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Gold/Mining/Energy : NOVA GROWTH CORP. - YVA-CDNX -- Ignore unavailable to you. Want to Upgrade?

To: baystock who wrote (23)	7/8/2001 4:25:06 PM
From: CIMA	Respond to of 37

That's not what I've been told. They've spent three years getting prepared for this lawsuit. They feel they have an extremely strong case and many of the people I've spoken to that know the situation feel the same way. I've been told a "win" should bring between $5 and $10 per share which may be "dividended" out to current shareholders. A loss would make the company virtually worthless as you point out. There have been many opportunities to buy this thing at between .25 and .65 over the past several months. Buying it here is harder to do but the market seldom lies. Something good must be happening. What is your understanding of the situation?

To: baystock who wrote (23)	7/24/2001 9:05:04 PM
From: CIMA	Respond to of 37

From Raging Bull (not my post): ragingbull.lycos.com This company has a lawsuit claiming a sizable interest in the Niagara Falls casino, the interest has been evaluated as being worth around $200 million (over $10/share fully diluted): Attention Business Editors: Nova Growth Corp. - Announces $185 million to $213 million as Preliminary Valuation of Niagara Falls Casino/Gateway Project Claim TORONTO, Sept. 11 /CNW/ - Nova Growth Corp. (the "Company") announces that it has received a report from Mintz and Partners Financial Services ("Mintz") valuing the interest which the Company is claiming in the Niagara Falls Casino/Gateway project (the Project") at between $185,000,000 and $213,000,000. As previously announced, the Company has commenced litigation against its former president, Andrej Kepinski, Richard Boxer and their related companies. The Company asserts that it is the owner of 50% of Falls Entertainment Corporation, one of the participants developing the Project. The Mintz report is based only on publicly available information from the Ontario Casino Corporation and other public sources. As the permanent casino is not yet in operation, the report is based on projections rather than historical information. Mintz has not reviewed the final project agreements among the participants or with the Ontario Government, as these documents are not public. If and when these documents become publicly available, the valuation in the Mintz report will change. Mintz has also made a number of assumptions (which it considers to be reasonable in the circumstances) including with respect to the scope and duration of the project, the financial structure and debt equity ratio to be implemented. Based on the above assumptions and limitations, Mintz has reported that the present value of the interest being claimed by the Company is between $185,000,000 and $213,000,000, using a discount rate range of 9% to 10%. A copy of the Mintz report will be available on the SEDAR database (www.sedar.com). The Company has 9,829,383 common shares, issued and outstanding (11,047,243 on a fully diluted basis). The trial date has been set for April 2nd 2001: Attention Business Editors: Nova Growth Corp. - Announces April 2, 2001 Trial Date for Niagara Falls Casino Litigation and general corporate update TORONTO, Nov. 2 /CNW/ - Nova Growth Corp. (the "Company") announces that the Ontario Court of Justice has set a trial date of April 2, 2001 in respect of the Company's litigation against Andrzej Roman Kepinski (a former President and Director of the Company), 1021862 Ontario Limited (a company beneficially owned by Mr. Kepinski), A. Kepinski & Associates, Richard Boxer (a former director and officer of the Company's wholly owned subsidiary Win North Gaming Corporation), 867214 Ontario Limited (a company associated with Mr. Boxer), Buckingham Capital Corporation (a company associated with Mr. Boxer), and Falls Entertainment Corporation (a company in which Mr. Kepinski and Mr. Boxer have interests). The Company claims, among other things, that certain or all of the interests of any and all of the defendants in Falls Entertainment Corporation and the Niagara Falls Casino-Gateway Project are the property of the Company, that the debentures issued by the Company relating to the acquisition of Win North Gaming Corporation to each of 1021862 and 867214 are void, or voidable at the option of the Company, that the defendants deliver to the Company 1,900,000 shares of the Company, damages in the amount of $10,000,000.00, indemnity for all liabilities incurred by the defendants in the name of the plaintiffs, and that the defendants do not have any interest in or claim against any of the undertakings of the Company, or Win North Gaming Corporation. The Company also announces that it has completed two private placements, each for 428,570 common shares at $0.35 per common share, representing total proceeds to the Company of $300,000. Proceeds from the subscriptions will be used for working capital. The Company has also entered into agreements with certain creditors to convert their outstanding debt into equity of Nova Growth Corp. The total debt of $510,000 will be exchanged for common shares at a price of $0.40 per common share. The total number of shares that would be issued is 1,275,000. The agreements are subject to Shareholder approval, which approval will be sought at the Company's Annual and Special meeting of Shareholders on November 22, 2000. Nova Growth Corp. has 9,829,383 common shares outstanding (11,047,243 on a fully diluted basis). For further information: Mr. Brian Hamm, President and Director at (416) 362-3966 (Voluntary Disclosure: Position- Long; ST Rating- Buy; LT Rating- Strong Buy)

To: baystock who wrote (23)	11/14/2001 12:09:41 PM
From: CIMA	Read Replies (1) \| Respond to of 37

Thursday November 8, 5:16 pm Eastern Time Press Release SOURCE: Nova Growth Corp. Nova Growth Corp. - Announces inclusion in S&P/CDNX - Composite Index TORONTO, Nov. 8 /CNW/ - Nova Growth Corp. (YVA-CDNX) (the "Company") is pleased to announce that its common shares have been included in the recently announced S&P/CDNX - Composite Index. The index is a joint project of Standard & Poors, a leading global provider of financial information and investment analysis, and the Canadian Venture Exchange Inc., a wholly owned subsidiary of The Toronto Stock Exchange Inc. Nova Growth has been ranked in the top one- third (1/3) of the some 500 companies in the Index, according to the published criteria. The index will debut on December 10, 2001. For further information, including a list of index member companies and the detailed criteria for inclusion and methodology, please refer to the CDNX press release of November 7, 2001. The Company further reports that in its press release of October 29, 2001 it was erroneously reported that it had granted an aggregate of 1,500,000 stock options, in fact, the Company had issued 1,600,000 stock options. The Company apologizes for any inconvenience that this may have caused. However, the basic and fully diluted shares outstanding were accurately reported. The Canadian Venture Exchange ("CDNX") has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release. Nova Growth Corp. has 11,104,383 common shares outstanding (19,729,383 on a fully diluted basis). For further information, please contact, Mr. Brian L Hamm, President and Director at (416) 362-3966, or visit the Company's information folder on www.sedar.com. For further information please contact, Mr. Brian L Hamm, President and Director at (416) 362-3966, or visit the Company's information folder on www.sedar.com.