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NEXM.V ·

NexMetals Appoints Philipa Varris to Board of Directors

Management Changes

NexMetals Appoints Philipa Varris to Board of

Directors

Vancouver, British Columbia--(Newsfile Corp. - July 23, 2025) -

NexMetals Mining Corp. (TSXV:

NEXM) (NASDAQ: NEXM)

("

NEXM

" or the "

Company

") announces that Philipa Varris has been

appointed to the Company's Board of Directors (the "

Board

"). Her appointment follows the retirement of

Norman MacDonald, who has stepped down from the Board.

Ms. Varris brings more than 25 years of leadership experience in environment, health, safety, and

community management ("

ESG

") within the mining sector. Her work has spanned multiple jurisdictions,

including Africa, Australasia, and Latin America, and a broad range of mineral commodities. In

recognition of her contributions to responsible mining, she has received the Australian Centenary Medal

and was named one of Women in Mining's 100 Global Inspirational Women. Furthermore, she has led

teams that have been recognized with several industry honours, including the Prospectors & Developers

Association of Canada Award for Environmental and Social Responsibility, the Australian Minerals and

Energy Environment Foundation Award for Environmental Excellence, and the Mines and Money ESG

Producer of the Year Award, among others.

Ms. Varris holds a Master of Science in Natural Resources from Curtin University, is an AusIMM

Chartered Environmental Professional and UK Committee member and is qualified with Corporate

Directors International. Ms. Varris has served as Head of Sustainability and Impact for Oryx Global

Partners Limited since 2024. She has previously held similar positions for Horizonte Minerals from 2022

to 2024, Golden Star Resources from 2011 to 2022 and others.

Ms. Varris is a non-executive director of

Mkango Resources Limited and was previously a non-executive director of EnviroGold Global Limited.

Ms. Varris will serve as an independent director and will be appointed Chair of NEXM's Sustainability

Committee.

Mr. MacDonald joined the Board in June 2024 with a view to progressing the strategic direction of the

Company, which culminated in the announcement on February 18, 2025, of the strategic financing with

the Fiore Group, the appointment of Morgan Lekstrom as the incoming Chief Executive Officer and the

equitization of the Cymbria Corporation debt, a subsidiary of EdgePoint Investment Group Inc. The

Company extends its appreciation to him for his contributions and service during his tenure.

With Mr. MacDonald's departure from the Board, and the appointment of Ms. Varris as a director, the

Board continues to consist of eight directors, but is now comprised of Paul Martin (Chair), Philipa Varris,

André van Niekerk, Chris Leavy, James Gowans, Jason LeBlanc, Mark Christensen and Morgan

Lekstrom. 

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]

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.

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

https://www.newsfilecorp.com/release/259746