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NWM and BioteQ Settle Lawsuit 0

TORONTO — (Marketwire) — 04/27/12 — (TSX VENTURE: NWM) announces NWM has agreed to settle legal action relating to a copper recovery SART plant built at NWM-s Mexican mine site.Under the terms of the settlement, NWM will pay BioteQ Environmental Technologies Inc. $1.3 million in cash over two years; BioteQ will retain ownership of the treatment plant and will demobilize it from NWM-s site. The initial $200,000 payment by NWM has been made. A second payment of $400,000 is due April 30, 2013.

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