Nova Minerals Corp Discloses June 2026 CDI and Stock Register Changes on ASX

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

Nova Minerals Corp's Appendix 4A for June 2026 confirms that CDIs over quoted securities on the ASX declined from 222,477,876 at May 31, 2026, to 222,096,276 at June 30, 2026, a net drop of 381,600 CDIs. The CDIs operate on a 12:1 ratio, where each underlying share of Nova Minerals common stock corresponds to 12 CDIs on the ASX. This ratio is commonly employed by companies dual-listed in Australia and North America to align the typically lower North American share price with Australian investor preferences.

This CDI decrease does not signify a reduction in total Issued Capital. Instead, it reflects a transfer between the CDI register and the common stock register, a routine process when investors convert ASX-listed CDIs into NYSE American common stock. The scale of this net movement aligns with prior months and does not indicate any unusual or material ownership changes.

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

Nova Minerals maintains a dual-listing structure with shares trading as common stock on the NYSE American under ticker NVA and as CDIs on the ASX under the same code. The CDI structure 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, the company cannot issue ordinary shares directly on the ASX, making CDIs the standard vehicle for Australian investors.

When investors convert ASX-listed CDIs to 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 shares were added to the NYSE American register—precisely matching the 12:1 CDI-to-common stock ratio (381,600 ÷ 12 = 31,800). This confirms the movement was structural with no new shares issued.

Common Stock Holdings Increase to 19,673,027 by June End

On the common stock register (ASX security code NVAAY), shares held outside the CDI structure rose from 19,641,227 at May 31, 2026, to 19,673,027 at June 30, 2026, a net increase of 31,800 shares. These shares are held directly by investors through the NYSE American and are not represented by ASX CDIs. This increase mirrors the CDI decline, confirming investor transfers from the Australian to the US register during June.

The filing also shows NVAAZ—defined as a 12:1 CDI equivalent to NVAAY—increasing 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 issued, whether held as CDIs on the ASX or as common stock on the NYSE American. The increase in NVAAZ and decrease in NVA CDIs reflect the same transfer event from different accounting perspectives.

Warrants and Options Unchanged in June 2026

The filing reveals that all warrants and options remained stable throughout June 2026. The company’s options (NVAAAA), expiring on various dates and prices, held steady at 1,281,244 units. Performance rights (NVAAM) also remained unchanged at 199,995. These instruments represent potential future dilution but saw no exercises, forfeitures, or new issuances during the month.

Nova Minerals holds four warrant classes: 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 May. The exercise prices range from USD 1.4532 to USD 13.875, indicating varied economic incentives depending on market prices. Investors may wish to watch for changes in these instruments’ in-the-money status as market conditions evolve.

Capital Transparency Through Dual-Listing Structure

The monthly Appendix 4A filing complies with ASX Listing Rules for entities issuing CDIs over securities listed on another exchange. By providing this monthly report, Nova Minerals offers Australian investors a transparent and current overview of securities distributed across its ASX and NYSE American listings. This transparency is crucial for dual-listed companies, as register movements can impact Liquidity and float on each exchange.

As of June 30, 2026, the majority of Nova Minerals’ Equity capital remains accessible via the ASX CDI structure, with 222,096,276 CDIs outstanding compared to 19,673,027 common stock shares held outside the CDI structure. This indicates the ASX is the more actively used venue by securities count, though trading volumes and liquidity are separate matters not covered in this filing. Investors interested in trading activity should consult exchange data directly.

Comprehensive Securities Overview as of 30 June 2026

Combining all disclosed security classes, Nova Minerals’ total issued capital at June 30, 2026 includes 222,096,276 ASX-quoted CDIs, 19,673,027 common stock shares on the NYSE American register, 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, serving as the broadest measure of the company’s common equity expressed in CDI terms.

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) significantly above the USD 1.4532 level of the NVAAV class, indicating varied economic incentives to exercise depending on market price. No current share price or guidance was disclosed in this update.

No Evidence of Capital Raising or Dilution in June 2026 Filing

The June 2026 Appendix 4A filing shows no new share issuance, capital raising, or option/warrant exercises during the month. The sole movement was the structural transfer of 381,600 CDIs into 31,800 common stock shares, a capital-neutral event altering the form but not the quantity of securities outstanding. This should reassure investors concerned about near-term dilution from Capital Markets activity.

However, this report covers only June 2026 and does not provide guidance on future capital raising or warrant exercises. Nova Minerals may undertake capital market transactions in coming months, which would be reported in future Appendix 4A filings or other disclosures. The next monthly CDI statement for July 2026 is expected in early August 2026 per ASX rules.

Insights for ASX Investors Tracking NVA’s Cross-Exchange Securities Flow

The modest migration of some NVA securities from the ASX CDI register to the NYSE American common stock register is a dynamic often monitored by dual-listed investors as an indicator of shifts in investor base or geographic Investment preferences. A sustained trend of CDI-to-common stock conversions could suggest growing preference for holding and trading via the US exchange, while rising CDI counts would imply movement toward the ASX. June 2026 data shows a small net outflow of 381,600 CDIs from over 222 million—less than 0.2%—not constituting a material shift.

Investors following Nova Minerals on both exchanges may benefit from comparing monthly Appendix 4A reports over time to detect emerging trends in securities distribution. The dual-listing and CDI conversion mechanism provide flexibility and ensure total securities outstanding remain consistent regardless of register. The immediate share price impact of this filing was not evident from public sources.