NexMetals Announces Continuance into British Columbia

Rhea-AI Summary

NexMetals (TSXV:NEXM / NASDAQ:NEXM) announced on October 10, 2025 that it has completed a legal continuance from the Province of Ontario into the Province of British Columbia under the Business Corporations Act (British Columbia) (BCBCA).

Shareholders approved the continuance at the annual and special meeting on June 3, 2025. As part of the move, the company replaced its articles and bylaws with new notice of articles and articles under the BCBCA. The company's CUSIP/ISIN and trading symbol NEXM remain unchanged.

Vancouver, British Columbia--(Newsfile Corp. - October 10, 2025) - NexMetals Mining Corp. (TSXV: NEXM) (NASDAQ: NEXM) (the "Company") announces that it has continued out of the provincial jurisdiction of Ontario into the jurisdiction of the Province of British Columbia under the Business Corporations Act (British Columbia) (the "BCBCA"). Shareholders approved the continuance at the Company's annual general and special meeting of shareholders held on June 3, 2025.

In connection with the continuance, the Company has replaced its articles and bylaws with new notice of articles and articles, respectively, under the BCBCA. The CUSIP / ISIN numbers for the Company's common shares and the stock symbol for the Company's common shares remain unchanged.

About NexMetals Mining Corp.

NexMetals Mining Corp. is a mineral exploration and development company that is focused on the redevelopment of the previously producing copper, nickel and cobalt resources mines owned by the Company in the Republic of Botswana.

NexMetals is committed to governance through transparent accountability and open communication within our team and our stakeholders. NexMetals' team brings extensive experience across the full spectrum of mine discovery and development. Collectively, the team has contributed to dozens of projects, including work on the Company's Selebi and Selkirk mines. Senior team members each have on average, more than 20 years of experience spanning geology, engineering, operations, and project development.

For further information about NexMetals Mining Corp., please contact:

Morgan Lekstrom
CEO and Director
morganl@nexmetalsmining.com

Jaclyn Ruptash
V.P., Communications and Investor Relations
jaclyn@nexmetalsmining.com

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Neither the TSX Venture Exchange and its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) nor the Nasdaq Stock Market LLC accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269930

FAQ

What does NexMetals' continuance to British Columbia mean for shareholders of NEXM?

The continuance changes the company's legal jurisdiction to British Columbia under the BCBCA but keeps the trading symbol NEXM and CUSIP/ISIN unchanged.

When did NexMetals shareholders approve the continuance to BC for NEXM?

Shareholders approved the continuance at the annual and special meeting held on June 3, 2025.

Will NexMetals' stock symbol or CUSIP/ISIN change after the continuance?

No. The announcement states the company's stock symbol NEXM and CUSIP/ISIN remain unchanged.

What corporate documents did NexMetals replace during the continuance to BC?

The company replaced its previous articles and bylaws with a new notice of articles and articles under the BCBCA.

Does the continuance to British Columbia affect NexMetals' listing on TSXV or NASDAQ?

The announcement does not state any change to the TSXV or NASDAQ listings; the trading symbol NEXM remains the same.

Where can investors find formal filings about NexMetals' continuance to BC for NEXM?

Investors should consult the company's regulatory filings and investor relations disclosures for the formal continuance documents and related notices.