Peter Rawlins
On June 16, 2025, NexMetals Mining Corp. (the “Company”) announced the resignation of Peter Rawlins as Senior Vice President and Chief Financial Officer, effective immediately.
Highest-materiality recent filing
NexMetals hits 10.40m of 6.82% CuEq at Selebi Main, 320m beyond 2024 MRE
Intersected 10.40m grading 6.82% CuEq (3.09% Cu, 1.83% Ni), 320m down-dip of the 2024 resource boundary.
NexMetals reports improved metallurgical recoveries at Selkirk; Cu recovery up 16%, Ni grade up 60%
Copper concentrate recovery 81.3% at 30.2% Cu grade, up 16% from 70% in 2024 MRE.
NexMetals (NEXM) hits 10.5m massive sulphides at Selebi Main Flexure Zone
Drill hole SMD-26-209 intersected 10.50m of sulphide mineralization including two massive sulphide intervals of 3.05m and 5.95m.
NexMetals assays 180.8m of 1.31% CuEq at Selkirk; engages IR firm
DSLK211 returned 180.80m at 1.31% CuEq (0.52% Cu, 0.39% Ni) within conceptual pit shell.
NexMetals drills 11.05m of 7.31% CuEq at Selebi Main, 685m beyond current resource
SMD-25-205 intersected 11.05m at 7.31% CuEq (3.00% Cu, 2.09% Ni) including 5.75m at 8.73% CuEq.
NexMetals appoints former Kinross COO Warwick Morley-Jepson to board
Warwick Morley-Jepson appointed as independent director and Co-Chair of new Safety, Sustainability and Technical Committee, effective Jan 8, 2026.
NexMetals Mining CEO Morgan Lekstrom to step down Jan 31, 2026; Sean Whiteford named successor
Lekstrom will step down as CEO effective Jan 31, 2026, but remain on the board of directors.
NexMetals final 2025 Selkirk drill results: 231m of 1.09% CuEq, expansion potential
Hole SMET-25-009 returned 231m at 1.09% CuEq (0.39% Cu, 0.38% Ni, 0.64 ppm Pd) including 97m at 1.28% CuEq.
NexMetals completes US$25M milestone payment, secures title to Selebi and Selkirk assets
Completed US$25 million payment to BCL Liquidator for Selebi and Selkirk copper-nickel-cobalt-PGE assets.
NexMetals closes $80M CAD unit offering; Condire becomes 9.9% shareholder
Closed public offering of 14,035,100 units at C$5.70/unit for gross proceeds of C$80,000,070.
NexMetals upsizes public offering to C$80M from C$65M due to strong institutional demand
Offering increased to up to C$80M from C$65M (second upsizing); no over-allotment option.
NexMetals announces C$65M public offering of units upsized from C$50M on strong demand
C$65M gross proceeds from sale of up to 11,403,509 units at C$5.70 per unit.
NexMetals confirms clean, saleable copper and nickel-cobalt concentrates from Selebi Mines
Copper concentrate assays 27.8% Cu, 0.75 g/t Au; nickel concentrate assays 10.6% Ni, 0.55% Co.
NexMetals drills 219m of 1.03% CuEq at Selkirk; mineralization expands beyond current resource
SMET-25-005: 219.00m of 1.03% CuEq (0.39% Cu, 0.33% Ni, 0.61 ppm Pd, 0.14 ppm Pt) from 47m depth.
NexMetals intersects 32.6m of massive sulphide at Selebi North; assays pending
Drill hole SNUG-25-194 intersected 32.60 metres of continuous mineralization, including 19.90m of massive sulphide across five sub-intervals.
NexMetals drills 210m of 1.06% CuEq at Selkirk; mineralization beyond current resource
SMET-25-004: 210.0m of 1.06% CuEq (0.40% Cu, 0.36% Ni, 0.59 ppm Pd), incl. 74.0m of 1.28% CuEq.
NexMetals drills 201.3m of 0.91% CuEq at Selkirk, including 158.75m of 1.00% CuEq near surface
SMET-25-003: 201.30 m of 0.91% CuEq (0.33% Cu, 0.30% Ni, 0.55 ppm Pd, 0.13 ppm Pt), incl. 158.75 m at 1.00% CuEq.
Copper concentrate: 87% Cu recovery, 27.6% grade. Nickel concentrate: 55.9% Ni, 64.7% Co recovery, 10.5% Ni grade.
NexMetals drills 19.40m of 3.93% CuEq at Selebi North, confirms extension
Drill hole SNUG-25-189 intersected 19.40m of 3.93% CuEq (1.05% Cu, 1.40% Ni) in N2 Limb.
NexMetals drills 16.25m of 3.06% CuEq at Selebi North; expands South Limb plunge by 35%
Hole SNUG-25-186: 16.25 m of 3.06% CuEq (1.13% Cu, 0.94% Ni) including 5.28% CuEq over 6.45 m.
Bulk XRT sorting test at Selebi North achieved 15.2% mass reduction and 15.2% head grade increase for Cu-Ni-Co ore.
NexMetals begins trading on Nasdaq; receives $150M EXIM letter of interest
Common shares started trading on Nasdaq on July 16, 2025 under symbol NEXM; no longer quoted on OTC Pink Markets; continues on TSX Venture Exchange.
NexMetals high-grade re-assay: 5.59% CuEq over 3.95m; expands exploration at Selkirk
Re-assay of hole DSLK083: 3.95m of 5.59% CuEq, incl. 0.52m of 8.69% CuEq with elevated Rhodium.
NexMetals drills 13.5m of 3.68% CuEq at Selebi North, extends mineralization 315m down-plunge
SNUG-25-184 intersected 13.50m of 3.68% CuEq (1.13% Cu, 1.24% Ni) on South Limb, 183m down-plunge of 2024 MRE.
NexMetals consolidates shares 20:1 for Nasdaq listing; adds second drill at Selkirk deposit
Share consolidation 20:1 effective June 20, 2025; shares reduced from ~428.99M to ~21.45M to meet Nasdaq $4 bid price requirement.
Shareholders approved name change to Nexus Critical Metals and Mining Corp. and share consolidation up to 20:1.
Premium Resources drilling extends Selebi North mineralization 315m below current resource area
SNUG-25-186 intercepted South Limb mineralization over 16.2m, 132m down-plunge of prior hole SNUG-25-184.
On June 16, 2025, NexMetals Mining Corp. (the “Company”) announced the resignation of Peter Rawlins as Senior Vice President and Chief Financial Officer, effective immediately.
Effective the same day, the Company appointed Brett MacKay as Senior Vice President and Chief Financial Officer.
Max materiality 0.85 · Median 0.60 · Most common event other_material