Anchorage Alaska, Jan. 07, 2026 (GLOBE NEWSWIRE) -- Nova Minerals Limited (“Nova” or the “Company”) (NASDAQ: NVA) (ASX: NVA) (FRA: QM3) ) is pleased to announce further broad, near-surface gold results from its RPM North deposit, within the Company's flagship Estelle Gold and Critical Minerals Project, located in the prolific Tintina Gold Belt in Alaska. Highlights 2025 drilling extends the halo around the high-grade core zone at RPM North with further broad intercepts and a new eastern discovery. RPM Valle ...

A drill rig on the Estelle project northwest of Anchorage, Alaska. Credit: Nova Minerals Nova Minerals (NASDAQ, ASX: NVA) has downplayed recent reports of the company buying antimony produced in Pakistan for testing and processing at its Alaska-based facilities.According to a Dec. 29 report by the Financial Times, the dual-listed miner is said to have partnered with a Pakistani company for the exploration of antimony as part of strengthened economic ties between the US and the Asian nation. Under the partne ...

Core Viewpoint - Nova Minerals Limited is exploring the potential acquisition of antimony in Pakistan, with preliminary discussions ongoing, but all arrangements remain exploratory at this stage [1][2]. Group 1: Company Overview - Nova Minerals Limited is focused on advancing the Estelle Gold and Critical Minerals Project in Alaska, which includes multiple mining complexes and over 20 advanced gold and antimony prospects [4]. - The Estelle Project covers 514 km of mining claims and is located in the Tintina Gold Belt, known for its significant gold and antimony deposits [4]. - The project is 85% owned by the company and is situated 150 km northwest of Anchorage, Alaska [4]. Group 2: Financial and Operational Highlights - In 2026, the company aims to complete the Feasibility Study for its gold assets and begin production of military-grade antimony trisulfide, supported by a US$43.4 million award from the U.S. Department of Defense [3].

Core Viewpoint - NuVista Energy Ltd. has filed its management information circular for a special meeting regarding a plan of arrangement with Ovintiv Inc. and its subsidiary, offering shareholders a choice of cash or shares as consideration for their NuVista shares [1][2]. Arrangement Details - Shareholders can elect to receive either C$18.00 in cash per NuVista share, 0.344 of an Ovintiv share per NuVista share, or a combination of both [2]. - The arrangement agreement was dated November 4, 2025, and is designed to provide shareholders with flexible options for their shares [2]. Strategic Benefits for Shareholders - The cash consideration of C$18.00 represents a 21% premium to the unaffected 20-day volume-weighted NuVista share price as of September 19, 2025 [6]. - This premium is significant as it is higher than any closing price achieved on NuVista shares in the last 15 years [6]. - Shareholders will own approximately 10.6% of Ovintiv shares post-arrangement, providing exposure to a larger entity with operations in North America's top unconventional plays [6]. - Ovintiv's current annualized dividend of US$1.20 per share, subject to board approval, offers an enhanced return of capital for shareholders [6]. - The arrangement provides shareholders with exposure to an investment-grade entity with a pro forma enterprise value of approximately C$25 billion [6]. Meeting Details - The special meeting will be held on January 23, 2026, at 8:00 a.m. in Calgary, Alberta, where shareholders are encouraged to vote in advance [5]. - The deadline for proxy voting is January 21, 2026, at 8:00 a.m. [5]. Communication and Documentation - The mailing of the management information circular to registered shareholders commenced on December 12, 2025 [7]. - Beneficial shareholders can request a paper copy of the circular at no cost [7]. - The circular and related materials are available on NuVista's SEDAR+ profile and website [8].

Core Viewpoint - Nova Minerals Limited has announced a public offering of 2,928,300 American Depositary Shares (ADS) priced at $6.83 per ADS, aiming to raise approximately $20 million for its Estelle Gold and Critical Minerals Project in Alaska [1][2]. Group 1: Offering Details - The ADS-to-ordinary-share ratio is set at 1 to 12, and the offering includes a 45-day option for underwriters to purchase an additional 439,245 ADSs for over-allotments [1]. - The offering is expected to close on December 22, 2025, pending customary closing conditions [2]. Group 2: Use of Proceeds - Proceeds from the offering will be allocated to exploration and development activities at the Estelle Project, including drilling, feasibility studies, environmental studies, camp expansion, and general corporate purposes [2]. Group 3: Company Overview - Nova Minerals Limited focuses on gold, antimony, and critical minerals exploration, particularly the Estelle Project, which spans 514 km² in Alaska and contains multiple mining complexes along a 35 km mineralized corridor [5]. - The Estelle Project includes two defined multi-million ounce resources and several drill-ready antimony prospects, situated in the Tintina Gold Belt, known for its significant gold and antimony deposits [5].

