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

Management Changes

NexMetals Appoints Former Lundin Mining

Director Financial Reporting Brett MacKay as

New Chief Financial Officer

Toronto, Ontario--(Newsfile Corp. - June 16, 2025) -

NexMetals Mining Corp. (TSXV: NEXM) (OTC

Pink: PRMLF)

("

NEXM

" or the "

Company

") is pleased to announce that Brett MacKay has been

appointed Senior Vice President & Chief Financial Officer ("

CFO

"), succeeding Peter Rawlins, who has

stepped down from this role. The appointment of Brett MacKay as CFO will take effect immediately. Mr.

MacKay most recently served as Vice President, Finance of the Company.

Mr. MacKay brings 17 years of experience in the resource sector. He joined the Company in October

2024 after holding progressively senior financial roles in reporting and business planning at Lundin

Mining Corporation, where he supported the organization through a period of substantial growth,

including several strategic acquisitions. Prior to joining Lundin Mining in 2013, Mr. MacKay held roles at

EY serving mining sector clients in both assurance and tax practices.

Mr. MacKay holds a Bachelor of Commerce (Honours) degree with Distinction from McMaster University

and is a Chartered Professional Accountant (CPA, CA) in Ontario.

"I'm excited to take on this role at a pivotal time for the Company as we execute our phased strategy to

develop the Selebi and Selkirk assets. I am committed to strengthening our financial controls and

delivering on our carefully planned capital allocation strategy,"

stated Mr. MacKay.

Morgan Lekstrom, CEO of NEXM commented:

"On behalf of the Company and the Board of

Directors, I would like to welcome Mr. MacKay into the CFO role. His extensive experience and

demonstrated leadership in the resource sector will continue to be an asset to the Company as we

advance on our strategic objectives. I would also like to extend our sincere thanks to Peter Rawlins for

his valuable contributions and dedication to the Company."

About NexMetals Mining Corp.

NexMetals Mining Corp. is a mineral exploration and development company that is focused on the

redevelopment of the previously producing copper, nickel and cobalt resources mines owned by the

Company in the Republic of Botswana.

NexMetals is committed to governance through transparent accountability and open communication

within our team and our stakeholders. NexMetals' team brings extensive experience across the full

spectrum of mine discovery and development. Collectively, the team has contributed to dozens of

projects, including work on the Company's Selebi and Selkirk mines. Senior team members each have

on average, more than 20 years of experience spanning geology, engineering, operations, and project

development.

For further information about NexMetals Mining Corp., please contact:

Morgan Lekstrom

CEO and Director

[email protected]

Jaclyn Ruptash

V.P., Communications and Investor Relations

[email protected]

Cautionary Note Regarding Forward-Looking Statements:

This news release contains "forward-looking information" within the meaning of applicable Canadian

securities legislation based on expectations, estimates and projections as at the date of this news

release. Forward-looking information involves risks, uncertainties and other factors that could cause

actual events, results, performance, prospects and opportunities to differ materially from those

expressed or implied by such forward-looking information. Such forward-looking statements, by their

nature, require the Company to make certain assumptions and necessarily involve known and unknown

risks and uncertainties that could cause actual results to differ materially from those expressed or

implied in these forward-looking statements. Although the Company believes that the assumptions and

factors used in preparing the forward-looking information in this news release are reasonable, undue

reliance should not be placed on such information, which only applies as of the date of this news release,

and no assurance can be given that such events will occur in the disclosed time frames or at all. The

Company disclaims any intention or obligation to update or revise any forward-looking information,

whether as a result of new information, future events or otherwise, other than as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined

in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or

accuracy of this news release. No stock exchange, securities commission or other regulatory

authority has approved or disapproved the information contained herein.

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To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/255651