NovX21 (Previously Pro-Or) Announces the Closing of a $3 million Private Placement

NovX21, previously Pro-Or (TSX VENTURE:NOV), a technology company which operates
a recovery plant for precious metals of the Platinum Group, is pleased to
announce the closing of a previously announced $3 million private placement at a
price of $0.10 per share.


Common shares of the Corporation ("Common Shares") were offered to accredited
investors. Each Common Share is accompanied by one common share purchase
warrant, entitling the holder to acquire one Common Share at an exercise price
of $0.20 per Common Share for a period of 36 months from the date of issuance.
The warrants are subject to an acceleration clause by which the warrant period
of the warrants can be reduced, at the Corporation's discretion, if the closing
price of the Common Shares on the Exchange is equal to or above $0.30 on 20
consecutive trading days, in which case the exercise period of the warrants will
be reduced to 30 days following formal written notification by the Corporation
to that effect. 


"We are very pleased to have successfully reached our goal of securing this
equity financing that will allow us to build our first 200-tonne commercial
recovery plant. This will propel the Corporation to an upward level of its
development and will facilitate our discussions with debt investors, potential
offtake agreements and commercial bank lenders", said Sylvain Boulanger,
President and CEO of NovX21.


The Corporation has initiated discussions in order to identify capital cost
savings to build the proposed plant. The construction time is estimated at
between 9 and 12 months following the signing of feedstock agreements for the
supply of at least 100 tonnes per year of catalytic converters ceramics.


NovX21 also announces that on January 14, 2014, the Board of Directors has
approved a grant of options for an aggregate of 1,150,000 common shares of the
Corporation, at $0.15 per share, for a period of five years, to employees,
consultants, directors and officers, including 50,000 options to a consultant
retained to provide investor relations activities.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release. 


About NovX21

NovX21 operates an industrial prototype plant for the recovery of Platinum Group
Elements (Platinum, Palladium and Rhodium or PGMs). The plant is located near
Quebec City in St-Augustin-de-Desmaures. Its patented process yields more than
97% recoveries of PGMs, and is not only much less capital extensive but also
operates much more rapidly than conventional plants thus dramatically lowering
the amount of time that its customers capital is tied up as work-in-process
inventory. NovX21's mission is to sustainably recover precious metals by the
recycling of end-of-life PGM containing components while meeting global "green"
standards for the automobile industry.


NovX21 also holds the mineral rights to six mining properties and has focused
its exploration activities on the Menarik property in the James Bay area, in the
Province of Quebec, the site of a major chromite deposit with occurrences of
gold, nickel, copper and platinum group metals (PGMs). The operation of NovX21's
patented and proprietary processes to such deposits may lead to a breakthrough
in low cost primary mining metallurgy in the near future.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Sylvain Boulanger, P.Eng.
President & CEO
info@novx21.com
(514) 506-9121


Nicole Blanchard, Managing Partner
Sun International Communications
nicole.blanchard@isuncomm.com
(450) 973-6600

NOVX21 Inc. (TSXV:NOV)
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