Nova Minerals Ltd — Capital/Financing Update 2024

Feb 4, 2024

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Announcement Summary

Entity name

NOVA MINERALS LIMITED

Date of this announcement

Monday February 05, 2024

The +securities the subject of this notification are: Other

Total number of +securities to be issued/transferred

Total number of ASX +security +securities to be code Security description issued/transferred Issue date NVAAT OPTION EXPIRING 30-JUN-2025 EX $1.00 36 05/02/2024

Refer to next page for full details of the announcement

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 1 - Entity and announcement details

1.1 Name of entity

NOVA MINERALS LIMITED

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type Registration number ABN 84006690348

1.3 ASX issuer code

NVA

1.4 The announcement is

New announcement

1.5 Date of this announcement

5/2/2024

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

Other

Please specify

1:2 Bonus Options - Refer Prospectus 21/04/23 - Ex at $1 and Exp 30 June 2025

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

has an existing ASX security code ("existing class")

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B

Additional +securities in an existing class

ASX +security code and description

NVAAT : OPTION EXPIRING 30-JUN-2025 EX $1.00

Date the +securities the subject of this notification were issued

5/2/2024

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class Yes

Any other information the entity wishes to provide about the +securities the subject of this notification

https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02656643 - Refer Prospectus 21/04/2023b- Bonus Unquoted Options

Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B Refer Appendix 3B re the Bonus Options - https://www.asx.com.au/asx/statistics/displayAnnouncement.dodisplay=pdf&id sId=02656644

Issue details

Number of +securities

36

Were the +securities issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

The exercise of every two Loyalty Options entitles the holder to one additional option to acquire a further Share having an exercise price of $1.00 each and an expiry date of 30/06/25

Purpose of the issue

Other

Additional Details

Bonus Unquoted Options

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
NVA : ORDINARY FULLY PAID	210,889,961
4.2 Unquoted +securities (Total number of each +class of +securities issued but not quoted on ASX)
	Total number of
ASX +security code and description	+securities on issue
NVAAT : OPTION EXPIRING 30-JUN-2025 EX $1.00	128
NVAAO : OPTION EXPIRING 16-JAN-2026 EX $0.91	1,714,286
NVAAM : PERFORMANCE RIGHTS	2,400,000
NVAAP : OPTION EXPIRING 30-NOV-2025 EX $1.20	8,250,000
NVAAN : OPTION EXPIRING 30-NOV-2024 EX $1.10	13,614,264
NVAAS : OPTION EXPIRING 30-APR-2024 EX $0.70	6,993,608

4.2 Unquoted +securities (Total number of each +class of +securities issued but not quoted on ASX)

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

9

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