NEXM

***Sponsored by LFG Equities Corp & Disseminated on behalf of Nexmetals Mining Corp

NexMetals Mining Corp.

NexMetals Begins Trading on the Nasdaq Under the Symbol NEXM and continues on the TSXV 

‍Donald Trump announced a 50% tariff on copper imports, stunning the market and sending prices surging past $5.60 per pound

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Hello Everyone,

Today’s profile exploded past 8 bucks and still looks strong after it just made a massive move. 

An urgent situation just came across my desk hours ago. This is another company that just uplisted and has actually been moving north. Sometimes when we see companies like this move up, they lose a significant portion of their value immediately. This one has bucked the trend, making it a great time to research it.

Why this one? There are several reasons but let’s dive in:

On July 8th, Donald Trump announced a 50% tariff on copper imports,¹stunning the market and sending prices surging past $5.60 per pound

image1 4 Trump Just Lit the Fuse on a Copper Crisis and This Junior Developer Could Be One of the Biggest Beneficiaries

It’s one of the boldest trade moves of his presidency and a game-changer for the global copper supply chain.

The message is clear: the US wants to reduce reliance on foreign copper.

It’s not just a commodity anymore. It’s a strategic asset.

And that means one thing…

The market is shifting toward copper developers tied to domestic and allied supply chains.

Global demand for copper is exploding, driven by EVs, AI infrastructure, defense, and energy transition megaprojects.²

But supply is bottlenecked. Major discoveries have collapsed by over 80% since 2010.³

40% of current output comes from politically unstable jurisdictions.⁴ And it takes over 15 years, on average, to build a new mine from scratch.⁵

Source: bhp.com⁶

Now layer in tariffs and suddenly, companies with clean corporate structures, strong copper assets, and projects in stable, mining-friendly regions look like some of the most strategic opportunities in the sector.

That’s where NEXM comes in.

This newly restructured copper-nickel explorer holds two past-producing mines in Botswana—one of the most politically stable jurisdictions on the planet, often called “the Switzerland of Africa.”⁷

In June 2025, the company completed a 20-for-1 share consolidation, bringing its total share count to just ~21.45 million — a critical move to support an the recent Nasdaq uplisting, which could provide the company exposure to significantly larger pools of US capital.

NexMetals isn’t just sitting on potential, they already control a newly confirmed 24.7 Mt (Inferred) and 3 Mt (Indicated)⁸ averaging 2.92-3.40% copper equivalent of defined high-grade copper-nickel-cobalt sulphide resources at Selebi⁹ — with high-grade zones identified and aggressive expansion drilling now underway.

NexMetals Mining Corp. NEXM also holds the past-producing Selkirk Mine, where a newly published NI 43-101 resource outlines an additional 44.2 Mt (Inferred) of copper-nickel-palladium-platinum sulphide mineralization averaging 0.81% copper equivalent  — providing a second major growth platform and even more exposure to critical metals.

Even better, they’ve secured a CA$67 million recapitalization¹⁰ — led by Frank Giustra’s Fiore Group, a group with deep mining sector success and EdgePoint Investment Group, one of Canada’s top institutional investors.

And with critical minerals now designated a national security priority by the US, Europe, and Canada, companies like NexMetals— potentially offering new, scalable copper-nickel supply in a stable jurisdiction — are moving to the front of the line.

The project already benefits from infrastructure, permitting, and potential expansion  catalysts.

Reviving Two Past-Producing Mines At The Center Of The Critical Minerals Boom

NEXM is a revitalized copper-nickel explorer that’s about to put Botswana’s Selebi and Selkirk mines back on the global map.

Rooted in a Tier One mining jurisdiction, NexMetals controls two past-producing, permitted mines — the Selebi Complex and the Selkirk Mine — once owned and operated by BCL Limited.

Their current resource?

