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

June 2026 Sees 381,600 CDI Reduction in Nova Minerals' Monthly Report

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 by the close of June 2026, marking a net drop of 381,600 CDIs. The CDIs operate on a 12:1 ratio, where each underlying Nova Minerals common share corresponds to 12 CDIs on the ASX. This ratio facilitates bridging the typically lower per-unit share price of North American stock with Australian investor preferences in dual-listed companies.<\/p>

This CDI decrease does not reflect a reduction in total Issued Capital. Instead, it represents a transfer between the CDI and common stock registers, a normal process occurring when investors convert ASX-listed CDIs into NYSE American common stock. The scale of this movement aligns with prior months and does not suggest any unusual or significant change in ownership structure.<\/p>

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

Nova Minerals maintains a dual-listing where its shares trade as common stock on the NYSE American (symbol NVA) and as CDIs on the ASX (code NVA). The CDI system is managed via CHESS, the ASX’s Clearing House Electronic Subregister System. Incorporated outside Australia with an Australian Registered Body Number (ARBN) 696085346 rather than an ACN, Nova Minerals 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 corresponding common stock on the US register. In June 2026, 381,600 CDIs were cancelled on the ASX, while 31,800 common stock units were added on the NYSE American register — matching exactly the 12:1 CDI-to-common stock conversion ratio (381,600 ÷ 12 = 31,800). This confirms the transfer was 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 security 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 increase of 31,800 shares. These shares are held directly by investors through the NYSE American and not represented by ASX CDIs. This increase corresponds with the CDI decrease, confirming securities moved from the Australian to the US register during June.<\/p>

The filing also notes NVAAZ — a 12:1 CDI equivalent to NVAAY — rose from 235,694,724 to 236,076,324, an increase of 381,600 units. This figure represents the CDI-equivalent total of all common stock issued, whether as ASX CDIs or NYSE American common stock. The increase in NVAAZ alongside the decrease in NVA CDIs reflects the same transfer event from different reporting perspectives.<\/p>

Warrants and Options Hold Steady Across Capital Structure

Nova Minerals’ filing shows no changes in warrants and options during June 2026. Options (NVAAAA), with various expiry dates and strike prices, remained at 1,281,244, while performance rights (NVAAM) stayed at 199,995. These instruments, which could dilute shareholders if exercised, experienced no exercises, forfeitures, or new issuances in the period.<\/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 four warrant classes were unchanged from May. The exercise prices range broadly from USD 1.4532 to USD 13.875, and investors may wish to monitor if these instruments move into or out of the money as market conditions evolve.<\/p>

Capital Transparency Benefits from Nova Minerals' Dual-Listing

The monthly Appendix 4A filing is a regulatory requirement under ASX Listing Rules for entities issuing CDIs over securities quoted on another exchange. By submitting this report monthly, Nova Minerals provides Australian investors with a transparent and current overview of securities distribution across its ASX and NYSE American listings. This transparency is important because transfers between registers can impact Liquidity and available float on each exchange.<\/p>

For Nova Minerals, the filing indicates the majority of equity capital remains accessible through the ASX CDI structure, with 222,096,276 CDIs compared to 19,673,027 common stock units held outside the CDI system. This suggests the ASX remains the primary trading venue by securities count, although trading volumes and liquidity data are not provided here and would require direct exchange consultation.<\/p>

Comprehensive 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 CDIs, 19,673,027 NYSE American common stock units, 1,281,244 options, 199,995 performance rights, and 372,751 warrants across four classes (1,710 + 710 + 38,270 + 332,361). The NVAAZ figure of 236,076,324 represents the CDI-equivalent total common stock and is the broadest measure of the company’s common equity base in CDI terms.<\/p>

It is important to recognize that options, performance rights, and warrants differ from shares and only convert to common equity upon exercise or vesting per their terms. Three warrant classes have exercise prices (USD 7.50, USD 10.365, USD 13.875) well above the USD 1.4532 price of the NVAAV class, indicating varying economic incentives depending on market price. The company did not disclose current share prices or guidance in this update.<\/p>

No Evidence of Capital Raising or Dilutive Issuance in June 2026

The June 2026 Appendix 4A reveals no new share issuance, capital raising, or option/warrant exercises. The sole movement was the structural conversion of 381,600 CDIs into 31,800 common stock units, a capital-neutral event altering the form but not the quantity of securities outstanding. This provides reassurance to investors concerned about near-term dilution from Capital Markets activity.<\/p>

However, this report covers only June 2026 and does not offer forward-looking guidance on capital raising or warrant exercises. Future capital market transactions may occur and would be disclosed in subsequent Appendix 4A filings or other regulatory announcements. The next monthly CDI statement for July 2026 is expected in early August 2026 per ASX rules.<\/p>

Insights for ASX Investors on Cross-Exchange Security Movements

The modest migration 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 may suggest investors favor holding and trading shares on the US exchange, while increases in CDIs would imply preference for the ASX. June 2026 data shows a small net outflow of 381,600 CDIs from over 222 million — less than 0.2% — which is not a material change.<\/p>

Investors monitoring Nova Minerals across both exchanges may find reviewing monthly Appendix 4A filings over time helpful to identify emerging trends in securities allocation. The dual-listing provides flexibility for investors in both markets, and the CDI conversion system ensures total securities remain consistent regardless of register. The immediate share price impact of this filing was not available from public sources.<\/p>