This is a response from Leo of Nova last week:

Hi xxxx,

Nothing to worry about. One party participated in the placement by putting money in escrow. They are having financial trouble now. I thought it best to let them exit rather than having an investor who will be a loose cannon. They are gone. And we did not issue them any shares. Our burn rate is low, we have roughly 5m in the bank. Our budget for the year is around 2m dollars. Our catalysts for the year are below;

·First NI 43-101 report which will allow us to apply to a larger exchange--Completed

·8 hole core program to be used for metallurgical testing

·First NI 43-101 compliant resource for Beaton Creek

·PEA for Beaton's Creek

·Undertake and expand RC drill program at Beaton's Creek

·Marble Bar exploration