Over 24.7 Mt (Inferred) and 3 Mt (Indicated) of defined high-grade copper-nickel-cobalt sulphide resources — averaging 2.92-3.40% copper equivalent at Selebi¹²— and a further 44.2 million tonnes (Inferred) of copper-nickel-palladium-platinum mineralization averaging 0.81% copper equivalent  at Selkirk.

But here’s what makes NEXM different…

The Selebi North underground is already re-opened, the exploration drifts are advancing, an aggressive drill program is underway and fully funded by a CA$67 million recapitalization backed by Frank Giustra’s Fiore Group and EdgePoint Investment Group.

Frank Giustra Trump Just Lit the Fuse on a Copper Crisis and This Junior Developer Could Be One of the Biggest Beneficiaries

Frank Giustra is not just a financier; he’s a serial mining entrepreneur with a track record that speaks for itself. 

He is notable for helping build Goldcorp,¹³ one of Canada’s most iconic gold producers, and Wheaton Precious Metals,¹⁴ a trailblazer in the streaming model that revolutionized mining finance and has structured and financed multiple world-class mining ventures, resulting in billions in market cap growth. 

He also founded Lionsgate Entertainment, a global film powerhouse — underscoring his rare ability to build billion-dollar companies across sectors.

Giustra’s network — including connections with global financiers, institutional investors, and industry insiders — opens doors to new fundingstrategic partnerships, and long-term growth.

Having Giustra as a strategic advisor is a signal to the market: NEXM is on the radar of top-tier institutional investors, and this project is built to scale. 

He’s not just investing in NexMetals; he’s providing the strategic guidance needed to unlock the full potential of Selebi and Selkirk, with the intention of turning both into world-class assets in one of the most stable mining jurisdictions in Africa.

And to support that vision, NexMetals has expanded its leadership bench with two key appointments.

In June 2025, NexMetals welcomed former Lundin Mining finance leader Brett MacKay as CFO to support the company’s capital strategy and markets, while Lindsey Le Ho was appointed Corporate Secretary to bolster governance as the company transitions to a more globally visible platform.

These additions reflect NexMetals’ evolution from a recapitalized junior into a fully integrated, growth-stage company — one equipped not just with projects and capital, but with the team to execute at scale.

Meanwhile, at Selkirk, surface drilling and metallurgical optimization studies are setting the stage for another leg of growth — giving NexMetals not just one, but two catalysts for value creation.

And they’re moving fast.

NexMetals is targeting near-term resource expansionsfuture production, and strategic optionality in a supply-constrained market desperate for new copper-nickel supply.

NEXM controls two permitted past-producing copper-nickel sulphide mines — Selebi and Selkirk — right in the heart of Botswana’s critical minerals corridor.

Screen Shot 2025 07 04 at 1.13.10 PM Trump Just Lit the Fuse on a Copper Crisis and This Junior Developer Could Be One of the Biggest Beneficiaries

As of December 31, 2022, the Zone 5 deposit at Khoemacau Copper Mining had a total mineral resource of approximately 92.9 million tonnes grading 2.0% copper and 21.3 grams per tonne silver.¹⁷  

NEXM has already outlined over 24.7 Mt (Inferred) and 3 Mt (Indicated) of high-grade resources at Selebi,¹⁸ with aggressive expansion drilling underway to uncover new conductive targets even deeper and further along strike.

The company just completed a transformative $67 million recapitalization, erasing legacy debt and funding a full pivot to resource growth.¹⁹

Like Khoemacau before its breakout, NEXM is advancing ahead of the capital stampede now targeting critical minerals supply — not trailing behind it.

The difference?

Today, the world needs copper even more urgently than when Khoemacau started.

With a high-grade copper-nickel-cobalt resource and a refreshed balance sheet, NexMetals is shaping up to be one of the most strategic redevelopment stories in southern Africa.

Botswana has already proven it can deliver billion-dollar mining success stories.

MAJOR CATALYSTS TO RESEARCH

Copper is entering a full-blown supply crisis: The world is expected to need three times more copper by 2035, but major discoveries have collapsed by over 80% since 2010.²⁰ Prices are already pushing toward all-time highs — and the squeeze is just beginning.

