Message #3 From:
Stock News Bot Date: August 10, 2005 02:15:00 AM
NVAS News Novastar Resources to Present at Upcoming China Mining Conference 2005
NEW YORK--(BUSINESS WIRE)--Aug. 10, 2005--Novastar Resources Ltd. (OTCBB: NVAS) has announced that the Company will present at the 2005 China Mining Conference in Beijing, China on November 16, 2005.
At the conference, Novastar Resources will inform and discuss the societal benefits of Thorium from both social and political perspectives. The government of China has an extensive nuclear energy program, so this vast potential market is of particular importance to Novastar. Speaking on behalf of the Company will be the following members of the management team:
-- Seth Grae, President, Thorium Power, Inc. and Board member, Novastar Resources
-- Seth M. Shaw, Director of Strategic Planning, Novastar Resources
The China Mining Conference 2005 (http://www.china-mining.com/program.shtml) which runs from November 15-17, 2005, will feature a number of presentations and speeches by major global mining companies and leading politicians from the People's Republic of China (PRC) as well as many other nations. The conference shall focus on the importance of the Chinese economy on the global mining industry. Tens of thousands of people are expected to attend the three day event.
Commenting on the China Mining Conference 2005, Novastar President Paul Carter stated: "The Company is thrilled to have received an invitation to such an important event. The Chinese economy is growing at a fast pace and Novastar offers many benefits to the China Mining industry as well as the potential for many mutually rewarding relationship with leading Chinese companies."
Novastar Resources will update investors shortly before the presentation date of November 16, 2005.
About Novastar Resources
Novastar Resources, Ltd. is a publicly traded company within the commercial mining sector and is significant commercial mining source of Thorium. The company's stock is traded and quoted on the OTC Bulletin Board under the symbol NVAS. Further information is available on the company's website at www.novastarresources.com.
Safe Harbor Statement This press release may include certain statements that are not descriptions of historical facts, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. These forward looking statements may include the description of our plans and objectives for future operations, assumptions underlying such plans and objectives and other forward looking terminology such as "may," "expects," "believes," "anticipates," "intends," "expects," "projects," or similar terms, variations of such terms or the negative of such terms. Such information is based upon various assumptions made by, and expectations of, our management that were reasonable when made but may prove to be incorrect. All of such assumptions are inherently subject to significant economic and competitive uncertainties and contingencies beyond our control and upon assumptions with respect to the future business decisions which are subject to change. Accordingly, there can be no assurance that actual results will meet expectations and actual results may vary (perhaps materially) from certain of the results anticipated herein.
