Nova Minerals Corp Details June 2026 CDI and Stock Movements on ASX

June 2026 Sees Nova Minerals’ CDI Count Drop by 381,600

According to Nova Minerals Corp’s Appendix 4A filing for June 2026, the total CDIs issued over quoted securities on the ASX declined from 222,477,876 at May’s end to 222,096,276 at June’s close, a net decrease of 381,600 CDIs. The CDIs are issued on a 12:1 ratio, where each underlying share of Nova Minerals common stock corresponds to 12 CDIs on the ASX. This ratio is a common practice for companies dual-listed in Australia and North America to reconcile the typically lower per-share price of North American stock with Australian investor preferences.<\/p>

This reduction in CDIs does not signify a decrease in the company’s total Issued Capital. Instead, it reflects a transfer of securities between the CDI and common stock registers, a routine process triggered when investors opt to convert ASX-listed CDIs into NYSE American common stock. The scale of this movement aligns with previous months and shows no unusual or material change in ownership structure.<\/p>

Understanding the CDI-to-Common Stock Conversion for NVA Investors

Nova Minerals employs a dual-listing structure with shares trading as common stock on the NYSE American under the ticker NVA and as CDIs on the ASX, also under NVA. The CDI system is managed via CHESS, the ASX’s Clearing House Electronic Subregister System. Since Nova Minerals is incorporated outside Australia—holding an Australian Registered Body Number (ARBN) 696085346 rather than an Australian Company Number (ACN)—it cannot issue ordinary shares directly on the ASX, making CDIs the standard vehicle for Australian investors.<\/p>

When investors convert ASX-listed CDIs into NYSE American common stock, CHESS cancels the CDIs and issues the corresponding common stock on the US register. In June 2026, a net 381,600 CDIs were cancelled on ASX, while 31,800 common stock shares were added on the NYSE American register—exactly matching the 12:1 conversion ratio (381,600 ÷ 12 = 31,800). This confirms the movement was purely structural with no new shares issued.<\/p>

Common Stock Holdings Increase to 19,673,027 at June Month-End

On the common stock register (ASX code NVAAY), shares held outside the CDI structure rose from 19,641,227 at May’s end to 19,673,027 at June’s close, a net addition of 31,800 shares. These shares are held directly by investors on the NYSE American and are not represented by ASX-listed CDIs. This increase mirrors the CDI decrease, confirming the transfer of securities from the Australian to the US register during June.<\/p>

The filing also notes that NVAAZ—defined as a 12:1 CDI equivalent to NVAAY—increased from 235,694,724 to 236,076,324, a rise of 381,600 units. This figure represents the CDI-equivalent total of all common stock on issue, whether held as CDIs on the ASX or common stock on the NYSE American. The increase in NVAAZ and decrease in NVA CDIs reflect the same transfer event from different disclosure perspectives.<\/p>

Warrants and Options Hold Steady Throughout June 2026

Nova Minerals’ filing shows several warrant and option classes remained unchanged in June 2026. Options (NVAAAA), with various expiry dates and strike prices, remained at 1,281,244 units. Performance rights (NVAAM) also held steady at 199,995. These instruments represent potential future dilution but saw no exercises, forfeitures, or new issuances during the month.<\/p>

The company’s Warrant classes include: NVAAAB warrants expiring 25 July 2028 at USD 10.365 (1,710 units); NVAAAC warrants expiring 24 September 2029 at USD 7.50 (710 units); NVAAAD warrants expiring 17 July 2030 at USD 13.875 (38,270 units); and NVAAV warrants expiring 25 July 2029 at USD 1.4532 (332,361 units). All remained unchanged from the previous month. The wide range of exercise prices, from USD 1.4532 to USD 13.875, suggests varying economic incentives depending on market conditions.<\/p>

Capital Transparency Enabled by Nova Minerals’ Dual-Listing Structure

The monthly Appendix 4A filing is a regulatory requirement under ASX Listing Rules for entities issuing CDIs over quoted securities on another exchange. By submitting this statement monthly, Nova Minerals offers Australian investors a transparent and up-to-date view of securities distribution across its two listings. This transparency is especially important for dual-listed companies, as register movements can influence Liquidity and available float on each exchange.<\/p>

For Nova Minerals, the filing reveals that most of the company’s Equity capital remains accessible via the ASX CDI structure, with 222,096,276 CDIs outstanding versus 19,673,027 common stock shares held outside the CDI system. This indicates the ASX remains the primary venue by securities count, though trading volumes and liquidity are separate metrics not covered here. Investors interested in trading activity should consult exchange data directly.<\/p>

Total Securities Overview as of 30 June 2026

Combining all disclosed classes, Nova Minerals’ total issued capital at June 30, 2026, includes 222,096,276 ASX-quoted CDIs, 19,673,027 NYSE American common stock shares, 1,281,244 options, 199,995 performance rights, and four warrant classes totaling 372,751 instruments (1,710 + 710 + 38,270 + 332,361). The NVAAZ figure of 236,076,324 represents the CDI-equivalent total common stock and provides the broadest measure of the company’s common equity expressed in CDI terms.<\/p>

It is important to recognize that options, performance rights, and warrants differ from shares and convert to common equity only upon exercise or vesting under their terms. The exercise prices for three warrant classes (USD 7.50, 10.365, and 13.875) are significantly higher than the USD 1.4532 price of the NVAAV class, meaning the economic incentive to exercise varies widely. The filing does not disclose current share prices or provide guidance.<\/p>

No Evidence of New Capital Raising or Dilution in June 2026 Filing

The June 2026 Appendix 4A filing shows no new share issuances, capital raising, or option/warrant exercises during the month. The sole movement was the structural conversion of 381,600 CDIs into 31,800 common stock shares, a capital-neutral event altering only the form of securities held. This offers reassurance to investors concerned about short-term dilution from Capital Markets activity.<\/p>

However, this filing covers only June 2026 and does not provide forward-looking guidance on potential capital raises or warrant exercises. Future capital market transactions, if any, would appear in subsequent Appendix 4A filings or other regulatory disclosures. The next monthly CDI statement for July 2026 is expected in early August 2026 per ASX Listing Rules.<\/p>

What ASX Investors Should Know About NVA’s Cross-Exchange Securities Flow

The gradual transfer of some NVA securities from the ASX CDI register to the NYSE American common stock register is a dynamic often watched by dual-listed company investors as an indicator of shifts in investor base or geographic Investment preferences. A sustained trend of CDI-to-common stock conversions could suggest institutional or retail investors favor holding and trading on the US exchange, while rising CDI counts would indicate movement toward the ASX. June 2026 data shows a modest net outflow of 381,600 CDIs from over 222 million, representing less than 0.2% of the CDI register and no material shift.<\/p>

Investors tracking Nova Minerals across both exchanges may find it helpful to compare monthly Appendix 4A filings over time to detect any emerging trends in securities distribution. The dual-listing structure provides flexibility for investors in both markets, with the CDI conversion mechanism ensuring total securities outstanding remain consistent regardless of register. The immediate share price impact of this filing was not evident from publicly available information.<\/p>