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NEXM.V ·

Nexmetals Announces Results of Annual General Meeting of Shareholders

Corporate Updates

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NEXMETALS ANNOUNCES RESULTS OF

ANNUAL GENERAL MEETING OF SHAREHOLDERS

Vancouver, British Columbia, May 27, 2026 – NexMetals Mining Corp. (TSXV: NEXM) (NASDAQ:

NEXM) (the "Company” or “NEXM”) is pleased to announce the results of its 2026 Annual General Meeting

of Shareholders (the “Meeting“) held earlier today. All proposed resolutions, set out in the Company’s notice

of meeting and management information circular dated April 23, 2026, were approved.

Shareholders elected Paul Martin (Chairman), Mark Christensen, Jason LeBlanc, Keith Marshall, Warwick

Morley-Jepson, André van Niekerk, Philipa Varris and Sean Whiteford to the board of directors, each to

hold office until the next annual meeting of shareholders or until their successors are duly elected or

appointed. Shareholders further approved the re-appointment of MNP LLP as the Company’s auditors for

the ensuing year and approved the Company’s Omnibus Equity Incentive Plan (the “Plan”).

Additional voting details will be provided in a Report of Voting Results to be filed by the Company on

SEDAR+.

Following the Meeting, an aggregate of 153,100 deferred share units (“DSUs”) were granted to directors of

the Company effective May 27, 2026 pursuant to the Plan. The DSUs have been granted at a deemed price

of $4.55 per DSU, representing the 90 -Day volume weighted average price of the Company’s shares on

the TSX Venture Exchange as of May 21, 202 6. Of the total DSUs granted, 41,000 DSUs were granted in

respect of director services provided from January 1, 2026 to May 27, 2026, with the remaining 112,100

DSUs granted in respect of director compensation for the 2026–2027 term commencing following the

Meeting.

About NexMetals Mining Corp.

NexMetals Mining Corp. is a TSX.V 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 mineral ization is larger than historical

estimates, supported by NI 43-101- and Regulation S-K 1300-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:

Sean Whiteford, CEO

[email protected]

1-866-794-NEXM (6396)

Follow Us

X: https://x.com/NexMetalsCorp

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

Facebook: https://www.facebook.com/NexMetalsMiningCorp

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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.