Novadx Completes Shares for Debt with Sandstorm

NEWS RELEASE

August 20, 2013 Symbol: TSX-V: NDX

Novadx Completes Shares for Debt with Sandstorm

Vancouver, BC, August 20, 2013 – Further to its news release of August 13, 2013, Novadx Ventures Corp. (the “Company”) (TSX-V: NDX) announces the completion of its previously announced debt settlement with Sandstorm Metals & Energy Ltd. of Vancouver, British Columbia ("Sandstorm"). Pursuant to the settlement, Sandstorm has acquired beneficial ownership of 20,000,000 common shares (the "Shares") of the Company. The Shares were acquired from treasury at a price of $0.05 per Share in settlement of an aggregate of $1,000,000 of the Company's outstanding debt owed to Sandstorm. The Shares are subject to a hold period expiring December 21, 2013.

Following the settlement, Sandstorm has ownership and control over 20,000,000 Shares, representing approximately 19.88% of the Company's issued and outstanding shares.

Sandstorm has acquired the Shares for investment purposes. Sandstorm has no present intention to acquire or dispose of securities of the Company, other than as previously announced and disclosed in the Company's news release on August 13, 2013, but may in the future, acquire or dispose of securities of the Company, through the market, privately or otherwise, as circumstances or market conditions warrant.

A copy of the early warning report filed with the applicable securities regulators regarding the above acquisition will be available within the applicable time and will be available at www.sedar.com under the Company's profile.

ON BEHALF OF THE BOARD Daniel A. Roling President, CEO and Director

For more information about Novadx Ventures Corp. please contact:

Daniel A. Roling +1 (865) 392-4282 [email protected]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the qualification under the securities laws of such jurisdiction.

This release contains "forward-looking information" that includes information relating to future events and future financial and operating performance, including management's assessment of Novadx's and MCoal's future outlook, potential financings, potential acquisitions, properties, permitting and mining activities and production. Specifically, this release contains forward-looking information related to future development of assets, mining operations, permitting and regulatory and shareholder approvals, and potential financings. Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward-looking statements" for purposes of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. Forward-looking information should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by which, that performance or those results will be achieved. Forward-looking information is based on information available at the time it is made and/or management's good faith belief as of that time with respect to future events, and such information is subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking information. Important factors that could cause these differences include but are not limited to: requisite regulatory and shareholder approvals, actual or expected sampling or production results, pricing and assumptions, projections concerning reserves and/ or resources in our mining operations; changes in contracted sales, the business of the Company may suffer as a result of uncertainty surrounding the coal market; the Company may be adversely affected by other economic, business, and/or competitive factors; the worldwide demand for coal; the price of coal; the price of alternative fuel sources; the supply of coal and other competitive factors; the costs to mine and transport coal; the ability to maintain existing mining leases and rights and the ability obtain new mining leases, rights and permits; governmental and regulatory and shareholder approvals, the costs of reclamation of previously mined properties; the risks of expanding coal mining activities and production; the ability to bring new mines on line on schedule; industry competition; the Company's ability to continue to execute its growth strategies; the Company's ability to secure and complete additional financing and debt restructuring; the Company's ability to complete planned acquisitions; and general economic conditions. You should not put undue reliance on any forward-looking information. We assume no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward looking information, except to the extent required by applicable securities laws. If we do update one or more forward-looking information, no inference should be drawn that we will make additional updates with respect to those or other forward-looking information. The company cautions readers that forward- looking statements, including without limitation those relating to the company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements.