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NEXMETALS MINING CORP. Stock Price, News & Analysis

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Welcome to our dedicated page for NEXMETALS MINING news (Ticker: PRMLD), a resource for investors and traders seeking the latest updates and insights on NEXMETALS MINING stock.

The PRMLD news page on Stock Titan provides an archive of news coverage connected to NexMetals Mining Corp., which identifies PRMLD as its OTC Pink symbol in company communications. NexMetals describes itself as a mineral exploration and development company focused on the redevelopment of previously producing copper, nickel and cobalt resource mines in the Republic of Botswana, including the Selebi and Selkirk projects.

Company news releases highlight technical and project-focused updates. At the Selkirk Mine, described as a past-producing Cu-Ni-Co-PGE operation, NexMetals reports drilling programs, re-assay work on historical core, and geophysical surveys such as borehole electromagnetics (BHEM) and Versatile Time-Domain Electromagnetic (VTEM) programs. These updates discuss high-grade mineralization outside the current mineral resource estimate and plans to test VTEM conductors near the existing resource within the mining license.

At the Selebi Mines, and specifically Selebi North Underground, NexMetals’ news covers resource expansion drilling beyond a prior Mineral Resource Estimate. Releases include detailed assay intervals, copper equivalent (CuEq) grades, and descriptions of mineralized zones such as the South Limb and N2 Limb. The company also reports the use of BHEM surveys to identify off-hole conductors and to guide follow-up drilling.

In addition to project results, NexMetals’ news flow includes capital markets developments. The company states that its common shares trade on the TSX Venture Exchange under the symbol NEXM and that its shares were quoted on the OTC Pink market under PRMLD. It further reports that its common shares began trading on the Nasdaq Stock Market under the symbol NEXM, at which point the shares would cease to be quoted on the OTC Pink Markets. Investors reviewing PRMLD-related news can use this page to follow these historical and technical disclosures.

Rhea-AI Summary

NexMetals Mining Corp. (NASDAQ: NEXM) has announced its uplisting to the Nasdaq Stock Market, with trading commencing on July 16, 2025 under the symbol "NEXM". The company will maintain its listing on the TSX Venture Exchange under the same symbol, while discontinuing its quotation on the OTC Pink Markets.

CEO Morgan Lekstrom highlighted this uplisting as a transformative milestone in the company's growth strategy, emphasizing its potential to enhance long-term shareholder value and strengthen global presence for future strategic partnerships.

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NexMetals Mining Corp. (OTC Pink: PRMLD) has announced significant progress in its drilling program at the Selkirk Mine in Botswana, a past-producing copper-nickel-cobalt-platinum group elements project. The company has completed 2,819 metres of metallurgical drilling across 10 holes and is now expanding exploration efforts.

Historical core re-assay results revealed impressive high-grade mineralization, including 5.59% CuEq over 3.95 metres, with a notable intersection showing 8.69% CuEq over 0.52 metres. The company is implementing borehole electromagnetics (BHEM) surveys and plans to test untested Versatile Time-Domain Electromagnetic (VTEM) anomalies located south of the Selkirk resource.

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NexMetals Mining Corp. (TSXV: NEXM) (OTC: PRMLD) has reported significant drilling results from its Selebi North Underground (SNUG) resource expansion program. The company announced two key drill holes that extended mineralization beyond the 2024 Mineral Resource Estimate (MRE):

The first hole, SNUG-25-184, intercepted:

  • 13.50 metres of 3.68% CuEq (1.13% Cu, 1.24% Ni, 0.06% Co) in the South Limb, 183 metres down plunge of 2024 MRE
  • 6.25 meters of 2.16% CuEq (0.62% Cu, 0.75% Ni, 0.04% Co) in the N2 Limb, 300 metres down plunge

The second hole, SNUG-25-185, yielded 5.95 metres of 4.14% CuEq (2.87% Cu, 0.62% Ni, 0.03% Co) in the N2 Limb. Borehole Electromagnetic (BHEM) surveys confirmed the zones remain open down-plunge, with South Limb mineralization extended 315 metres beyond the 2024 resource model. The company has completed additional holes with pending assays, including SNUG-25-189 which discovered new mineralization of 5.20 metres at South Limb and 15.50 metres at N2 Limb.

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FAQ

What is the current stock price of NEXMETALS MINING (PRMLD)?

The current stock price of NEXMETALS MINING (PRMLD) is $7.6945 as of July 15, 2025.

What is the market cap of NEXMETALS MINING (PRMLD)?

The market cap of NEXMETALS MINING (PRMLD) is approximately 123.9M.

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PRMLD Stock Data

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