Nova Minerals Confirms the Sale of Non-Core Investment to

From GlobeNewswire: 2025-01-02 06:30:00

Nova Minerals Limited has made strategic moves to strengthen its financial position and focus on its Estelle Gold and Critical Minerals Project. The Company sold 6.6 million shares in Snow Lake Resources Ltd for $6.73 million and used $4 million to reduce its Nebari loan. The remaining proceeds will fund exploration and development activities in Alaska. Additionally, the exercise of 109,237 warrants brought in $0.79 million. Nova Minerals CEO, Mr. Christopher Gerteisen, expressed optimism for the upcoming year, highlighting the Company’s commitment to creating long-term value for shareholders through portfolio management and investment in high-potential opportunities.



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