Nova Biosource to offer stock

November 20, 2007

Nova Biosource Fuels Inc. will offer up to 200 million shares of stock, according to the company's filing with the U.S. Securities and Exchange Commission. According to its prospectus, the company "may offer from time to time" common stock, preferred stock, depository shares, debt securities and warrants. In September, the company sold $55 million in convertible senior secured notes to finance its acquisition of a 10 MMgy biodiesel refinery in Clinton County, Iowa.

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