Nova Growth Corp. - $431,000 Common Share/Warrant Financing Completed

Trading:  Canadian Trading and Quotation System Inc. ("CNQ")
Symbol:   "NOVA"

TORONTO, April 28 /CNW/ - Nova Growth Corp. (the "Company") trading on
CNQ (www.cnq.ca) under the symbol "NOVA" announces the following.
The Company announces that it has completed a financing through the
issuance of Units, each Unit consisting of one common share and one common
share purchase warrant (the "Unit"). Each warrant is exercisable at $0.50 per
common share until February 28, 2010. This financing was reported in a Company
press release on March 21, 2005. Under the financing, the Company sold
862,000 Units at $0.50 per Unit, for gross proceeds of $431,000.
The Company has set Wednesday May 25th, 2005 as the date for its annual
and general meeting of shareholders. Shareholders of record as of April 27th,
2005 will be entitled to vote at the meeting. Details in respect of this
meeting will be mailed to all shareholders of record.
Nova Growth Corp. has 5,226,017 common shares outstanding (6,900,017 on a
fully diluted basis).

Nova Growth Corp. is an Ontario public company. Since March 13, 1998 the
Company has been pursuing its claim to an ownership interest in the Niagara
Falls Casino Gateway Project located in Niagara Falls, Ontario. This project
was awarded to a consortium on February 18, 1998. The claim, Court        
File No. 98-CV-143556 is against Falls Entertainment and against former
management of the Company, Andrzej Kepinski, Richard Boxer, and their holding
companies. In addition, the Company is pursuing two other actions in the
Courts of Ontario against Shiplake Casino Corp. and Park Gaming L.P., Court
File No. 00-CV-197099 and Coopers & Lybrand, et al, Court File              
No. 98-CV-149051.
To review Nova Growth's public documents please visit www.sedar.com and
search Nova Growth Corp. For trading and other corporate information visit
www.cnq.ca under the trading symbol "NOVA".