Company: PRMLF
Filing Date: 2025-11-17
Form Type: 8-K
Source: 0001493152-25-023848
Chunk: 0

Company: NexMetals Mining Corp.
Filing Date: 2025-11-17
Form: 8-K
Item: Item 1.01
Chunk 0
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Item 1.01      Entry                                  

On
November 12, 2025, NexMetals Mining Corp. (the “ Company”) entered into an agency agreement (the “ Agency Agreement”)
with SCP Resource Finance LP (“ SCP”), as sole bookrunner, and Raymond James Ltd. (“ RJ” and together with SCP,
the “ Lead Agents”), as co-lead agents, on their own behalf and on behalf of a syndicate of agents, which included Cormark
Securities Inc. (together with the Lead Agents, the “ Agents”) for the issuance and sale of up to 14,035,100 units (the “ Units”)
at a price of C$5.70 per Unit in a “best efforts” public offering for gross proceeds of up to C$80,000,070 (the “ Offering”).
Each Unit consists of (i) one common share of the Company, no par value (a “ Unit Share”), and one common share purchase warrant
(a “ Warrant”). The Warrants were created and issued pursuant to, and are governed by, the warrant indenture (the “ Warrant
Indenture”) dated November 17, 2025, by and between the Company and Computershare Trust Company of Canada, as the warrant agent
(the “ Warrant Agent”). Each Warrant entitles the holder thereof to purchase one common share of the Company (a “ Warrant
Share”) at a price of C$8.00 per Warrant Share for a period of 24 months following November 17, 2025.

The
Agency Agreement contains customary representations, warranties and agreements by the Company, customary conditions to closing, indemnification
obligations of the Company, other obligations of the parties and termination provisions. The representations, warranties and covenants
contained in the Agency Agreement were made only for the purpose of such agreement and as of specific dates, were solely for the benefit
of the parties to the Agency Agreement and may be subject to limitations agreed upon by the contracting parties.

Pursuant
to the Agency Agreement, the Company agreed to pay the Agents a cash fee equal to 6.0% of the gross proceeds of the Offering, subject
to a reduced rate of 2.0% in respect of certain parties identified by the Company.

The
Units were sold by a short form prospectus with the securities commissions in each of the provinces of Canada (excluding Quebec). No
Units were sold in the United States.

The
Offer