(MENAFN- ABN Newswire)
Nova Minerals Limited (ASX: NVA) (FRA: QM3) (OTCMKTS: NVAAF) reports 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 exploration for lithium in the province of Manitoba, Canada.
ThinkEquity, a division of Fordham Financial Management Inc. is the sole bookrunner of 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 cannot be sold and offers to buy cannot be accepted before the entry into force of the registration statement. A copy of the registration statement can be obtained from the company secretary by sending an email to
Snow Lake SEC Deposit Details:
The company will keep its shareholders informed as the IPO process progresses.
() () (OTCMKTS: NVAAF) is an ASX-listed mineral explorer focused on exploration for lithium, gold and minerals in Canada, Alaska and Australia.
The company plans to create shareholder value through a two-pronged strategy:
– Capitalize on the growing demand for energy storage and the resulting demand for lithium, cobalt and nickel by accelerating exploration and development activities in our North American assets, with particular emphasis on our flagship lithium project and the prospective Chip-Loy Nickel Cobalt Sulphides project.
– Diversification by obtaining exposure to base and precious metals through our district-wide seed joint venture of the Estelle gold, copper and silver project and our northern gold exploration assets from Australia.
Nova Minerals LtdP: + 61-3-9614-0600F: + 61-3-9614-0550WWW: novaminerals.com.au
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