User:NOVX21

NOVX21 Chronological History

Here is a chronological history of NOVX21 company activities. In 1988 Pro-Or begins mining exploration. In 2000 a Chromite deposit (1.6 to 1 ratio) found at Menarik property R&D to upgrade the ratio of iron to chromite through Research Institute (INRS)Pro-Or files patent for process to upgrade Chromite ratio. In 2005, after Research and development from INRS, Pro-Or files patent for process to recover PGM from concentrate and ore. The same year, 2005, Pro-Or builds prototype plant. 2007 to 2011 is the development period of the commercial equipment to recover PGM and final improvements. The 2012 year is the completion of mass balance yield study. In June 2013, this is the completion of the pre-feasibility study.

In december 2013, shareholders approve change of name to NovX21 and change of status to a “technology issuer” and a “mining issuer”. From January to November 2014 is a financing period and the construction of the plant and ongoing JV discussions.

Source:

1- http://www.novx21.com/ 2- http://www.novx21.com/documents/fr/NovX21_presentation_corporative_juin_2014_.pdf (page 22)