Two past-producing, high-grade critical minerals mines: With a combined tonnage of 68.9 Mt (Inferred) and 3Mt (Indicated) between Selebi and Selkirk — and brownfield infrastructure and key permitting in place — NexMetals has a serious head start most juniors can only dream of.

High-grade expansion drilling is already underway: NEXM is aggressively targeting new conductive plates beyond the known deposits — including the untested hinge zone potentially connecting Selebi North and Main.

Fully recapitalized with strategic backing: Frank Giustra’s Fiore Management and EdgePoint Investment Group have repositioned NexMetals with minimal debt and the capital needed to drive near-term growth.

Located in one of the safest, mining-friendly jurisdictions on Earth: Botswana’s political stability, mining laws, and critical minerals focus make it the ideal jurisdiction — especially as political risk rises in Chile, Peru, and the DRC.

Early-mover advantage before a potential Nasdaq uplisting: Management has laid out a path toward a US uplisting — a move that could unlock a much broader investor base in 2025.²¹

Multiple catalysts in motion: Drill results, potential resource updates, metallurgical optimization and underground development progress all stack up to near-term news flow.

Key players are paying attention: NEXM not only offers similar jurisdictional advantages, brownfield upside, and expansion potential — but at an early valuation stage.

NEWS

Jul 16, 2025

NexMetals Begins Trading on the Nasdaq Under the Symbol NEXM

Jul 9, 2025

NexMetals Accelerates Exploration Targeting High-Grade Mineralization Outside of Selkirk MRE Including 5.59% CuEq over 3.95 Metres Verified by Previous Reassay Program

Jun 30, 2025

NexMetals Drills 13.50 Metres of 3.68% CuEq Expanding Mineralization Significantly Below Selebi North Resource Footprint

Jun 24, 2025

NexMetals Accelerates Drilling at Selkirk Deposit by Adding Another Drill for Resource Expansion

Jun 18, 2025

NexMetals Hosts Investor Town Hall with Senior Leadership

Jun 18, 2025

NexMetals Announces Effective Date of Share Consolidation

Jun 16, 2025

NexMetals Appoints Former Lundin Mining Director Financial Reporting Brett MacKay as New Chief Financial Officer

Jun 11, 2025

NexMetals Commences Trading Under New Symbol “NEXM”

Jun 9, 2025

Premium Announces Name Change to NexMetals Mining Corp. and Changes Trading Symbol to NEXM

Jun 4, 2025

Premium Announces Results of Annual General and Special Shareholders’ Meeting

Jun 3, 2025

Premium Commences “Hinge” Drilling Targeting Large BHEM Plates in the 2km Area Between Selebi Deposits

May 27, 2025

Premium Drilling Extends Mineralization 315 Metres Below Resource Area Demonstrating Scaled Expansion at the Selebi Project

May 15, 2025

Premium Commences Resource Expansion Through Drilling and Comprehensive Metallurgy Optimization at Selkirk

May 8, 2025

Premium to Be Featured on Radius Research Webinar – Monday, May 12 – Register Now to Hear Directly from CEO Morgan Lekstrom

May 6, 2025

Premium Announces Intention to List on the NASDAQ and Provides Details for Upcoming Annual General & Special Meeting

May 1, 2025

Premium Drills Significant Mineralized Step-Out at Selebi North

Apr 24, 2025

Premium Appoints Mining Finance Executive and Former Gatos Silver CFO Andre van Niekerk to the Board

Apr 17, 2025

Premium Resources Infill Drilling at Selebi Delivers Grades Significantly Higher than Mineral Resource Estimate 27.55 Metres of 4.97% CuEq

Apr 10, 2025

Premium Resources High Impact Six Month Strategy Including Deep Drilling at Selebi

Mar 25, 2025

Premium Appoints Former Blackrock Senior Executive Chris Leavy to Board of Directors

