Nova Minerals Ltd — Share Issue/Capital Change 2023

Feb 22, 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 February 22, 2023

The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that 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
New class - code	Unquoted ESOP Options	2,500,000	22/02/2023
to be confirmed
New class - code	Unquoted Options	200,000	22/02/2023
to be confirmed
New class - code	Unquoted Options	500,000	22/02/2023
to be confirmed
New class - code	Unquoted ESOP Options	5,750,000	22/02/2023
to be confirmed

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

22/2/2023

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

Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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

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does not have an existing ASX security code ("new class")

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

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ASX +security code +Security description
New class - code to be confirmed Unquoted ESOP Options
+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
22/2/2023
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Were any of the +securities issued to +key management personnel (KMP) or an +associate?
No
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under
listing rule 6.1?
No
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
issued.
https://www.asx.com.au/asxpdf/20221024/pdf/45gp4638wcqbnw.pdf
Options Details
+Security currency Exercise price Expiry date
AUD - Australian Dollar AUD 1.20000000 30/11/2025
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
company option
Other
Description
Ordinary Shares (ASX: DTZ)
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Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

https://www.asx.com.au/asxpdf/20221024/pdf/45gp4638wcqbnw.pdf

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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Any other information the entity wishes to provide about the +securities the subject of this notification Approved by Shareholders 29 November 2022 - Vesting Conditions - refer Appendix 3B - https://www.asx.com.au/asx/stat istics/displayAnnouncement.do?display=pdf&idsId=02561294

	Issue details
	Number of +securities
	2,500,000
	ASX +security code New class - code to be confirmed	+Security description Unquoted Options
	+Security type	ISIN code
	Options
	Date the +securities the subject of this notification were issued
	22/2/2023
	Will all the +securities issued in this class rank equally in all respects from their issue date?
	Yes
	Were any of the +securities issued to +key management personnel (KMP) or		an +associate?
	Yes
	Provide details of the KMP or +associates being issued +securities.
	Name of KMP	Name of registered holder	Number of +securities
	Craig Bentley	MR CRAIG EDWIN BENTLEY	200,000
	Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under
	listing rule 6.1?
	No

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.

https://www.asx.com.au/asxpdf/20221024/pdf/45gp4638wcqbnw.pdf

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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Options Details

+Security currency

AUD - Australian Dollar

Exercise price AUD 2.20000000

Expiry date 7/10/2023

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

Other

Description

Ordinary Shares (ASX: DTZ)

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

https://www.asx.com.au/asxpdf/20221024/pdf/45gp4638wcqbnw.pdf

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

Approved by Shareholders 29 November 2022 - Vesting Conditions - refer App3B - https://www.asx.com.au/asxpdf/20220 201/pdf/455k3g0rxpvlfk.pdf

Issue details

Number of +securities

200,000

ASX +security code +Security description New class - code to be confirmed Unquoted Options

+Security type ISIN code Options

Date the +securities the subject of this notification were issued 22/2/2023

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

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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Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
Anna Ladd-Kruger	ANNA LADD-KRUGER & JOHANNES EKHARD KRUGER	250,000
Rodrigo Pasqua	PASQUA HOLDINGS PTY LTD	250,000

Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1?

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No

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://www.asx.com.au/asxpdf/20221024/pdf/45gp4638wcqbnw.pdf

Options Details

+Security currency Exercise price Expiry date AUD - Australian Dollar AUD 1.35000000 20/5/2023

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

Other

Description

Ordinary Shares (ASX: DTZ)

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

https://www.asx.com.au/asxpdf/20221024/pdf/45gp4638wcqbnw.pdf

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

Approved by Shareholders 29 November 2022

Issue details

Number of +securities

500,000

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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ASX +security code +Security description New class - code to be confirmed Unquoted ESOP Options ISIN code

+Security type Options

Date the +securities the subject of this notification were issued

22/2/2023

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
Louie Simens	KIKCETO PTY LTD DISCRETIONARY A/C>	2,000,000
Christopher Gerteisen	CHRISTOPHER GERTEISEN	2,000,000
Avi Geller	Avi Geller	500,000
Craig Bentley	MR CRAIG EDWIN BENTLEY	750,000
Rodrigo Pasqua	PASQUA HOLDINGS PTY LTD	250,000
Anna Ladd-Kruger	ANNA LADD-KRUGER & JOHANNES EKHARD KRUGER	250,000

Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1?

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No

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.

https://www.asx.com.au/asxpdf/20221024/pdf/45gp4638wcqbnw.pdf

Options Details

+Security currency

AUD - Australian Dollar

Exercise price AUD 1.20000000

Expiry date

30/11/2025

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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Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

Other

Description

Ordinary Shares (ASX: DTZ)

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://www.asx.com.au/asxpdf/20221024/pdf/45gp4638wcqbnw.pdf

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

Approved by Shareholders 29 November 2022 - Vesting Conditions - Refer APP3B - https://www.asx.com.au/asx/statistic s/displayAnnouncement.do?display=pdf&idsId=02561291

Issue details

Number of +securities

5,750,000

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
NVAAN : OPTION EXPIRING 30-NOV-2024 EX $1.10	13,196,441
NVAAL : OPTION EXPIRING 07-OCT-2023 EX $2.20	1,700,000
NVAAK : OPTION EXPIRING 20-MAY-2023 EX $1.35	1,100,000
New class - code to be confirmed : Unquoted ESOP Options	2,500,000
New class - code to be confirmed : Unquoted Options	200,000
New class - code to be confirmed : Unquoted Options	500,000
New class - code to be confirmed : Unquoted ESOP Options	5,750,000

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

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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? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? Yes

5.2a Date of meeting or proposed meeting to approve the issue under listing rule 7.1

29/11/2022

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