NexMetals consolidates shares 20:1 for Nasdaq listing; adds second drill at Selkirk deposit

NexMetals Mining Corp.

Share consolidation 20:1 effective June 20, 2025; shares reduced from ~428.99M to ~21.45M to meet Nasdaq $4 bid price requirement.
Second drill rig added at Selkirk to accelerate 12-hole program; ~2,050m drilled across 6 holes; assays expected mid-July.
Resampling of 34 historical holes (29 completed, 8,707m) to support updated geological model and metallurgical flowsheet development.
Metallurgical studies underway for potential XRT pre-concentration to inform updated MRE and future economic evaluations.

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