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Nova Minerals Ltd Capital/Financing Update 2024

Jun 5, 2024

34115_rns_2024-06-05_1088abb7-54c5-4e47-b328-dd0216eede24.pdf

Capital/Financing Update

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ASX RELEASE 06 June 2024

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Cleansing Statement

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

Nova Minerals Limited ( Nova or the Company ) ( ASX: NVA, OTC: NVAAF, FSE: QM3 ) advises that it has issued 2,083,333 fully paid shares (“ Shares ”) at an issue price of $0.24 by way of a placement to Directors as outlined in the Company’s ASX Announcement dated 09 April 2024 (“ Placement ”). The Placement to Directors was approved by Shareholders on 31 May 2024.

Secondary Trading Exemption:

The Act restricts the on-sale of securities issued without disclosure unless the sale is exempt under Section 708 or 708A. By the Company giving this notice, a sale of the Securities noted above will fall within the exemption in section 708A(5) of the Act.

The Company hereby notifies the ASX under paragraph 708(A)(5)(e) of the Act that:

(a) The Company issued the Securities without disclosure to investors under Part 6D.2 of the Act;
(b) This notice is given pursuant to paragraph 5(e) of section 708A of the 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.:
- a. that has been excluded from a continuous disclosure notice in accordance with the Listing Rules;
- b. that investors and their professional advisors would reasonably require for the purpose of making an informed assessment of:
  - i. The assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or
  - ii. The rights and liabilities attaching to the Securities to the extent to which it is reasonable for investors and their professional advisers to expect to find the information in a disclosure document.

An Appendix 2A, in relation to the quotation of the Shares, will be lodged separately today.