• Nova Minerals Ltd prices US$20m NASDAQ public offering
• Offering of 2,928,300 American Depository Shares at US$6.83 per share
• Proceeds to fund exploration and development activities at Estelle Project in Alaska

Nova Minerals Limited (Nova or the Company) (ASX: NVA, NASDAQ: NVA, NVAWW OTC: NVAAF, FSE: QM3), a gold and critical minerals exploration stage company focused on advancing the Estelle Gold and Critical Minerals Project in Alaska, U.S.A., has announced the pricing of an underwritten public offering of 2,928,300 American Depository Shares ('ADS'), with an ADS-to-ordinary-share ratio of 1 to 12, at a price to the public of US$6.83 per ADS, for gross proceeds of approximately US$20,000,000 (A$30,200,000), before deducting underwriting discounts and offering expenses. In addition, Nova has granted the underwriters a 45-day option to purchase up to an additional 439,245 ADSs to cover over-allotments ('Over Allotment ADS'), if any. The Company intends to use the proceeds for planned exploration and development activities on its Estelle Project, including additional drilling and exploration, feasibility and environmental studies, camp expansion, permits and approvals, initial development activities, and for general corporate purposes and working capital. The offering is expected to close on December 22, 2025, subject to satisfaction of customary closing conditions. ThinkEquity is acting as sole book-running manager for the offering.