The company is pleased to announce that a total of C$1.35M cash...

The company is pleased to announce that a total of C$1.35M cash has beenraised to date with the last raising and appropriate float taking place atC$0.35c. The company now has sufficient cash holdings to IPO on TheCanadian Securities Exchange (CSE) and will be fast tracking this process.As previously announced on 19 November 2018 Snowlake Resources willown 100% of the Thompson Brothers Lithium Project and its surroundingCrowduck tenements. Nova Minerals consideration for bringing in 80% of theThompson Brothers Lithium Project and 100% of the Crowduck property inSnow Lake will be 48,000,000 ordinary shares of the current total 64,995,226ordinary shares to be issued which represents 73.85% of Snow Lake on anundiluted basis. The latest capital raising at C$0.35c affirms a value ascribedto Nova of C$16.8m (A$17.83m) or rounded off to A$0.023 per Nova share.