NEXMETALS MINING CORP. SEC Filings

NexMetals Mining Corp. (NEXM) completed a best efforts public unit offering in Canada, issuing 14,035,100 units at C$5.70 per unit for gross proceeds of C$80,000,070. Each unit includes one common share and one warrant, with each warrant allowing the purchase of one additional share at C$8.00 for 24 months following November 17, 2025. The company will pay the agents a cash fee of 6.0% of gross proceeds, with a reduced 2.0% rate for certain investors. The proceeds are intended to prepay the first contingent milestone payment for the Selebi and Selkirk mine acquisitions, advance exploration and development activities in Botswana, and fund working capital and general corporate purposes.

NexMetals Mining Corp. filed its Q3 report for the period ended September 30, 2025. The company remains pre‑revenue and recorded a net loss of $16.0M for the quarter and $46.3M year‑to‑date. Cash and cash equivalents were $14.1M, with total assets of $34.0M and total liabilities of $12.4M. Shareholders’ equity shifted to a positive $21.6M, driven by equity financings and debt conversion.

The company converted a term loan into equity in March 2025, recognized a $6.0M loss on extinguishment, and raised private placement funds. A new mortgage of $1.41M (BWP 13.68M) was secured for the Syringa Lodge. Exploration expenses totaled $10.7M in Q3 ($27.1M YTD), and a $0.50M impairment was recorded related to Phikwe South and Southeast Extension. The filing includes a going concern note citing continued losses and the need for additional financing. As of November 13, 2025, 21,455,608 Common Shares were issued and outstanding.

Subsequent to quarter‑end, the company announced an upsized offering for gross proceeds of up to $80,000,070 to fund the Selebi APA second installment and near‑term operations.

NexMetals Mining Corp. increased its previously announced public offering of units from up to C$65 million to up to C$80 million. The change was disclosed under “Other Events” and reflects an updated maximum size for the planned financing. The company issued a news release on October 30, 2025, attached as Exhibit 99.1, which is incorporated by reference.

NexMetals Mining Corp. (NEXM) reported that it issued a news release announcing a public offering. The company furnished the release as Exhibit 99.1 and referenced it for details.

The report lists the company’s common shares trading on the Nasdaq Capital Market under the symbol NEXM. The filing was signed by Chief Executive Officer Morgan Lekstrom.

NexMetals Mining Corp. furnished an 8-K to share that it issued a press release announcing final assay results from its metallurgical test program at the Selebi Mines in Botswana. The results confirm clean, high-grade, saleable copper and nickel-cobalt concentrates.

The information was furnished under Item 7.01 (Regulation FD) and is not deemed filed for purposes of Section 18 of the Exchange Act or incorporated by reference. The press release is included as Exhibit 99.1.

NexMetals Mining Corp. filed a Form 8-K reporting a corporate governance event and attached related exhibits. The company states that its Articles were adopted effective October 10, 2025, and it included a press release dated October 10, 2025 describing the material event. The filing lists Exhibit 3.1 for the adopted Articles and Exhibit 99.1 for the press release, plus the Inline XBRL cover page file. No financial statements, earnings data, or major transactions are included in the disclosed exhibits.