Nova Minerals Stock Price, News & Analysis

Nova Minerals (NASDAQ: NVA), a gold and critical minerals exploration company, has announced the pricing of its public offering of 1,200,000 American Depository Shares (ADS) at $9.25 per ADS, aiming to raise approximately $11.1 million in gross proceeds.

The offering includes a 45-day option for underwriters to purchase up to 120,000 additional ADSs for over-allotments. Each ADS represents 60 ordinary shares. The proceeds will fund resource and exploration programs, drilling, feasibility studies, and working capital. ThinkEquity serves as the sole book-running manager, with the offering expected to close on July 16, 2025.

Nova Minerals (NASDAQ: NVA), a gold, antimony, and critical minerals exploration company, has filed a Form F-1 registration statement with the SEC for a secondary public offering of American Depositary Shares (ADSs). Each ADS will represent 60 ordinary shares, with an assumed price of $12.56 per ADS based on June 30, 2025 trading.

ThinkEquity will serve as the sole book-running manager for the offering. The proceeds will fund resource and exploration programs, including drilling, feasibility studies, and working capital. The offering will comply with ASX listing rules 7.1 and 7.1A, with Nova's shares continuing to trade on ASX, OTC Pink, Frankfurt Exchange, and Nasdaq.

Nova Minerals (NASDAQ: NVA) has announced the appointment of Chaim (Dovi) Berger as an Independent Non-Executive Director, effective July 1, 2025. Mr. Berger brings over 10 years of experience in finance and legal matters, with expertise in corporate law, accounting, taxation, and M&A.

As a U.S.-based executive, qualified attorney, and CPA, Berger will serve on both the Audit & Risk Committee and the Remuneration & Nomination Committee. His appointment strengthens Nova's leadership with his proven track record in strategic acquisitions, regulatory compliance, and financial controls implementation.

Nova Minerals has initiated drilling operations at its Stibium prospect, targeting both gold and antimony mineralization. A 3,000m maiden diamond drill program is underway, with surface sampling revealing significant mineralization over an 800m by 400m area. Notable sample results include up to 60.5% Sb and 141 g/t Au. The company is deploying additional drilling capacity, with a second diamond rig and RC rig scheduled to begin later in June. Nova is pursuing U.S. Department of Defense funding to accelerate antimony production, including plans for a processing hub at Port Mackenzie, Alaska. If successful, the company aims to expand drilling operations, develop metallurgical facilities, engage with offtake partners, and hire antimony refining expertise. The broader 2025 drilling program focuses on RPM, Korbel, and Stibium prospects, with flexibility to adjust based on results.

Nova Minerals has announced its 2025 exploration program at the Estelle Project in Alaska, featuring a 15,000-meter drilling campaign. The program will focus on three key areas: RPM (10,000m), Stibium (3,000m), and Korbel (2,000m). Preparations are underway with helicopters, crews, and equipment already on site. The campaign aims to advance RPM and Korbel deposits toward feasibility and permitting while establishing a maiden resource at Stibium for both gold and antimony. The company has applied for U.S. Department of Defense funding to potentially expand drilling operations. The program includes comprehensive surface sampling across the broader project area, with up to 40 people to be housed at the operational camp. Nova will utilize two diamond drill rigs and one company-owned RC rig, operating continuously during the Alaskan summer's 24-hour daylight.

Nova Minerals (NVA) has reported significant exploration results from its Estelle Gold and Critical Minerals Project in Alaska for Q1 2025. The company discovered high-grade gold samples at multiple locations: up to 360 g/t Au at Wombat, 52.3 g/t Au in the RPM Regional area, and the RPM glacial debris lobe averaging 1.1 g/t Au over 1.7km.

At the Stibium prospect, extensive gold and antimony mineralization was identified with rock samples grading up to 141 g/t Au and 56.7% Sb across an 800m by 400m zone. The company is advancing U.S. grant applications for antimony development.

Financially, Nova ended March 2025 with A$13.076 million in cash and no debt after Nebari Gold Fund converted its loan to shares. Notable cash flows included A$10.5M from Snow Lake shares sale and A$1.5M from U.S. Nasdaq warrant exercises. The company continues to progress PFS studies, including metallurgical and environmental test work.

Nova Minerals (NVA) announces two upcoming investor webinars hosted by Redchip Companies and the Emerging Growth Conference. CEO Christopher Gerteisen will present the latest developments from the company's Estelle Gold and Critical Minerals Project in Alaska, highlighting:

• The project's status as one of North America's largest undeveloped gold assets with a multi-million-ounce resource
• Fast-track production strategy for the high-grade RPM deposit
• Updates on feasibility studies, permitting, and infrastructure development
• Progress on the high-grade Stibium antimony prospect, positioning Nova as a potential key U.S. supplier of this critical defense mineral

Both webinars will include Q&A sessions, with archived webcasts available on Nova's website afterward.

Nova Minerals (NVA) has announced an upcoming live virtual presentation hosted by CEO Christopher Gerteisen at the Emerging Growth Conference Webinar. The interactive event, scheduled for February 18, 2025, at 1:10 PM US EST, will be conducted through the Company's Vrify platform.

Shareholders, investors, and market participants will have the opportunity to engage directly with management and participate in a Q&A session. Questions can be submitted in advance to Questions@EmergingGrowth.com or asked during the live event. For those unable to attend, an archived webcast will be available on the Company's website.

Nova Minerals (NVA) has announced final results from its 2024 exploration season at the Estelle Gold and Critical Minerals Project in Alaska, revealing significant gold discoveries in the RPM regional area. Key findings include:

- 20 out of 40 rock samples grading >1 g/t Au, with a peak of 52.3 g/t Au
- 11 soil samples >0.5 g/t Au, with a high of 4.8 g/t Au
- 34 till samples >1.0 g/t Au, with a maximum of 3.6 g/t Au

The company identified a notable glacial debris lobe where 68 till samples averaged 1.1 g/t Au over 1.7 km. The mineralization style is consistent with RPM, characterized by quartz veins with arsenopyrite. The debris lobe Qdt2a, covering over 330,000 square meters, has been designated as a top drill target for 2025 to determine thickness, composition, and grade continuity.