Snow Lake Resources Ltd - Update
Melbourne, Mar 30, 2021 AEST (ABN Newswire) - Nova Minerals Limited (
ASX:NVA) (QM3:FRA) (NVAAF:OTCMKTS) advises that 74% owned Snow Lake Resources filed a registration statement on Form-1 on Friday with the Securities and Exchange Commission (SEC) to raise up to $23 million in an initial public offering (IPO).
Snow Lake is an exploration stage mining company engaged in lithium exploration in the province of Manitoba, Canada.
ThinkEquity, a division of Fordham Financial Management Inc. is the sole bookrunner for the offering.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission (SEC) but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. A copy of the registration statement can be obtained from the Company Secretary by emailing info@novaminerals.com.au
Details of the Snow Lake SEC filing:
http://pdf.secdatabase.com/2557/0001213900-21-017941.pdf
The company will update shareholders as the IPO process progresses.
About Nova Minerals Limited
Nova Minerals Limited (ASX:NVA) (FRA:QM3) is a Gold, Antimony and Critical Minerals exploration and development company focused on advancing the Estelle Project, comprised of 514 km2 of State of Alaska mining claims, which contains multiple mining complexes across a 35 km long mineralized corridor of over 20 advanced Gold and Antimony prospects, including two already defined multi-million ounce resources, and several drill ready Antimony prospects with massive outcropping stibnite vein systems observed at surface. The 85% owned project is located 150 km northwest of Anchorage, Alaska, USA, in the prolific Tintina Gold Belt, a province which hosts a >220 million ounce (Moz) documented gold endowment and some of the world's largest gold mines and discoveries including, Barrick's Donlin Creek Gold Project and Kinross Gold Corporation's Fort Knox Gold Mine. The belt also hosts significant Antimony deposits and was a historical North American Antimony producer.
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