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Nova Minerals Ltd Board/Management Information 2010

Oct 5, 2010

34115_rns_2010-10-05_35ac755e-b288-469d-8642-0d5fb907c4e6.pdf

Board/Management Information

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Quantum Resources Limited

ABN 84 006 690 348

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Level 8, 580 St Kilda Road, Melbourne Victoria 3004, Australia PO Box 6315, St Kilda Road Central Melbourne, Victoria 8008, Australia

Telephone: +61 3 8532 2840 Facsimile: +61 3 8532 2805 Email: [email protected]

5 October 2010

Manager Companies Australian Securities Exchange 4th Floor 20 Bridge Street SYDNEY NSW 2000

Dear Sirs

Appointment and Resignation of Directors

The Company wishes to advise that Mr Craig Michael has been appointed a Director of the Company and Mr Mordechai Gutnick has resigned as a Director of the Company.

Mr Michael has over 10 years experience as a geology professional in the mining and resources industry. He is currently a Director of North Australian Diamonds Limited, Top End Uranium Ltd, Aurum, Inc. and ProIndia International, Inc., and Executive General Manager of Legend International Holdings, Inc. His previous work was with Oxiana Ltd, an international mining company with operations in South East Asia and Australia.

Mr Gutnick has made a significant and important contribution to the Company during the period of his directorship, for which the Board extends its sincere thanks.

Yours sincerely

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PETER LEE Company Secretary