Nova Minerals Ltd — Share Issue/Capital Change 2023

Feb 28, 2023

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

Wednesday March 01, 2023

The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
NVAAN	OPTION EXPIRING 30-NOV-2024 EX $1.10	417,823	28/02/2023

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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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

ABN

Registration number

84006690348

1.3 ASX issuer code

NVA

1.4 The announcement is

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New announcement

1.5 Date of this announcement

1/3/2023

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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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:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Previous Appendix 3B details:

Announcement Date and Announcement Title Selected Appendix 3B to submit quotation Time request 21-Nov-2022 10:24 New - Proposed issue of securities - A placement or other type of issue NVA

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B? Yes

2.3a.3 Please provide details of the further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B

Placement to Management and Officers - Refer ASX Announcement 21 November 2022

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 3A - number and type of +securities the subject of this notification (existing class or new class) where issue has previously been notified to ASX in an Appendix 3B Placement Details ASX +security code and description NVAAN : OPTION EXPIRING 30-NOV-2024 EX $1.10 Date the +securities the subject of this notification were issued 28/2/2023 Any other information the entity wishes to provide about the +securities the subject of this notification Issue Approved by Shareholders on 31 Jan 2023. Refer Cleansing Statement 1 March 2023 for the Terms of the Options

Issue details Number of +securities 417,823 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities Issued as part of Share Placement announced 21 November 2022. Issue approved by Shareholder at EGM on 31 Jan 2023. 1 Unquoted Option for Each Ordinary Share - Refer ASX Announcement 21 November 2022

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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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 application, the +securities of the entity will comprise: (A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +Securities (Total number of each +class of +securities quoted)

	Total number of
ASX +security code and description	+securities on issue
NVA : ORDINARY FULLY PAID	210,054,131
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
NVAAH : OPTION EXPIRING 29-DEC-2023 EX $0.75	1,100,000
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
NVAAR : OPTION EXPIRING 20-MAY-2023 EX $1.35	500,000
NVAAN : OPTION EXPIRING 30-NOV-2024 EX $1.10	13,614,264
NVAAL : OPTION EXPIRING 07-OCT-2023 EX $2.20	1,700,000
NVAAK : OPTION EXPIRING 20-MAY-2023 EX $1.35	1,100,000

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

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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