8-K - NEXM - Equibles

UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

Washington,

D.C. 20549

FORM

8-K

CURRENT

REPORT

Pursuant

to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Dateof Report (Date of earliest event reported): July 9, 2025

NEXMETALS

MINING CORP.

(Exactname of registrant as specified in its charter)

Ontario,Canada

(Stateor other jurisdiction of incorporation)

000-14740	N/A
(Commission File Number)	(IRS Employer Identification No.)
Suite 3400, One First Canadian Place<br><br> <br>P.O. Box 130<br><br> <br>Toronto, Ontario, Canada	M5X 1A4
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(Address of principal executive offices)	(Zip Code)

(604)770-4334

(Registrant’stelephone number, including area code)

N/A

(Formername or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written<br> communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting<br> material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement<br> communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement<br> communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
N/A	N/A	N/A

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01	Regulation FD Disclosure.

On July 9, 2025, NexMetals Mining Corp. (the “Company”) issued a press release, which is attached as Exhibit 99.1 hereto.

CautionaryStatements to Investors on Reserves and Resources

The news release furnished herewith uses the terms “mineral resources”, “indicated mineral resources” and “inferred mineral resources” as such terms are defined under Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects (“NI 43-101”). NI 43-101 is a rule developed by the Canadian Securities Administrators, which establishes standards for all public disclosure a Canadian issuer makes of scientific and technical information concerning mineral projects.

On October 31, 2018, the SEC adopted new mining disclosure rules (“S-K 1300”) that are more closely aligned with current industry and global regulatory practices and standards, including NI 43-101, with which we comply because we are also a “reporting issuer” under Canadian securities laws. While S-K 1300 is more closely aligned with NI 43-101 than the prior mining disclosure rules of the Securities and Exchange Commission, there are some differences. Accordingly, there is no assurance any mineral resources that the Company may report as “indicated mineral resources” and “inferred mineral resources” under NI 43-101 will be the same as the reserve or resource estimates prepared under S-K 1300. Investors should not assume that any part or all of indicated mineral resources or inferred mineral resources will ever be converted into a higher category of mineral resources or into mineral reserves. Mineralization described using these terms has a greater amount of uncertainty as to their existence and feasibility than mineralization that has been characterized as reserves. Accordingly, investors are cautioned not to assume that any “indicated mineral resources”, or “inferred mineral resources” on the Company’s projects are or will be economically or legally mineable. Further, “inferred resources” have a greater amount of uncertainty as to their existence and as to whether they can be mined legally or economically. Therefore, investors are also cautioned not to assume that all or any part of the inferred resources exist. In accordance with Canadian rules, estimates of “inferred mineral resources” cannot form the basis of feasibility or other economic studies, except in limited circumstances where permitted under NI 43-101.

In accordance with General Instruction B.2 of Form 8-K, the information in Item 7.01 is being furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any of the Company’s filings or other documents filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01	Financial Statements and Exhibits.

(d)Exhibits

Exhibit No.	Description
99.1	Press Release dated July 9, 2025*
104	Cover<br> Page Interactive Data File (embedded within Inline XBRL document).

* Furnished herewith.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

NEXMETALS MINING CORP.<br><br> <br>(Registrant)
By:	/s/ Morgan Lekstrom
	Morgan<br> Lekstrom
	Chief<br> Executive Officer

Date: July 11, 2025

Exhibit 99.1

NEXMETALSACCELERATES EXPLORATION TARGETING HIGH-GRADE

MINERALIZATIONOUTSIDE OF SELKIRK MRE INCLUDING 5.59% CUEQ OVER

3.95METRES VERIFIED BY PREVIOUS REASSAY PROGRAM

Vancouver,British Columbia, July 09, 2025 – NexMetals Mining Corp. (TSXV: NEXM) (OTC Pink: PRMLD) (the “Company”) is encouraged by the progress of its current drilling program at its past-producing copper-nickel-cobalt-platinum group elements (“Cu-Ni-Co-PGE”) Selkirk Mine in Botswana and is expanding the exploration efforts to include a targeted electromagnetic (“EM”) program. With the metallurgical drilling program nearing completion with a total of 2,819 metres drilled in 10 holes, the Company is preparing to advance to the next phase of exploration. This next phase of exploration will focus on outlining high-grade mineralization through borehole electromagnetics (“BHEM”), the same technology used at the Selebi Mines, and drilling of untested historical Versatile Time-Domain Electromagnetic (“VTEM”) anomalies located immediately south of the Selkirk resource.

