Nova Announces Ticker Symbol Change From NVAO to NVBF
November 01 2006 - 8:00AM
PR Newswire (US)
HOUSTON, Nov. 1 /PRNewswire-FirstCall/ -- Nova Biosource Fuels,
Inc. (OTC:NVBF) (BULLETIN BOARD: NVBF) announced today that Nasdaq
has changed Nova's ticker symbol on the OTC Bulletin Board System
to NVBF in connection with its recent name change from Nova Oil,
Inc. to Nova Biosource Fuels, Inc. The new ticker symbol (OTC:NVBF)
(BULLETIN BOARD: NVBF) became effective on the open of the market
on November 1, 2006, replacing the old symbol (OTC: NVAO) (BULLETIN
BOARD: NVAO) . Shareholders holding Nova Oil, Inc. stock
certificates are not required to exchange them or take any action
in connection with the name change or the ticker symbol change.
About Nova Biosource Fuels, Inc. Nova Biosource Fuels, Inc. is an
energy company in the business of synthesizing and distributing
renewable fuel products and related co-products. Nova's initial
focus will be to construct and operate two to four biodiesel
refineries with production capacity of between 120 to 240 million
gallons of biodiesel fuel on an annual basis. Nova's business
strategy for the next three years includes the construction of up
to seven biodiesel refineries with production capacities ranging
from 20 to 60 million gallons per year. All of Nova's refineries
will use its proprietary, patented process technology, which
enables the use of a broader range of lower cost feedstocks. More
information on Nova can be found at http://www.novabiosource.com/.
Nova recently changed its name from Nova Oil, Inc. and previously
used the trade name Nova Energy Holding, Inc. Forward Looking
Statements This news release contains forward-looking statements,
including statements regarding Nova's plans, goals, strategies,
intent, beliefs or current expectations. These statements are
expressed in good faith and based upon a reasonable basis when
made, but there can be no assurance that these expectations will be
achieved or accomplished. Readers are urged to carefully review and
consider the various risk factors disclosed by Nova in its reports
filed with the Securities and Exchange Commission, including Nova's
Current Report on Form 8-K filed on April 3, 2006, as amended, and
its Quarterly Report on Form 10-Q for the quarter ended July 31,
2006, as amended, which describes the risks and factors that may
affect Nova's business, financial condition, results of operation
and cash flows. If one or more of these risks or uncertainties
materialize, or if the underlying assumptions prove incorrect,
Nova's actual results may vary materially from those expected or
projected in this release or in Nova's other filings. DATASOURCE:
Nova Biosource Fuels, Inc. CONTACT: J.D. McGraw, President, of Nova
Biosource Fuels, Inc., +1-713-869-6682; or Matt Kreps of
Halliburton Investor Relations, for Nova Biosource Fuels, Inc.,
+1-972-458-8000 Web site: http://www.novabiosource.com/
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