Market Overview

President of Nova Mining Corp Announces Asian Business Travel Schedule and Responds to Recent Circumstance

SAN ANTONIO--(BUSINESS WIRE)--

Nova Mining Corp. (OTCBB: NVMN) President James Dilger stated today, “I resent what appears to be a recent attempt to mislead the public concerning the Company. This has resulted in hurting our shareholders by a noticeable reduction in share price. My response is to continue with our ongoing business and plans in an even more determined manner. Our current track record and its results reflect our focus on establishing economic advantages in the current lithium market. We could not imagine being in a better tactical business position.”

President Dilger disclosed that he is firming up his 2nd business trip to Asia, which he expects to begin in late September. On this trip, Dilger is making arrangements to stop in Japan before returning to Shenzhen, China. Japanese businesses have recently joined the quest for lithium supplies, recognizing the importance of the material to sustaining its large electronics industry. Lithium is the main ingredient in long-life batteries for many electronics and electric vehicles. On Dilger's last trip to Shenzhen, he returned with three lithium supply deals for battery manufacturers there. He will be following up on business with those companies on this trip.

Nova Mining Corp is making moves ahead of the highly-anticipated Apple (NASDAQ: AAPL) iPhone 5 launch. Nova Mining Corp calculates that the iPhone 5 release will have an equal or greater effect on tightening lithium supplies and raising prices worldwide as the recent Apple iPad launch had.

Nova Mining Corp. (NVMN) seeks out the most potentially lucrative mining projects, supplies and sales of strategic high-demand minerals, such as lithium, as part of its aggressive economic business model. Lithium is the main ingredient in long life batteries, like those used in Apple's popular iPhones and iPads, Google's (NASDAQ: GOOG) new Nexus 7 tablet and Tesla Motor's (NASDAQ: TSLA) new performance electric cars.

About Nova Mining Corp. (OTCBB: NVMN)

Nova Mining Corporation is a Nevada corporation listed on the OTCBB under the trading symbol NVMN. The Company is a growth-focused entity that seeks to acquire an international portfolio of strategic high-demand mineral mining assets. Nova Mining competes in an industry sector that includes FMC Corp.

More information on Nova Mining Corp can be seen at: http://www.nova-mining.com

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

Nova Mining Corp
James Dilger, 210-581-7753

 

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