Nova Minerals Limited has announced the pricing of an underwritten public offering of 1,200,000 American Depository Shares at $9.25 per ADS, totaling approximately $11,100,000 in gross proceeds. The company plans to use the funds for resource and exploration field programs, feasibility studies, and general working capital. The offering is expected to close on July 16, 2025, with ThinkEquity acting as the sole book-running manager. Nova Minerals Limited is focused on advancing the Estelle Gold and Critical Minerals Project in Alaska, USA, which contains multiple mining complexes across a mineralized corridor with significant gold and antimony prospects.

Read more at GlobeNewswire: Nova Minerals Limited Announces Pricing of Public Offering