Melbourne, Australia — December 22, 2025 — Leads & Copy — Nova Minerals Limited (Nasdaq: NVA, NVAWW) (ASX: NVA), FRA: QM3)), a gold, antimony, and critical minerals exploration company, announced the closing of its underwritten public offering, which raised approximately $20 million before deductions.
The offering consisted of 2,928,300 American Depositary Shares (ADS) at a public price of $6.83 per ADS, with each ADS representing 12 ordinary shares. Underwriters have been granted a 45-day option to purchase up to 439,245 additional ADSs to cover potential over-allotments.
Nova intends to allocate the proceeds to exploration and development activities at its Estelle Project. These activities include drilling, exploration, feasibility and environmental studies, camp expansion, permit and approval processes, and initial development work. Funds will also be used for general corporate purposes and working capital.
ThinkEquity served as the sole book-running manager for the offering.
The securities were offered and sold under a prospectus supplement to the company’s shelf registration statement on Form F-3 (File No. 333-292084), including a base prospectus, filed with the SEC on December 11, 2025, and declared effective on December 17, 2025. The offering was made only by means of a written prospectus. The final prospectus supplement will be filed with the SEC and made available on its website. Copies can also be obtained from ThinkEquity, located at 17 State Street, 41st Floor, New York, New York 10004.
This announcement does not constitute an offer to sell or a solicitation of an offer to buy securities, nor will there be any sale of these securities in any jurisdiction where such an offer, solicitation, or sale would be unlawful prior to registration or qualification under local securities laws.
Nova Minerals Limited is focused on advancing the Estelle Project, which covers 514 km2 of mining claims in Alaska. The project contains multiple mining complexes along a 35 km mineralized corridor, featuring over 20 gold and antimony prospects. Two multi-million ounce gold resources are already defined, along with several drill-ready antimony prospects that show stibnite vein systems at the surface. The Estelle Project is 85% owned and is located 150 km northwest of Anchorage, Alaska, within the Tintina Gold Belt.
The Tintina Gold Belt is a province which hosts a >220 million ounce documented gold endowment and some of the world’s largest gold mines and discoveries including, Kinross Gold Corporation’s Fort Knox Gold Mine. The belt also hosts significant Antimony deposits and was a historical North American Antimony producer.
Contact:
Investor Relations:
Dave Gentry, CEO
RedChip Companies, Inc.
Phone: 1-407-644-4256
Email: NVA@redchip.com
Craig Bentley
Director of Finance & Compliance & Investor Relations
E: craig@novaminerals.com.au
M: +61 414 714 196
Source: Nova Minerals Limited
