NovX21 Inc. announced a private placement of units at a price of CAD 0.05 per unit on July 29, 2015. Each unit would be composed of a common share priced at CAD 0.05 per share and a warrant to purchase a common share at CAD 0.06 each for a 12-month period. Existing shareholders are invited to participate.

Only shareholders, who, as of the share register record date of July 29, 2015, held common shares and continue to hold common shares at the time of closing, may participate in this transaction. No finders' fee is expected to be paid for this transaction. The transaction is expected to close on or about August 7, 2015.

The securities being issued are subject to a four-month hold period. The transaction is subjected TSX Venture Exchange approval.