Market Overview

Nova Mining Corp Management Readies for Reported Multiple Apple Product Launches in Upcoming Weeks

SAN ANTONIO--(BUSINESS WIRE)--

Nova Mining Corp. (OTCBB: NVMN) President James Dilger announced that the Company has been making tactical moves ahead of the highly-anticipated Apple (NASDAQ: AAPL) iPhone 5 and iPad Mini launch that are expected to both take place in early September. Coupled with the recent $1Bil verdict Apple has just won, some expect this will help Apple corner the smartphone market. Since Apple's last iPad release was credited with further tightening the lithium market while also driving up prices, management of Nova Mining Corp strongly believes the upcoming Apple product releases and associated sales will create exponential lithium demand pressures – which should be very good business for the Company.

Nova Mining Corp is betting that the quality rail infrastructure from Mongolia to China's electronic ...

Nova Mining Corp is betting that the quality rail infrastructure from Mongolia to China's electronic manufacturing centers will be a supply advantage for the Company. (Photo: Business Wire)

Nova Mining Corp recently learned that it may have up to $12Bil in lithium currently under contract in Mongolia. Since Mongolia is connected by quality rail service to China's manufacturing centers, Company management believes that it is in the best position to take advantage of the current lithium “seller's market”. Lithium is the main ingredient for long life batteries used in smartphones and computing tablets. China is a leading manufacturer of components for smartphones and tablets.

“Our plans are to try and be a significant supplier of lithium into China during peak demand and peak prices,” stated President Dilger. “We already have three lithium supply deals for battery manufacturers located in Shenzhen. We are working on logistics to reliably supply Shenzhen as well as other Chinese electronics manufacturing centers by rail, which should hopefully result in a boon for the Company.”

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.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50387875&lang=en

Nova Mining Corp
James Dilger, 210-581-7753

 

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