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Nova Minerals Limited (ASX:NVA)

ALERT: Price-sensitive ASX Announcement for NVA
Current share price for NVA : $0.520 -0.245 (-32.03%)+
Announcement
Release
3 Jun 2026 7:01PM
Price at Release
$0.765
Full Release
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Summary
Nova Minerals Limited announced a suspension of its shares from ASX quotation, effective from the close of trading on 3 June 2026. This suspension is to facilitate a scheme of arrangement wherein Nova Minerals Corp (US Holdco) will acquire all issued shares and warrants of Nova Minerals. The Supreme Court of New South Wales has approved this arrangement under the Corporations Act. This strategic move is part of Nova Minerals' focus on advancing gold and critical minerals projects, particularly in Alaska.
Key Points
  • Nova Minerals Limited requested suspension of its shares from ASX quotation.
  • The suspension is to facilitate the implementation of a scheme of arrangement.
  • Nova Minerals Corp (US Holdco) will acquire all issued shares and warrants of Nova Minerals Limited.
  • The Supreme Court of New South Wales approved the Schemes under the Corporations Act.
  • The suspension is effective from the close of trading on 3 June 2026.
  • Nova Minerals is advancing gold and critical minerals projects in Alaska.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.