Company: PRMLF
Filing Date: 2025-06-25
Form Type: 8-K
Source: 0001641172-25-016471
Chunk: 2

Company: NexMetals Mining Corp.
Filing Date: 2025-06-25
Form: 8-K
Item: Item 7.01
Chunk 2
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Item
7. 01

Regulation FD
Disclosure.

On
June 18, 2025 and June 24, 2025, the Company issued press releases announcing the matters disclosed in this Current Report on Form 8-K,
which are attached as Exhibits 99.1 and 99.2 hereto.

Cautionary
Statements to Investors on Reserves and Resources

The
news release furnished herewith uses the terms “mineral resources”, “indicated mineral resources” and “inferred
mineral resources” as such terms are defined under Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects
(“ NI 43-101”). NI 43-101 is a rule developed by the Canadian Securities Administrators, which establishes standards for all
public disclosure a Canadian issuer makes of scientific and technical information concerning mineral projects.

On
October 31, 2018, the Securities and Exchange Commission (“ SEC”) adopted new mining disclosure rules (“ S-K 1300”)
that are more closely aligned with current industry and global regulatory practices and standards, including NI 43-101, with which we
comply because we are also a “reporting issuer” under Canadian securities laws. While S-K 1300 is more closely aligned with
NI 43-101 than the prior mining disclosure rules of the SEC, there are some differences. Accordingly, there is no assurance any mineral
resources that the Company may report as “indicated mineral resources” and “inferred mineral resources” under
NI 43-101 will be the same as the reserve or resource estimates prepared under S-K 1300. Investors should not assume that any part or
all of indicated mineral resources or inferred mineral resources will ever be converted into a higher category of mineral resources or
into mineral reserves. Mineralization described using these terms has a greater amount of uncertainty as to their existence and feasibility
than mineralization that has been characterized as reserves. Accordingly, investors are cautioned not to assume that any “indicated
mineral resources”, or “inferred mineral resources” on the Company’s projects are or will be economically or
legally mineable. Further, “inferred resources” have a greater amount of uncertainty as to their existence and as to whether
they can be mined legally or economically. Therefore, investors are also cautioned not to assume that all or any part of the inferred
resources exist. In accordance with Canadian rules, estimates of “inferred mineral resources” cannot form the basis