July 2 (Reuters) - Torian Resources Ltd TNR.AX :
* NOVA MINERALS HAS ELECTED FOR EARLY CONVERSION OF ITS CONVERTIBLE NOTE IN CO
* FOLLOWING CONVERSION, NOVA WILL HOLD ABOUT 17.5% OF ISSUED SHARES IN TORIAN
* INTENDS TO UNDERTAKE PRO-RATA RIGHTS ISSUE TO FAST- TRACK PHASE 2 DRILLING AT MT STIRLING GOLD CAMP