(NOVA) Nova Resources

15 March 2012

Nova Resources Limited

("Nova" or the "Company")

Issue of Equity

Further to the announcement dated 10 February 2012, the Company has received notice from Mr Mark Elliot converting £10,000 of convertible unsecured loan notes 2015 into 133,333 ordinary shares of par value £0.01 each (the "Shares") which represents 0.13% of the enlarged share capital.

Application will be made to the London Stock Exchange for the Shares to be admitted to trading on AIM and it is expected that admission will be effective and trading will commence at 8:00 am on 21 March 2012 ("Admission").

Total Voting Rights

Following Admission, the Company will have 106,115,287 Ordinary Shares in issue.  Since the Company holds no shares in Treasury, the total number of voting rights in the Company is therefore 106,115,287 and this figure may therefore be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

28 February 2012

Nova Resources Limited

("Nova" or the "Company")

Replacement re Issue of Shares and Total Voting Rights

The following amendment has been made to the 'Issue of Shares and Total Voting Rights' announcement released on 27 February 2012 at 07.00 under RNS Number 1054Y.

Following Admission, the Company will have 105,981,954 Ordinary Shares in issue, not 82,410,526 as previously stated. All other details remain unchanged.

The full amended announcement is shown below.

Issue of Shares

The Company is pleased to announce that it has raised £210,000 by way of a subscription for shares at an issue price of £0.095 each with various investors (the "Subscription").  The Subscription comprises 2,210,526 new ordinary shares of par value £0.01 each ("Ordinary Shares") in the capital of the Company and represents 2.76% of the enlarged share capital of the Company at Admission (the "Subscription Shares").

The proceeds of the Subscription will be used for working capital and to execute Nova's investing policy.

Application will be made to the London Stock Exchange for the Subscription Shares to be admitted to trading on AIM and it is expected that admission will be effective and trading will commence at 8:00 am on 5 March 2012 ("Admission").  

Total Voting Rights

Following Admission, the Company will have 105,981,954 Ordinary Shares in issue.  Since the Company holds no shares in Treasury, the total number of voting rights in the Company is therefore 105,981,954 and this figure may therefore be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.