STOCK TITAN

NexMetals (NEXM) pushes back Q2 filing, expects steady results

(High)
(Negative)
Form Type
NT 10-Q

Rhea-AI Filing Summary

NexMetals Mining Corp. filed a Form 12b-25 to notify that its Quarterly Report on Form 10-Q for the quarter ended June 30, 2026 was not filed by the prescribed due date of August 14, 2026. The delay arises from work on an S-K 1300 Technical Report Summary for its Selkirk Mine, which is needed to support certain disclosures in the 10-Q. NexMetals states it intends to file the 10-Q within the five-day extension permitted under Rule 12b-25 and indicates it does not anticipate significant changes in results of operations versus the corresponding prior-year period.

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Period End June 30, 2026 Quarterly period covered by the delayed Form 10-Q
Original 10-Q Due Date August 14, 2026 Date the Form 10-Q for the June 30, 2026 quarter was due
Extension Length five-day extension Additional time to file the Form 10-Q under Rule 12b-25
Filing Date of Notification August 17, 2026 Date the Form 12b-25 notification was signed
Contact Telephone 647-822-1358 Telephone number for CFO Brett MacKay regarding this notification
Form 12b-25 regulatory
"FORM 12b-25 | | NOTIFICATION OF LATE FILING"
Form 12b-25 is a notice a publicly traded company files with the U.S. Securities and Exchange Commission when it cannot deliver a required periodic report (like a quarterly or annual financial report) on time. It explains the reason for the delay and gives the company a short, temporary window to finish the report without being marked as delinquent; investors watch it because late filings can signal accounting, operational, or control issues that may affect a company’s reliability and stock risk, much like a missed homework deadline can raise concerns about a student’s preparedness.
Rule 12b-25 regulatory
"within the five-day extension provided under Rule 12b-25 of the Securities Exchange Act"
Rule 12b-25 is an SEC filing provision that lets a company notify regulators and the public that it cannot file a required periodic report (like a quarterly or annual report) on time and explains the reason for the delay. For investors, the notice is a formal heads-up that financial information will arrive late—similar to a company calling to say it will be late turning in homework—so it signals increased uncertainty and may affect trading and risk assessments until the filing is available.
S-K 1300 Technical Report Summary regulatory
"delays experienced in the preparation of its S-K 1300 Technical Report Summary related to its Selkirk Mine"
A S-K 1300 technical report summary is a standardized, investor-facing synopsis of a mining project’s geology, estimated mineral quantities, and the methods used to calculate them, prepared under SEC rules for clear public disclosure. Think of it as a builder’s blueprint and inspection report combined: it helps investors judge how much resource is likely present, how reliable the estimate is, and what technical or economic risks could affect the project’s value.
Quarterly Report on Form 10-Q regulatory
"unable to file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2026"
A quarterly report on Form 10-Q is a standardized financial filing public companies must submit to U.S. regulators every three months, summarizing recent financial results, cash flows, balance sheet changes, operations and material risks or legal developments. Investors treat it like a company report card that shows up-to-date facts rather than marketing copy, helping them track performance, spot trends, reassess risk and make buy or sell decisions.

FAQ

Why did NexMetals Mining Corp. (NEXM) file a Form 12b-25 for its June 30, 2026 quarter?

NexMetals filed Form 12b-25 because it could not file its Form 10-Q for the quarter ended June 30, 2026 on time. The company cites delays completing an S-K 1300 Technical Report Summary for its Selkirk Mine, which is needed to support related disclosures.

When does NexMetals Mining Corp. (NEXM) expect to file its delayed Form 10-Q?

NexMetals states it intends to file the Form 10-Q within the five-day extension allowed under Rule 12b-25. The original due date was August 14, 2026, so the company plans to submit the report within that short extension window.

What specific issue caused NexMetals Mining Corp. (NEXM) to delay its June 30, 2026 Form 10-Q?

The delay stems from preparing an S-K 1300 Technical Report Summary for NexMetals’ Selkirk Mine. This technical report is required to support certain disclosures in the quarterly report, and the work was not completed in time to meet the original filing deadline.

Does NexMetals Mining Corp. (NEXM) expect significant changes in results for the June 30, 2026 quarter?

NexMetals indicates it does not anticipate any significant change in results of operations versus the corresponding prior-year period. The company marked the significant-change question as not applicable, suggesting earnings are expected to be broadly comparable.

Have NexMetals Mining Corp. (NEXM)’s other required periodic reports been filed on time?

NexMetals indicates that all other periodic reports required under the Securities Exchange Act or Investment Company Act during the relevant period have been filed. The late-filing notification applies only to the June 30, 2026 Form 10-Q.

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Learn about SEC filing dates

 

 

 

   

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 12b-25

  SEC FILE NUMBER: 000-42750
         
    NOTIFICATION OF LATE FILING   CUSIP NUMBER: 65346E204

 

(Check one):   ☐Form 10-K ☐ Form 20-F ☐ Form 11-K ☒ Form 10-Q ☐ Form 10-D
    ☐ Form N-CEN ☐ Form N-CSR      
             
    For Period Ended: June 30, 2026
    ☐ Transition Report on Form 10-K      
    ☐ Transition Report on Form 20-F      
    ☐ Transition Report on Form 11-K      
    ☐ Transition Report on Form 10-Q      
    For the Transition Period Ended: ______________________________________________________

 

Read Instruction (on back page) Before Preparing Form. Please Print or Type.

Nothing in this Form shall be construed to imply that the Commission has verified any information contained herein.

 

If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:

 

 

 

PART I — REGISTRANT INFORMATION

 

NexMetals Mining Corp.
Full Name of Registrant
 
N/A
Former Name if Applicable
 
1111 West Hastings Street, 15th Floor
Address of Principal Executive Office (Street and Number)
 
Vancouver, British Columbia, Canada, V6E 2J3
City, State and Zip Code

 

 

 

 

 

 

PART II — RULES 12b-25(b) AND (c)

 

If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)

 

  (a) The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
(b) The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-CEN or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
  (c) The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

 

PART III — NARRATIVE

 

State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-CEN, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

 

NexMetals Mining Corp. (the “Registrant”) was unable to file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2026 (the “Quarterly Report”) on August 14, 2026 due to delays experienced in the preparation of its S-K 1300 Technical Report Summary related to its Selkirk Mine, which TRS is required to support certain disclosures in the Quarterly Report. The Registrant intends to file the Quarterly Report with the Securities and Exchange Commission within the five-day extension provided under Rule 12b-25 of the Securities Exchange Act of 1934, as amended.

 

PART IV — OTHER INFORMATION

 

(1) Name and telephone number of person to contact in regard to this notification
   
  Brett MacKay, Chief Financial Officer   647   822-1358
  (Name)   (Area Code)   (Telephone Number)
   
(2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s).
   
          ☒ Yes         ☐ No
           
(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?
   
          ☐ Yes         ☒ No
           
 

If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.

 

Not applicable

 

 

 

 

NexMetals Mining Corp.

 

(Name of Registrant as Specified in Charter)

 

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date August 17, 2026   By /s/ Brett MacKay
      Name: Brett MacKay
      Title: Chief Financial Officer

 

INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative’s authority to sign on behalf of the registrant shall be filed with the form.

 

  ATTENTION  
Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).