Company: PRMLF
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022391
Chunk: 52

Company: NexMetals Mining Corp.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 1
Chunk 52
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 board of directors (the “Board of Directors” or the “Board”):

    ○
     Chris Leavy on March
    25, 2025

    ○
    André van
    Niekerk on April 24, 2025; and

    ○
    Philipa Varris on
    July 23, 2025.

    The Company also appointed Paul Martin to Chairman of the Board, previously serving as Director and Interim Chief Executive Officer, on March 20, 2025. James K. Gowans retired as Chairman of the Board but continues as a director of the Company. The Company also announced the retirements of William O’Reilly, Don Newberry, and Norman MacDonald as directors of the Company.

    ● 
    On April 10, 2025, the
    Company announced a new strategic direction for the Mines. The Company’s strategic direction is aimed at rapidly demonstrating
    the size potential of the Selebi North and Selebi Main deposits. The Company is aggressively executing a carefully designed exploration
    drilling program at the Selebi Mines while concurrently finalizing metallurgical work to identify the optimal mineral processing
    method to consider in a future economic study. In addition, the Company is advancing the Selkirk Mine through ongoing work programs
    focused on resource expansion and metallurgical flowsheet development. For more information relating to the activities, see “Exploration
    and Evaluation Activities and Mineral Properties” below.

    ●
    On June 3, 2025, shareholders
    approved the Company’s adoption of a new “rolling up to 10%” long-term omnibus incentive plan which replaces
    the Company’s existing stock option plan, restricted share unit plan, and deferred share unit plan.

    ● 
    On June 9, 2025, the Company
    announced that it changed its name from “Premium Resources Ltd.” to “NexMetals Mining Corp.” On June 11,
    2025, the Company’s Common Shares commenced trading on the TSXV under the new name and new stock ticker symbol, “NEXM”.

    ● 
    On June 16, 2025, the Company
    announced the appointment of Brett MacKay as Senior Vice President & Chief Financial Officer.

    ● 
    On June 20, 2025, the Company’s
    Common Shares were consolidated on the basis of twenty (20) pre-consolidated shares for every one (