Core Insights - Nova Minerals Limited is hosting two live webinars to update shareholders and investors on the Estelle Gold and Critical Minerals Project in Alaska, highlighting its significant growth potential and recent funding developments [2][6]. Company Overview - Nova Minerals Limited focuses on gold, antimony, and critical minerals exploration and development, particularly the Estelle Project, which spans 514 km of mining claims in Alaska and includes multiple advanced gold and antimony prospects [6]. - The Estelle Project is located in the Tintina Gold Belt, known for its substantial gold endowment exceeding 220 million ounces and significant antimony deposits [6]. Recent Developments - The company recently received a US$43.4 million award from the Department of War, which will support its strategy to establish a fully domestic antimony supply chain in the United States [2]. - The Estelle Project contains two defined multi-million ounce resources and several drill-ready antimony prospects, indicating strong potential for future production [6]. Webinar Details - The webinars will feature CEO Christopher Gerteisen discussing the latest project developments, with opportunities for attendees to ask questions [2][7]. - Archived webcasts will be available for those unable to attend the live events [5].

Group 1 - U.S. stocks experienced an upward trend, with the Dow Jones increasing by approximately 300 points on Friday [1] - Micron Technology, Inc. shares rose sharply by 2.5% to $235.92, driven by positive sentiment following Dell's strong third-quarter earnings and guidance [1] - Investors perceive Dell's results as indicative of broader strength in the technology sector, contributing to Micron's stock performance [1] Group 2 - DeFi Technologies Inc. shares surged by 20.5% to $1.6750 after the approval of QCAD as Canada's first compliant CAD stablecoin [3] - YD Bio Ltd saw a 13.7% increase in shares to $11.96, following the announcement of 510(k) clearance and plans for a clinical trial in Taiwan [3] - Other notable gainers included Savara Inc. (+12.3% to $6.02), TMC the metals company Inc. (+12.2% to $6.54), and ImmunityBio, Inc. (+10.7% to $2.3586) [3] - Precious metals stocks, including First Majestic Silver Corp. (+8.3% to $14.64) and Endeavour Silver Corp. (+10% to $9.47), rose amid increasing gold and silver prices [3] - Intel Corporation shares jumped by 7.8% to $39.65, reflecting positive market trends [3] - Crypto-linked stocks, such as Applied Digital Corporation, gained 6.8% to $26.61, following Bitcoin's rise above $90,000 [3]

Core Insights - NuVista Energy Ltd. reported strong financial and operational results for Q3 and year-to-date 2025, with record production levels and significant cost savings achieved through disciplined execution of its development plan [1][4][6]. Operational Highlights - Daily production for Q3 2025 was 67,680 Boe/d, slightly below guidance of 68,000 – 70,000 Boe/d, but production has ramped up to over 100,000 Boe/d following the commissioning of the Pipestone Gas Plant [3][5]. - The production composition included 31% condensate, 9% natural gas liquids (NGLs), and 60% natural gas, exceeding guidance [3][21]. - The company invested $141.1 million in net capital expenditures during Q3, supporting the drilling of 8 wells and completion of 15 wells, with a total of 29 wells drilled and 43 completed year-to-date [3][4]. Financial Performance - Adjusted funds flow for Q3 was $143.5 million ($0.73/share), a 3% increase from Q3 2024, and $469.7 million ($2.35/share) year-to-date, reflecting a 13% increase [3][14]. - Net earnings for Q3 were $36.5 million ($0.19/share), a 39% decrease from Q3 2024, while year-to-date net earnings reached $229.2 million ($1.15/share), an 11% increase [3][14]. - Operating netback was $27.51/Boe, a 38% increase compared to Q3 2024, and corporate netback was $23.07/Boe, a 27% increase [3][14]. Shareholder Returns - The company has returned over $100 million to shareholders through share buybacks, with an additional $51 million spent in Q3 2025 [6][8]. - Since the inception of the Normal Course Issuer Bid (NCIB) program in 2022, NuVista has repurchased over $580 million in shares, reducing total shares outstanding by approximately 20% [6][8]. Transaction Announcement - NuVista entered into an arrangement agreement with Ovintiv Inc. for the acquisition of all outstanding common shares, valuing NuVista at approximately $3.8 billion, including net debt [8][9]. - The transaction has been unanimously approved by the Board of Directors and is expected to close in Q1 2026, pending regulatory approvals [9][10]. Future Guidance - The company maintains its fourth quarter production guidance of approximately 100,000 Boe/d and an average production guidance of approximately 83,000 Boe/d for 2025 [5][25].

Group 1 - Nova Minerals Limited acknowledges the traditional custodians of the land in Australia and pays respect to Aboriginal and Torres Strait Islander peoples [1] - The 2025 Annual General Meeting (AGM) is conducted entirely online, which the company deems appropriate [2] - The meeting is officially opened with a quorum present, confirming it has been properly constituted [2] Group 2 - The Board and management team of Nova Minerals Limited are introduced, including key members such as the Executive Director, Company Secretary, and CFO [3] - Shareholders are welcomed to participate via Zoom and are encouraged to submit questions through the Q&A function [4]

Core Insights - NuVista Energy Ltd. is set to enter a definitive arrangement with Ovintiv Inc. and Ovintiv Canada ULC, valuing NuVista at approximately $3.8 billion CAD, including net debt, with the transaction expected to close in the first quarter of 2026 [1][2]. Group 1 - The transaction aims to provide NuVista shareholders with exposure to a complementary portfolio of assets from Ovintiv, which are characterized by similar quality and longevity [2]. - The advisory firm Vinson & Elkins played a key role in facilitating this transaction, with a team led by partners Matt Strock and Alex Robertson [3].