CEO pay rises at Nova Minerals Limited (NASDAQ: NVA) as project grows
Rhea-AI Filing Summary
Nova Minerals Limited reported a change in the remuneration of its Chief Executive Officer, Christopher Gerteisen. His base salary is increased to $US360,000, up from $US252,000, effective January 1, 2026. The company states that the adjustment reflects his additional responsibilities as Nova advances its Estelle gold and antimony projects, including exploration, development, capital raising and efforts to secure U.S. Government funding. All other material terms of his employment agreement remain unchanged. Nova describes itself as a gold, antimony and critical minerals exploration and development company focused on the Estelle Project in Alaska.
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FAQ
What executive compensation change did Nova Minerals Limited (NVA) disclose?
Nova Minerals Limited disclosed that CEO Christopher Gerteisen’s base salary has been increased to $US360,000 from $US252,000, effective January 1, 2026.
When does the new CEO salary at Nova Minerals Limited (NVA) take effect?
The revised base salary for CEO Christopher Gerteisen takes effect on January 1, 2026.
Why is Nova Minerals increasing the CEO’s remuneration?
The company states the remuneration changes reflect the CEO’s additional responsibilities as Nova’s scale and complexity grow with the development of the Estelle gold and antimony projects, including exploration, development, capital raising and securing U.S. Government funding.
Were any other material terms of the Nova Minerals CEO’s contract changed?
Nova Minerals states that all other material terms of Christopher Gerteisen’s employment agreement remain unchanged.
What is the main project Nova Minerals Limited (NVA) is focusing on?
Nova Minerals is focused on advancing the Estelle Gold and Critical Minerals Project in Alaska, which includes multiple gold and antimony prospects across a large mineralized corridor.
Where can investors find more information on the Estelle Project?
The company notes that further discussion and analysis of the Estelle Gold and Critical Minerals Project is available through interactive Vrify 3D animations, presentations and videos on www.novaminerals.com.au.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of January 2026
Commission File Number 001-42132
NOVA MINERALS LIMITED
(Translation of registrant’s name into English)
Suite 5, 242 Hawthorn Road,
Caulfield, Victoria 3161
Australia
+61 3 9537 1238
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
☒ Form 20-F ☐ Form 40-F
NOVA MINERALS LIMITED
EXPLANATORY NOTE
Attached to this report on Form 6-K as Exhibit 99.1 is a copy of the press release of Nova Minerals Limited (the “Company”) dated January 16, 2026, titled “Change in Remuneration – Chief Executive Officer - ASX Listing Rule 3.16.4,” originally filed with the Australian Securities Exchange as required by the laws of Australia, which discloses that CEO Christopher Gerteisen’s base salary is increased to $US360,000 from $US252,000 effective January 1, 2026.
This report on Form 6-K (including the exhibit attached hereto) shall not be deemed to be “filed” for purposes of the Securities Exchange Act of 1934, as amended, and shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
Financial Statements and Exhibits.
The following exhibits are being filed herewith:
| Exhibit No. | Description | |
| 99.1 | Change in Remuneration – Chief Executive Officer - ASX Listing Rule 3.16.4 |
| -2- |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| NOVA MINERALS LIMITED | ||
| Date: January 16, 2026 | By: | /s/ Ian Pamensky |
| Name: | Ian Pamensky | |
| Title: | Company Secretary | |
| -3- |
Exhibit 99.1
Change in Remuneration – Chief Executive Officer - ASX Listing Rule 3.16.4
Nova Minerals Limited (Nova or the Company) (ASX: NVA, NASDAQ: NVA, FSE: QM3) advises that it has agreed to amendments to the remuneration and notice period of its Chief Executive Officer, Mr Chris Gerteisen, effective 1 January 2026.
The remuneration changes to reflect the CEO’s additional responsibilities as the Company’s scale and complexity grow with the development of Estelle’s gold and antimony Projects. This includes exploration, development activities, raising capital and securing U.S. Government funding.
In accordance with ASX Listing Rule 3.16.4, the material terms of the changes are as follows:
Remuneration
| ● | Base
salary: Increased from US$252,000 to US$360,000 per annum (inclusive of superannuation). |
| ● | Term: “No change” |
| ● | Short-term incentives: “No change” |
| ● | Long-term incentives: “No change” |
All other material terms of Mr Gerteisen’s employment agreement remain unchanged.
Estelle Gold and Critical Minerals Project Discussion and Analysis
Further discussion and analysis of the Estelle Gold and Critical Minerals Project is available through the interactive Vrify 3D animations, presentations and videos, all available on the Company’s website.
www.novaminerals.com.au
| Main
Operations Whiskey Bravo Airstrip Matanuska-Susitna Borough, Alaska, USA 1150 S Colony Way Suite 3-440, Palmer, AK 99645 |
Corporate
Suite 5, 242 Hawthorn Road, Caulfield, VICTORIA 3161, Australia Phone +61 3 9537 1238 |
www.novaminerals.com.au info@novaminerals.com.au ACN 006 690 348 NASDAQ: NVA - ASX: NVA |
This announcement has been authorised for release by the Board of Nova Minerals Limited.
Christopher Gerteisen CEO and Executive Director E: info@novaminerals.com.au
|
Annalise Batchelor Sodali & Co Investor Relations & Media E: annalise.batchelor@sodali.com M: +61 432 312 807 |
Cameron Gilenko Sodali & Co Investor Relations & Media E: cameron.gilenko@sodali.com M: +61 466 984 953 |
About Nova Minerals Limited
Nova Minerals Limited is a Gold, Antimony and Critical Minerals exploration and development company focused on advancing the Estelle Project, comprised of 514 km2 of State of Alaska mining claims, which contains multiple mining complexes across a 35 km long mineralized corridor of over 20 advanced Gold and Antimony prospects, including two already defined multi-million ounce resources, and several drill ready Antimony prospects with massive outcropping stibnite vein systems observed at surface. The 85% owned project is located 150 km northwest of Anchorage, Alaska, USA, in the prolific Tintina Gold Belt, a province which hosts a >220 million ounce (Moz) documented gold endowment and some of the world’s largest gold mines and discoveries including, Kinross Gold Corporation’s Fort Knox Gold Mine. The belt also hosts significant Antimony deposits and was a historical North American Antimony producer.
| Nova Minerals Limited | ASX Announcement | 2 |