Nova Minerals Limited (ASX:NVA) has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission for a secondary public offering of its American Depositary Shares (ADSs). The Offering is based on an assumed price of US$6.53 per ADS, with the net proceeds intended for resource and exploration field programs, including additional drilling and exploration, feasibility studies, and general working capital.
The Company is pleased to announce the filing of the registration statement for the secondary public offering of its American Depositary Shares. This strategic move aligns with our commitment to advancing the Estelle Project and furthering our exploration and development initiatives. The net proceeds from the Offering will be instrumental in funding our resource and exploration field programs, including additional drilling and exploration, feasibility studies, and general working capital. We believe this Offering will enhance our ability to drive value for our shareholders and stakeholders, and we look forward to the potential opportunities it may unlock for Nova Minerals.
Nova Minerals Limited (ASX:NVA) has filed a registration statement for a secondary public offering of its American Depositary Shares (ADSs) with the U.S. Securities and Exchange Commission. The Offering, based on an assumed price of US$6.53 per ADS, is intended to provide net proceeds for resource and exploration field programs, including additional drilling and exploration, feasibility studies, and general working capital. Upon completion, the Company's Ordinary Shares will continue to be listed on the ASX, OTC Pink market, and the Frankfurt Stock Exchange, while the ADSs and public warrants will remain listed on the Nasdaq Capital Market. The Company's focus on advancing the Estelle Project and leveraging the potential of the Offering reflects its dedication to driving value for its stakeholders and pursuing strategic growth opportunities.