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NEXM.V ·

NexMetals Welcomes Former Kinross Gold COO Warwick Morley-Jepson to the Board of Directors

Management Changes

NexMetals Welcomes Former Kinross Gold

COO Warwick Morley-Jepson to the Board of

Directors

Vancouver, British Columbia--(Newsfile Corp. - January 8, 2026) -

NexMetals Mining Corp. (TSXV:

NEXM) (NASDAQ: NEXM)

("

NEXM

" or the "

Company

") announces that Warwick Morley-Jepson has

been appointed to the board of directors ("

Board

") effective today. Mr. Morley-Jepson will also assume

the role of Co-Chair, alongside Philipa Varris, the current chair of the Sustainability Committee, of the

Board's newly formed Safety, Sustainability and Technical Committee.

Mr. Morley-Jepson has a distinguished mining career spanning more than 40 years in the precious and

base metal sectors. In his early career he held numerous senior operational and project development

roles, later progressing to executive positions within recognised global mining companies. His previous

experience includes a period of 7-years at Kinross Gold Corporation where he progressed from a mine

operations role as Regional Vice President to Executive Vice President and Chief Operating Officer

responsible for the company's operations and project development activities globally. He later went on to

serve as Executive Vice President and Chief Operating Officer for Ivanhoe Mines. From 2017 Warwick

has been appointed to the boards of numerous mining companies, most recently serving seven years at

Wesdome Gold Mines, where he held the position of Chairman of the board of directors as well as

Interim Chief Executive Officer.

On behalf of the Board, Paul Martin, Chairman of the Board, said:

"We are extremely pleased to

welcome Warwick to the Board. The addition of his significant experience in project development and

mine operations around the world is especially well-timed as the Company proceeds to optimize the

path forward for its Selebi and Selkirk assets. His leadership, as Co-Chair of the newly formed Safety,

Sustainability and Technical Committee, will be critical in guiding the Board and management through

the key project decisions in front of us".

About NexMetals Mining Corp.

NexMetals Mining Corp. is a TSXV and NASDAQ listed mineral exploration and development company

focused on redeveloping the past-producing Selebi and Selkirk copper-nickel-cobalt-platinum group

element mines in Botswana.

NexMetals has confirmed the scale of mineralization is larger than historical

estimates, supported by NI 43-101-compliant resource estimates, with ongoing down-hole geophysics,

drilling, and metallurgical programs aimed at expanding resources and supporting future economic

studies. The Company is led by an experienced management and technical team with a proven track

record in global mineral projects, emphasizing disciplined execution, transparent governance, and long-

term stakeholder value creation.

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

Paul Martin

Chair of the Board

[email protected]

Jaclyn Ruptash

V.P., Communications and Investor Relations

[email protected]

1-833-770-4334

Neither the TSX Venture Exchange and its Regulation Services Provider (as that term is defined

in the policies of the TSX Venture Exchange) nor the Nasdaq Stock Market LLC 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.

Follow Us

X:

https://x.com/NexMetalsCorp

LinkedIn:

https://www.linkedin.com/company/NexMetalsMiningCorp

Facebook:

https://www.facebook.com/NexMetalsMiningCorp

Cautionary Note Regarding Forward-Looking Statements

This news release contains "forward-looking statements" within the meaning of the United States

federal securities laws and "forward-looking information" within the meaning of applicable Canadian

securities legislation (collectively, "forward-looking information") 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.

For the purposes of this release, forward looking information includes, but is not limited to, the

implementation of the objectives, goals and future plans of the Company, including expanding

resources and redeveloping the Selebi and Selkirk projects and the intended preparation of initial

economic studies for the projects. These 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. Factors that could cause actual results to differ materially from such

forward-looking information include, but are not limited to, capital and operating costs varying

significantly from estimates; the preliminary nature of drilling and metallurgical test results; the ability

of exploration results to predict mineralization; the ability of the Company to implement its drilling,

geoscience and metallurgical work on its properties and work plans generally; prefeasibility or the

feasibility of mine production; delays in obtaining or failures to obtain required governmental,

environmental or other project approvals; uncertainties relating to the availability and costs of

financing needed in the future; changes in equity markets; inflation; fluctuations in commodity prices;

delays in the development of projects; the other risks involved in the mineral exploration and

development industry; and those risks set out in the Company's filings with the U.S. Securities and

Exchange Commission on EDGAR (

www.sec.gov

) and public disclosure record on SEDAR+

(

www.sedarplus.ca

), in each case, under NEXM's issuer profile. 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.

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

https://www.newsfilecorp.com/release/279866