SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
__________________
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Act of 1934
Date of Report(Date of Earliest Event Reported): June 21, 2000
NOVA NATURAL RESOURCES CORPORATION
(Exact name of registrant as specified in its charter)
Colorado 0-15078 84-1227328
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File No.) Identification No.)
4340 East Kentucky Ave, Suite 418, Glendale, Colorado 80246
(Address of principal executive offices) (Zip Code)
(303)863-1997
(Registrant's telephone number, including area code)
ITEM 5. Other Events
The Company reported on April 24, 2000 that it had signed a Letter
of Intent with Torita Donghao LLC ("Torita Delaware"), a Delaware
Corporation by which Torita Delaware will acquire control of the
Company. Torita Delaware is a wholly-owned subsidiary of Torita
Group of the People's Republic of China ("PRC").
A provision of the Letter of Intent provided for its termination
upon the earlier of the entering into by Torita Delaware and Nova
Natural Resources Corporation ("Nova") of a definitive agreement
covering the contemplated transaction, or 60 days from April 21,
2000, whichever was earlier, unless the Parties agreed to an
earlier termination.
In order to complete negotiation of the definitive agreement and
provide time for the parties to conduct appropriate due diligence
activities, Torita Delaware and Nova have agreed to extend the
expiration date of the Letter of Intent to July 31, 2000.
The Letter of Intent is non-binding, and completion of the
transaction depends on execution of the definitive acquisition
agreement and the completion of satisfactory due diligence.
Although Nova has every intent to successfully complete this
transaction, there can be no assurance that this transaction will
be completed, or if completed, that the terms will be as presently
contemplated.
Nova Natural Resources Corporation
(Registrant)
BY: /s/ Brian B. Spillane
________________________________
Brian B. Spillane, President
BY: /s/ James R. Schaff
________________________________
James R. Schaff, Secretary-Treasurer
