Nova Minerals Ltd — Capital/Financing Update 2020

Jan 30, 2020

==> picture [596 x 169] intentionally omitted <==

• 31 January 2020

NOVA MINERALS LIMITED ASX: NVA FSE: QM3

Nova Minerals Limited (ASX:NVA FSE:QM3) is a minerals explorer and developer focused on gold and lithium projects in North America.

==> picture [141 x 45] intentionally omitted <==

Board of Directors: Mr Avi Kimelman Managing Director / CEO

Mr Louie Simens

Executive Director

Mr Christopher Gerteisen Non-Executive Director General Manager Estelle / North America

Mr Avi Geller

• To: Australian Securities Exchange

Cleansing Statement Notice Pursuant to Section 708A(5)(e) of the Corporations Act

Nova Minerals Limited (the Company ) gives notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act ) as follows:

• (a) The Company has issued 60,539 full ordinary paid shares ( Shares ) in the Company at an issue price of $0.0325 (3.25 cents) per Share from the exercise of 60,539 listed options (ASX Code: NVAO).

• (b) The Shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act.

• (c) As at the date of this notice, the Company has complied with:

  • the provisions of Chapter 2M of the Corporations Act, as they apply to the Company; and

  • Section 674 of the Corporation Act.

• (d) As at the date of this notice, there is no 'excluded information' (within the meaning of sections 708A(7) and 708A(8) of the Corporations Act) required to be disclosed under section 708A(6)(e) of the Corporations Act.

For and on behalf of Nova Minerals Limited

Non-Executive Director

Management:

Ian Pamensky Company Secretary

Mr Dale Schultz

Technical lead / Chief Geologist

Mr Brian Youngs Head of Exploration and Logistics

Company Secretary: Ian Pamensky

==> picture [141 x 32] intentionally omitted <==

Contact:

Nova Minerals Limited Level 17, 500 Collins Street Melbourne, VIC, 3000

P: +61 3 9537 1238 F: +61 3 9614 0550

W: www.novaminerals.com.au E: info@novaminerals.com.au

This announcement has been authorised for release by the Board.

-Ends-

Further information: Investor Enquiries:

Avi Kimelman Chairman/ MD E: info@novaminerals.com.au P: +61 39537 1238

Ian Pamensky Company Secretary E: info@novaminerals.com.au P: +61 414 864 746

About Nova Minerals

Nova Minerals Limited (ASX:NVA FSE:QM3) is a minerals explorer and developer focused on gold and lithium projects in North America.

Nova has a diversified portfolio of projects across the US, Canada, and Australia. Two of the key projects include Nova’s Estelle Gold Project in Alaska, which holds some of North America’s largest gold deposits, and the company’s majority-owned Snow Lakes Resources, a lithium project in Canada.

Nova aims to provide shareholders with diversification through exposure to base and precious metals and to capitalise on the growing demand for lithium-based energy storage.

To learn more please visit: https://novaminerals.com.au/