Nova recently secured up to $6 million in funding through highly regarded fund manager and shareholder Collins St Asset Management and can expect a further injection of about $14 million from the imminent exercise of listed options that expire on 31 August 2020 and are well in the money.
This level of funding will allow the company to accelerate its exploration programs and start to consider development studies.
NVA - GOLD DISTRICT IN THE MAKING, page-501
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