The Annual Shareholder meeting will take place May 4, 2016
Montréal, Québec (FSCwire) - NovX21 Inc. ("NovX21 or the Company") is pleased to announce that Mr. Salvatore Infantino, Mr. Sam Szlamkowicz and Mr. Manuel Guedes are joining the Board as independent board members as well as will sit on the Audit Committee of the Company. Mr. Yvan Tremblay is resigning effective immediately.
Mr. Hojatollah Vali is appointed chief executive officer of the Company.
The Annual shareholder meeting will take place in Montreal on May 4, 2016. More details will be available in the circular of information to be mailed to shareholders and filed on SEDAR. The record date will be March 25, 2016.
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.
René Branchaud, Corporate Secretary
Nicole Blanchard, NovX21 Director
Tel: (450) 973-6600
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.