Nova Minerals Ltd – Recent Corporate Developments

2025 Annual General Meeting

On 10 November 2025 Nova Minerals Limited (ASX: NVA, NASDAQ: NVA, FRA: QM3) held its annual general meeting.

  • All resolutions presented to shareholders were approved.
  • The meeting confirmed that the company’s board had achieved the objectives set out in the 2024‑2025 strategic plan, particularly the continued development of the Estelle gold project.

AGM Presentation – 2025

The AGM presentation outlined Nova’s progress in transforming Estelle into a tier‑one gold asset. Key points included:

  • Gold production targets: The company reported on exploration milestones and projected production levels for the coming years.
  • Strategic mineral focus: Nova highlighted its work to secure a U.S. domestic antimony supply chain, positioning the company within a broader national‑security context.
  • Risk management: The presentation discussed commodity price volatility, exploration risks, and the impact of regulatory changes.

Chairman’s Letter – 2025

Chairman Richard Beazley addressed shareholders in a letter dated 10 November 2025. The letter emphasized:

  • Estelle development: The company has entered its seventh year at Estelle and is moving toward becoming a world‑class, tier‑one global gold producer.
  • Antimony strategy: Nova’s efforts to secure a U.S. domestic supply of antimony were underscored as part of its long‑term value proposition.

Unquoted Securities Issuance – 11 November 2025

On 11 November 2025 Nova announced the issuance of 3,925,000 NVAAV warrants under an Appendix 3G notification. The warrants are not intended to be quoted on the ASX.

Market Context

  • Share price: As of 10 November 2025 the share closed at AUD 1.17, down from a 52‑week high of AUD 1.71 and above the 52‑week low of AUD 0.19 recorded on 17 November 2024.
  • Market capitalisation: Approximately AUD 476 million.
  • Price‑earnings ratio: -30.42, reflecting negative earnings attributable to ongoing exploration and development costs.

Operational Highlights

Nova Minerals remains focused on mining services in the metals and mining sector, with activities spanning gold, copper, silver, and other precious metals extraction, exploration, and production. The company’s website, www.novaminerals.com.au , provides further detail on its operations and strategy.