Company: PRMLF
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022391
Chunk: 131

Company: NexMetals Mining Corp.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 8
Chunk 131
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 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 (1) post-consolidation share in
    connection with the Company’s listing on the Nasdaq which requires a minimum bid price of US$4.00 per share under its initial
    listing requirements.

    ●
    On July 16, 2025, the Company’s
    Common Shares began trading on the Nasdaq under the symbol “NEXM”.

    ●
    On July 17, 2025, the Company
    announced that it had received a non-binding letter of interest (“LI”) from the Export-Import Bank of the United
    States (“EXIM”). The LI indicates the potential for up to US $150 million in financing, with a maximum 15-year
    repayment tenor, to support the re-development of the Company’s Mines.

    ●
    On
    October 10, 2025, the Company announced that it had continued out of the provincial jurisdiction of Ontario into the jurisdiction
    of the Province of British Columbia under the Business Corporations Act (British Columbia).

    ●
    On
October 28, 2025, the Company announced a brokered “best efforts” public offering in Canada and concurrent private placement
in the United States. On October 30, 2025, the Company announced an upsizing of the Offering to 14,035,100 units of the Company at a
price of $5.70 per November 2025 Unit for aggregate gross proceeds of up to $80,000,070, with each unit consisting of one Common Share
and one common share purchase warrant. The net proceeds from the Offering are expected to be used to fund the prepayment of the first
contingent milestone payment under the Selebi APA and Selkirk APA, the timing of which is planned prior to the end of