Mar 18, 2025

Premium Resources Announces Closing of $46 Million Non-Brokered Equity Financing, Equity Conversion of $20.8 Million of Debt and New Strategic Advisors

Feb 20, 2025

Premium Resources Closes Book and Upsizes Non-Brokered Private Placement to C$44MM Due to Strong Demand

Feb 18, 2025

Premium Resources Announces New Strategic Investor Group, Non-Brokered Equity Financing of Up to C$36MM, Equity Settlement of C$20.8MM of Debt, and Leadership Change

Jan 27, 2025

Premium Resources Drills 14.20m of 5.14% CuEq or 2.49% NiEq Outside of Selebi North MRE and Provides Drilling Program Update

Jan 10, 2025

Premium Resources Files NI 43-101 Technical Report: Initial Mineral Resource Estimate of 44.2 MT for the Selkirk Mine in Botswana

Jan 10, 2025

Premium Resources Announces Quarterly Director DSU Grants

Management

Morgan Lekstrom

Chief Executive Officer & Director

Morgan Lekstrom

Mr. Lekstrom has over 17 years of experience in the mining industry, with a diverse background in executive and project management, operations, and engineering. He has an established track record of delivering successes, including most recently, the successful building of NexGold Mining Corp, creating a near term development company with a clear path to building two new Canadian gold mines. This was accomplished through deleveraging and restructuring debt, setting a new strategic direction for the company through multiple back-to-back mergers / acquisitions of Blackwolf Copper and Gold Ltd. and Treasury Metals Inc., and then Signal Gold Inc. in 2024.

He has also held senior technical roles with experience at Freeport McMoran’s Grasberg site in Indonesia and Rio Tinto’s Oyu Tolgoi Project in Mongolia. He has direct African experience through his role with Golden Star Resources in supporting the redevelopment of an underground mine in Ghana, West Africa. Morgan has also served as engineering manager at Sabina Gold & Silver Corp., where he was responsible for the first phases of execution at the Back River Marine Laydown Project.

Sean Whiteford

President

Sean Whiteford

Mr. Sean Whiteford is an accomplished geologist and mining executive with over 30 years of multi commodity experience within the global resource sector. He has extensive knowledge of mineral exploration, resource definition, mining, strategy, technology and project studies having held various corporate, operational and technical roles at BHP, Rio Tinto and Cliffs Natural Resource. Mr. Whiteford also has a strong business development background and has completed the Advanced Management Program from Columbia Business School. Most recently he was Vice President, Business Development at Burgundy Diamond Mines Ltd (ASX:BDM) and a Director of Premium Resources Ltd. He is a Member of the AUSIMM, PDAC, and SEG.

Brett MacKay

Senior Vice President & Chief Financial Officer

Brett MacKay

Brett MacKay is a seasoned finance executive with over 17 years of experience in the mining industry, most recently serving as the Company’s Vice President of Finance. Prior to joining the Company in October 2024, Brett held the role of Director of Financial Reporting at Lundin Mining Corporation. Throughout his 11 year tenure at Lundin, Brett led critical aspects of internal and external financial reporting, regulatory compliance, financial planning and analysis, treasury and cash management, systems strategy and implementation, and capital projects oversight, while managing global audits and supporting due diligence for international acquisitions. His leadership extended across operations in Brazil, Chile, and Argentina, where he played a pivotal role in integrating newly acquired assets into the broader corporate structure.

Brett is known for his strong technical accounting expertise and managing complex corporate structures across multiple jurisdictions. He has built and managed high-performing finance teams and worked directly with executive leadership to drive forecasting, budgeting, treasury operations, strategic financial planning, and robust project controls. His ability to translate complex financial data into meaningful insights has made him a trusted advisor in the mining sector. His proven track record in supporting growth-stage mining companies makes him a valuable addition to NexMetals as it advances toward development and long-term value creation.

