NexMetals Begins Trading on the Nasdaq Under the Symbol NEXM
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.
Positive
- Uplisting to Nasdaq enhances company visibility and access to U.S. capital markets
- Dual listing on TSXV and Nasdaq provides increased trading liquidity
- Strategic positioning for future partnerships through enhanced market presence
Negative
- Additional compliance and reporting requirements associated with Nasdaq listing
- Increased operational costs related to maintaining dual listing
Vancouver, British Columbia--(Newsfile Corp. - July 16, 2025) - NexMetals Mining Corp. (TSXV: NEXM) (NASDAQ: NEXM) (formerly Premium Resources Ltd.) (the "Company or NEXM") is pleased to announce that its common shares (the "Common Shares") will begin trading today on the Nasdaq Stock Market LLC ("Nasdaq") under the symbol "NEXM".
Upon commencement of trading on Nasdaq, the Company's Common Shares will cease to be quoted on the OTC Pink Markets. NexMetals will continue to trade on the TSX Venture Exchange (the "TSXV") under the symbol "NEXM".
Morgan Lekstrom, CEO of the Company, commented: "The successful uplisting to Nasdaq is a transformative milestone in our growth strategy. This listing reflects our continued disciplined execution, and our confidence in our renewed strategy to accelerate long-term value for our investors while strengthening our global presence and platform for future strategic partnerships."
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
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) 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.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/258980
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