From section 12: 12. Events subsequent to balance date In June...

From section 12:

12. Events subsequent to balance date

In June 2018, the Company announced the undertaking of a non-renounceable rights issue at an issue price of $0.032 per share on the basis of 1 new fully paid ordinary share for every 16 shares held on the record date, together with a 1:2 free attaching NVAO option. The rights issue closed in July 2018 with 15.3 million shares taken up under the offer, raising $479,000 before costs. The Company will endeavour to place the shortfall under the offer.

On 25 July 2018, the company announced the intention to pursue a strategy of listing its wholly owned subsidiary Snow Lake Resources Ltd (incorporated in May 2018) on the TSX Venture Exchange. Upon restructure, through its subsidiaries to have the right to earn 80% of the Thompson Brothers Lithium Project and 100% of owned adjoining Crowduck Lithium Project in Canada.

On 3 August 2018 the 250,000 shares in Progressive Planet Solutions Inc formerly “Ashburton Ventures Inc” were transferred under the terms of the agreement between Manitoba Minerals Pty Ltd and Progressive Planet Solutions Inc.

On 3 September 2018, the Company held a general meeting of shareholders. All resolutions were passed without amendment.

On 20 September 2018, the Company placed 15.3 million new fully paid ordinary shares at an issue price of $0.0325 per share, along with a 1:2 free attaching NVAO option. The placement raised $500,000 before associated costs. In addition, the Company issued 6 million shares and 6.5 million NVAO options to both Mr Kimelman and Mr Simens in recognition of past contributions to the Company and as incentives for the future. All securities were approved by shareholders on 3 September 2018.

On 21 September 2018 Nova Minerals was granted 51% interest in the AKCM (Aus) Pty Ltd Joint venture as it has spent to date $1,335,959 on the projects in Alaska.

There are no other item, transaction or event of a material and unusual nature has arisen that is likely, in the opinion of the Directors, to affect significantly, the operations of the Group, the results of those operations, or the state of affairs of the Group in future financial years. No other item, transaction or event of a material and unusual nature has arisen that is likely, in the opinion of the Directors, to affect significantly, the operations of the Group, the results of those operations, or the state of affairs of the Group in future financial years.