Premium Announces Name Change to NexMetals Mining Corp. and Changes Trading Symbol to NEXM
Premium Announces Name Change to
NexMetals Mining Corp. and Changes Trading
Symbol to NEXM
Toronto, Ontario--(Newsfile Corp. - June 9, 2025) -
NexMetals Mining Corp. (TSXV: PREM) (OTC
Pink: PRMLF)
(the "
Company
") is pleased to announce that the Company has changed its name from
"Premium Resources Ltd." to "NexMetals Mining Corp." (the "
Name Change
"). The Name Change was
approved at the Annual General and Special Meeting of shareholders held on June 3, 2025.
Accordingly, it is anticipated that the Company's common shares will commence trading under the new
name and new stock ticker symbol "
NEXM
" at the start of trading on June 11, 2025, on the TSX Venture
Exchange. In connection with the Name Change, the following new CUSIP (65346E105) and ISIN
(CA65346E1051) numbers have been assigned to the common shares of the Company. No action is
required to be taken by shareholders with respect to the name change. Outstanding common share and
warrant certificates bearing the old name of the Company are still valid and are not affected by the name
and ticker symbol change.
Morgan Lekstrom,
CEO of the Company commented:
"This change fits with our new strategic
direction to become a leading critical metals company, actively contributing to the global supply chain of
copper, nickel, and cobalt. It highlights our path to reinvigorate and reestablish the company as a
diversified, multi-commodity player, while showcasing the expansion potential and scale of our
Botswana assets. In doing so, we aim to position Botswana as a premier source to the critical metals
supply chain."
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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. Our skilled team has worked on over 100 projects collectively,
accumulating over 400 years of resource discoveries, mine development and mine re-engineering
experience on projects like the Company's Selebi and Selkirk mines. NexMetals' senior team members
have on average more than 20 years of experience in every single aspect of mine discovery and
development, from geology to operations.
For further information about NexMetals Mining Corp., please contact:
Morgan Lekstrom
CEO and Director
Jaclyn Ruptash
V.P., Communications and Investor Relations
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.
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 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. For the purposes of this release, forward-
looking information includes, but is not limited to, the anticipated trading of the Company's common
shares under the new name and stock symbol, and the Company's plans to develop the Selebi and
Selkirk assets. 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: the possibility that the Company's common shares will not
commence trading on the timing anticipated; delays in obtaining or failures to obtain required
governmental or stock exchange approvals, including the final approval of the TSX Venture
Exchange; 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 public disclosure record on SEDAR+ (
www.sedarplus.ca
)
under the Company'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.
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