Nova Minerals Limited has announced that it will relocate its corporate domicile to the United States, creating a new U.S.-incorporated parent company that will retain the company’s existing listings on the Australian Securities Exchange and Nasdaq. The redomiciliation is scheduled to be completed by the end of June 2026, after the company loses its foreign private issuer status on July 1 2026, a change triggered by the fact that more than 50 % of its shares were held by U.S. investors as of December 31 2025.
Chief Financial Officer Michael Melamed will step down effective April 30 2026. The board has begun a search for a U.S.-based CFO with experience in mining operations and U.S. GAAP accounting to support the company’s transition to a U.S.‑focused critical‑minerals developer and to prepare for future financing and regulatory requirements.
The redomiciliation is intended to align Nova’s legal structure with its Alaskan operations, simplify compliance with U.S. securities regulations, and broaden the company’s appeal to institutional investors. By consolidating ownership of the Estelle Gold and Critical Minerals Project and securing a U.S. government award of $43.4 million for antimony production, Nova aims to accelerate construction and production while positioning itself for strategic growth in the U.S. critical‑minerals market.
The Estelle project, located in Alaska’s Tintina Gold Belt, hosts multi‑million‑ounce gold resources and a significant antimony deposit. The U.S. Department of War award underscores the project’s strategic importance and provides a financial cushion that supports the company’s capital‑intensive development plans.
The redomiciliation requires shareholder and court approvals and will streamline the company’s compliance with U.S. securities laws. The CFO transition is part of a broader restructuring effort to strengthen governance, improve financial reporting under U.S. GAAP, and enhance the company’s ability to raise capital in a deeper, more liquid market.
CEO Christopher Gerteisen said the move “leverages the growing U.S. investor base and opens new avenues for institutional investment that were previously restricted under the ADS structure.” He added that the search for a U.S.‑based CFO will ensure the company has the expertise needed to navigate the complexities of U.S. mining accounting and regulatory oversight.
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