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Nova Minerals ( (AU:NVA) ) has shared an announcement.
Nova Minerals Limited has announced the pricing of a US$11.1 million NASDAQ offering, involving the sale of 1,200,000 American Depository Shares at US$9.25 each. The funds raised will be used for resource and exploration field programs, feasibility studies, and general working capital. This move is expected to support Nova’s ongoing efforts in advancing its Estelle Gold and Critical Minerals Project in Alaska, potentially enhancing its industry positioning and providing significant implications for stakeholders.
More about Nova Minerals
Nova Minerals Limited is a gold, antimony, and critical minerals exploration and development company focused on the Estelle Project in Alaska, USA. The project spans 514 km² of mining claims and includes multiple mining complexes across a 35 km mineralized corridor with over 20 advanced gold and antimony prospects. The company owns 85% of the project, which is located in the Tintina Gold Belt, a region known for its significant gold endowment and large gold mines.
Average Trading Volume: 429,038
Technical Sentiment Signal: Buy
Current Market Cap: A$96.9M
Learn more about NVA stock on TipRanks’ Stock Analysis page.