Jaclyn Ruptash

Vice President Communications & Investor Relations

Jaclyn Ruptash

Jaclyn Ruptash has 20 years of domestic and international experience in the resources sector with an accomplished background in communications, corporate governance, legal and regulatory compliance, and financing.  Prior to joining NexMetals Mining Corp., Jaclyn held senior positions with several mining companies including with NexMetals Mining founding shareholder, formerly North American Nickel. She has been involved in all aspects of the operations with a variety of public and privately owned companies with direct responsibility for all continuous disclosure requirements, board and committee matters, corporate transactions, shareholder communications and corporate records. She has extensive experience in public and media relations, operations, and stakeholder communications.

Sharon Taylor, P. Geo.

Vice President Exploration

Sharon Taylor, P. Geo.

Ms. Sharon Taylor holds a B. Sc. from Mount Allison University and an M. Sc. from Queen’s University. She has over 35 years of experience in mineral exploration, including thirteen years with Falconbridge, Noranda, and Xstrata. She has experience in both volcanogenic massive sulfide and nickel exploration in major mining camps including Kidd Creek, Bathurst, Raglan, Sudbury and Kabanga. Her international exploration experience includes nickel projects in Tanzania and Greenland. Ms. Taylor’s area of expertise is the application and interpretation of EM data and integrating results from airborne, ground and downhole EM methods. 

Gerry Katchen, P. Geo

Exploration Manager

Gerry Katchen, P. Geo

Mr. Katchen has over 23 years of experience in mineral exploration and mining in North America Greenland, Finland, Tanzania and Botswana. Gerry obtained his B.Sc from Brandon University in 1998, and has since specialized in  the global exploration for Nickel, Copper and Platinum Group Metals hosted within intrusive Mafic/Ultramafic sulphide systems. 

Gerry’s former experience with North American Palladium, Placer Dome, Continental Nickel and as Exploration Manager for NEXM has provided a solid foundation in the systematic approach and application of shallow and deep exploration technologies and methods. His career highlights include the discovery of the Ntaka Hill Nickel-Copper Deposit in Tanzania for Continental Nickel and the PQ_Deeps discovery in Ontario, Canada for Placer Dome.

