NXA Inc. Announces Cancellation of Previously Announced Business Combination

TORONTO, ONTARIO--(Marketwired - Sept. 2, 2014) -

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NXA INC. (the "Company") (TSX VENTURE:NXI.H) today announced that it is not proceeding with its business combination with Ontario Graphite Ltd. previously announced on April 17, 2014. Trading of the common shares of the Company will resume after the TSX Venture Exchange has accepted the withdrawal of the proposed transaction.

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.