NOVAMIN BOARD TO RECOMMEND BREAKWATER <BWRLF> BID <Novamin Inc> said its board will recommend to shareholders the takeover offer made by Breakwater Resources Ltd. Breakwater is offering to exchange one Breakwater share for each two shares of Novamin, the company said. Breakwater will issue about 3.7 mln shares for all Novamin shares presently issued and outstanding. Additional shraes of Breakwater will be issued if warrants and options of Novamin are exercised.