Nova Minerals Ltd (ASX:NVA) Divests Interests in HPA Project

The directors of Nova Minerals Limited (ASX:NVA) (FRA:QM3) (OTCMKTS:QTRPF) are pleased to advise that the company has divested its interest Halcyon Resources Pty Ltd, which owns the Tambellup Kaolin Project to Accelerate Resources Limited (ASX:AX8) for an initial consideration of 1,335,600 ordinary shares of AX8 and subsequent milestone shares.

Further details of the sale are included in the announcement made by Accelerate Resources Limited (ASX:AX8) and can be found here:
https://www.abnnewswire.net/lnk/0E8L7WZM

The company remains solely focussed on its strategy to upgrade and expand its gold resource inventory at its district scale Estelle Gold Project and pursue its fast track cash flow strategy from the Thompson Brothers Lithium Project held in majority Nova owned Snow Lake Resources. We will update the market on developments in due course.

Nova Minerals Ltd
P: +61-3-9614-0600
F: +61-3-9614-0550
WWW: novaminerals.com.au