Nova raises funds for Alaskan exploration

ASX-listed Nova Minerals has completed a share placement to raise A$4.3-million to continue exploration and development work at its Korbel deposit, in southern Alaska.

The company issued more than 91.48-million shares, at an issue price of 4.7c each, with 45.74-million free attaching options exercisable at 3.25c each and expiring at the end of August this year.