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NEXM.V ·

NexMetals Announces Listing of Warrants

Listings & Exchange

NexMetals Announces Listing of Warrants

Vancouver, British Columbia--(Newsfile Corp. - December 18, 2025) -

NexMetals Mining Corp.

(TSXV: NEXM) (NASDAQ: NEXM)

("

NEXM

" or the

Company

") announces that that it has received

approval of the TSX Venture Exchange for the supplemental listing of 14,035,100 common share

purchase warrants of the Company (the "

Warrants

") issued on November 17, 2025 pursuant to the

Company's recently completed $80 million public offering of units. The Company anticipates that the

Warrants will commence trading on the TSXV on December 22, 2025, under the symbol NEXM.WT.

Each Warrant entitles the holder thereof to acquire one common share of the Company at an exercise

price of $8.00 per share on or prior to November 17, 2027. The ISIN and CUSIP numbers of the

Warrants are CA65346E1135 and 65346E113, respectively. The Warrants are governed pursuant to

the terms of a warrant indenture dated November 17, 2025, between the Company and Computershare

Trust Company of Canada as warrant agent (the "

Warrant Indenture

"). A copy of the Warrant Indenture

is available under the Company's profile on

www.sedarplus.ca

.

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]

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. 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/278437