
results, level of activity, performance or achievements to be materially
different from those expressed or implied by such forward-looking information
and is developed based on assumptions about such risks, uncertainties and other
factors, including but not limited to changes in commodity prices; the strength
of the United States economy; the effects of competition and pricing pressures;
the oversupply of, or lack of demand for, the Company's products; currency and
interest rate fluctuations; various events which could disrupt the Company's
operations; the Company's ability to obtain additional funding on favourable
terms, if at all; and the Company's ability to anticipate and manage the
foregoing factors and risks. Additionally, statements related to the quantity or
magnitude of coal deposits are deemed to be forward looking statements. The
reliability of such information is affected by, among other things,
uncertainties involving geology of coal deposits; uncertainties of estimates of
their size or composition; uncertainties of projections related to costs of
production; the possibilities in delays in mining activities; changes in plans
with respect to exploration, development projects or capital expenditures; and
various other risks including those related to health, safety and environmental
matters. Although Novadx has attempted to identify important factors that could
cause actual results to differ materially from those contained in
forward-looking statements, there may be other factors that cause results not to
be as anticipated, estimated or intended. There can be no assurance that
forward-looking statements will prove to be accurate. Accordingly, readers
should not place undue reliance on forward-looking statements. Novadx disclaims
any intent or obligations to update or revise publicly any forward-looking
statements whether as a result of new information, estimates or options, future
events or results or otherwise, unless required to do so by law.

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