NOVA.L Regulatory News (NOVA)

NOVA RESOURCES LIMITED

("Nova" or the "Company")

Acquisition of warrants and shares by directors, and issue of convertible loan note

Nova has been advised today that Shine Link Limited (a BVI company owned and controlled by the CEO of Nova, Chan Fook Meng ("Shine")), Christopher Andrew Morgan and Nazim Khan (both being non-executive directors of Nova) have acquired today, an interest in the Ordinary Shares of 1p ("Shares") in the Company.

Shine has acquired 83,000,000 warrants, for a price of 0.1p per warrant, which expire on 31 December 2018 and are exercisable at a price of 1p per warrant (the "Warrants"). Mr Chan has a total indirect beneficial interest in 55,000,000 Shares in Nova, representing 42.6% of Nova's total issued share capital, and following this acquisition of the Warrants by him, has an interest in warrants and options to acquire a further 84,500,000 Shares in Nova. If all warrants and options are exercised by Mr Chan, assuming no other Shares are issued, Mr Chan will have a total of 139,500,000 Shares in Nova, representing 65.3% of Nova's then enlarged total issued share capital.

Christopher Andrew Morgan and Nazim Khan have each acquired 3,000,000 Shares in the Company, at a price of 1p per share.

Mr Morgan does not currently have an interest in Shares in Nova, and following this acquisition of Shares, has a total of 3,000,000 Shares in Nova, representing 2.3% of Nova's total issued share capital.

Mr Khan does not currently have an interest in Shares in Nova, and following this acquisition of Shares, has a total of 3,000,000 Shares in Nova, representing 2.3% of Nova's total issued share capital. If Mr Khan exercises all options held by him, assuming no other Shares are issued, he will have a total of 3,500,000 Shares in Nova, representing 2.7% of Nova's then enlarged total issued share capital.

Nova also announces that it has issued a 0% convertible loan note (the "Note") to NAS Corporate Services Ltd (the "Noteholder") for the amount of £31,500. The terms of the loan Note are as follows:

· The Note is repayable on 31 December 2014, or sooner if certain circumstances are satisfied;

· The Note does not carry a coupon;

· The Noteholder has the right, but not the obligation, at any time to convert part of, or the whole of, the principal amount outstanding under the Note into Shares at the conversion rate of 1p per Share; and

· The Note is transferrable.

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