‍SINCERELY,

DISCLAIMER

[1] https://ici.radio-canada.ca/rci/en/news/2178155/trump-says-he-will-impose-50-tariff-on-copper [2] https://cdn.ihsmarkit.com/www/pdf/0722/The-Future-of-Copper_Full-Report_14July2022.pdf [3] https://aheadoftheherd.com/exposing-the-copper-surplus-myth-richard-mills/ [4] https://discoveryalert.com.au/news/copper-geopolitical-significance-2025/ [5] https://www.spglobal.com/market-intelligence/en/news-insights/research/from-6years-to-18years-the-increasing-trend-of-mine-lead-times [6] https://www.bhp.com/news/bhp-insights/2024/12/visualised-major-copper-discoveries-since-1900 [7] https://activeafrica.travel/destination/botswana/ [8] https://premiumresources.com/investors/news-releases/premium-nickel-files-ni-43-101-technical-report-i-9517/ [9] https://premiumresources.com/projects/botswana/selebi-mine/overview/ [10] https://premiumresources.com/investors/news-releases/premium-resources-announces-new-strategic-investor-9944/ [11] https://simplywall.st/stocks/us/materials/otc-prml.f/premium-resources/ownership [12] https://www.newsfilecorp.com/release/250953/Premium-Announces-Intention-to-List-on-the-NASDAQ-and-Provides-Details-for-Upcoming-Annual-General-Special-Meeting [13] https://premiumresources.com/projects/botswana/selebi-mine/overview/ [14] https://mininghalloffame.ca/frank-giustra-b-1957/ [15] https://mininghalloffame.ca/frank-giustra-b-1957/ [16] https://www.mining.com/web/mmg-to-invest-700-million-to-double-copper-output-at-botswana-mine [17] https://www.mccarthy.ca/en/work/cases/mmg-limited-completes-share-purchase-agreement-acquire-cuprous-capital-us188b [18] https://www.costmine.com/wp-content/uploads/2023/11/Khoemacau-2021-Maiden-Copper-Resource-Report-07-27-A.pdf [19] https://premiumresources.com/projects/botswana/selebi-mine/overview/ [20] https://www.tradingview.com/news/reuters.com,2025-04-22:newsml_TnwzR5XX:0-premium-resources-confirms-high-grade-copper-nickel-zone-in-botswana-begins-resource-expansion/ [21] https://aheadoftheherd.com/exposing-the-copper-surplus-myth-richard-mills/ [22] https://www.newsfilecorp.com/release/250953/Premium-Announces-Intention-to-List-on-the-NASDAQ-and-Provides-Details-for-Upcoming-Annual-General-Special-Meeting [23] https://premiumresources.com/investors/news-releases/premium-nickel-files-ni-43-101-technical-report-i-9517/ The MRE described in this news release has been reviewed and approved by Valerie Wilson, M.Sc., P.Geo. (Ontario) and a Principal Resource Geologist at SLR Consulting Ltd., who is independent of PNRL and a “qualified person” for purposes of NI 43-101. [24] https://www.costmine.com/wp-content/uploads/2023/11/Technical-Report-for-Selebi-Mines.pdf [25] https://paradigmcap.documents.streetcontxt.com/attachment/attachment%2FMTIwODY2ZTIxMmMyYmYwY2E1OWU3YzJjOTliN2NhOTg%3D.pdf?filename=UE5STCAtIFByZW1pdW0gTmlja2VsIC0gQm90c3dhbmEgLSBSZWp1dmVuYXRpbmcgSXRzIE5pY2tlbCBJbmR1c3RyeS5wZGY%3D [26] https://premiumresources.com/investors/news-releases/premium-nickel-files-ni-43-101-technical-report-i-9517/ [27] https://www.gurufocus.com/news/2786346/premium-resources-infill-drilling-at-selebi-delivers-grades-significantly-higher-than-mineral-resource-estimate-2755-metres-of-497-cueq-prmlf-stock-news [28] https://premiumresources.com/investors/news-releases/premium-resources-infill-drilling-at-selebi-delive-10052/ [29] https://www.juniorminingnetwork.com/junior-miner-news/press-releases/886-tsx-venture/prem/179314-premium-drills-significant-mineralized-step-out-at-selebi-north.html [30] https://nexmetalsmining.com/investors/news-releases/nexmetals-drills-13-50-metres-of-3-68-cueq-expand-10212/ [31] https://premiumresources.com/investors/news-releases/premium-nickel-files-ni-43-101-technical-report-i-9517/ The MRE described in this news release has been reviewed and approved by Valerie Wilson, M.Sc., P.Geo. (Ontario) and a Principal Resource Geologist at SLR Consulting Ltd., who is independent of PNRL and a “qualified person” for purposes of NI 43-101. [32] https://web.archive.org/web/20130705235906/http://www.nornik.ru/en/our_products/MineralReservesResourcesStatement/ [33] https://web.archive.org/web/20130705235906/http://www.nornik.ru/en/our_products/MineralReservesResourcesStatement/ NOTE: a qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves, and the Company is not treating the historical estimate as current mineral resources or mineral reserves. [34] https://premiumresources.com/site/assets/files/5686/selkirk_ni_43-101_mre_technical_report_nov_1_2024.pdf [35] https://premiumresources.com/site/assets/files/1/selkirk_ni_43-101_mre_technical_report_nov_1_2024.pdf [36] https://www.at-minerals.com/en/artikel/optimised-xrt-ore-sorting-solution-for-fine-particles-3951969.html [37] https://www.min-eng.com/physicalseparation24/drafts/session3/andrade.pdf [38] https://www.newsfilecorp.com/release/250953/Premium-Announces-Intention-to-List-on-the-NASDAQ-and-Provides-Details-for-Upcoming-Annual-General-Special-Meeting

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