Highlights

●	A previous re-assay program of historical core confirms high-grade mineralization including 8.69% CuEq^1^ and elevated Rhodium outside of current mineral resource estimate (see Technical Report) (figure1).

◌	DSLK083: 3.95 metres of 1.1%Cu; 3.57% Ni; 0.07% Co; 1.27ppm Pt;1.72ppm Pd; 0.18ppm Rh (5.59% CuEq)
	Incl.<br> 1.93 metres of 0.33%Cu; 6.31%Ni; 0.11% Co; 0.36ppm Pt;1.27ppm Pd;0.32ppm Rh (7.48%CuEq)
	Incl.<br> 0.52 metres of 0.09%Cu, 7.77%Ni, 0.10% Co, 0.26ppm Pt, 1.21 ppm Pd, 0.35ppm Rh (8.69% CuEq)
●	BHEM surveys underway in metallurgical holes to outline the extent of the known high grade mineralized zones and explore a footwall<br> zone.
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●	Planned drill testing of VTEM conductors, targeting untested high-priority anomalies adjacent to Selkirk within the existing mining license<br> (figure 2).
●	Geophysical results and interpretation expected to highlight potential new priority targets.

Review and re-assaying of historical drill holes in proximity to the Selkirk deposit support the potential for underground mining scenarios and highlight the presence of discrete, high-grade sulphides in the footwall of the current mineral resource estimate.

MorganLekstrom, CEO of the Company, commented: “With our concurrent programs advancing at both Selebi and Selkirk we are very encouraged by what we are seeing in the work completed to date at both projects. Selkirk was a hidden gem in our portfolio and is now clearly demonstrating it has significant resource growth potential. In addition to our drilling at Selebi, focussed on the hinge area, we are now confirming that Selkirk has additional high-grade mineralization. By accelerating our exploration activity, we aim to highlight multiple new additional targets at Selkirk.”

^1^ CuEq% calculated using the formula Cu% + Ni%*(55.605/53.913)

Pd g/t*(22.948/53.913) + Pt g/t*(14.891/53.913) from NI 43-101 Technical Report (SLR, 2025).

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BHEMand VTEM Programs

Once the metallurgical drill program is complete, the Company plans to reassign one drill to initiate drilling of key VTEM conductors, previously defined by a historical 2012 heliborne geophysical survey with no indication of drill testing. These conductors are situated near known mineralization within the existing mining license and represent potential new satellite discoveries.

Figure1: Location of Historical Hole DSLK083 and Mineral Resource Estimate

Figure2: Location of VTEM Anomalies relative to the Selkirk Mineral Resource Estimate

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HistoricalEstimates

The historical mineral estimates which have been prepared in accordance with South African Mineral Resource Committee (SAMREC) and Australasian Joint Ore Reserves Committee (JORC) standards are not in compliance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) and NEXM is not treating the historical mineral estimates as current mineral resource estimates. While management believes that these historical mineral estimates could be indicative of the presence of mineralization on the Selkirk Mines property, the historical mineral estimate at Selkirk has been superseded by the current MRE prepared by SLR Consulting (Canada) Ltd. (“SLR”) and described in “NI 43-101 Technical Report Selkirk Nickel Project, North East District, Republic of Botswana”, and dated January 10, 2025 (with an effective date of June 30, 2024).

TechnicalReport

The MRE on the Selkirk Mine is supported by the Technical Reports entitled “NI 43-101 Technical Report Selkirk Nickel Project, North East District, Republic of Botswana”, dated January 8, 2025 (with an effective date of November 1, 2024 and “NI 43-101 Technical Report, Selkirk Nickel Project, Northeast District, Republic of Botswana” dated April 12, 2023 (with an effective date of March 31, 2023). Reference should be made to the full text of the Technical Reports for the assumptions, qualifications and limitations set forth therein, a copy of which is available on SEDAR+ (www.sedarplus.ca) under the Company’s issuer profile.

QualityControl

Historic drill core samples are NQ (47.6 mm diameter) that were previously sawn in half. All current samples are ¼ core cut by a diamond saw on site. The remaining ¼ core is retained for reference purposes. Samples are generally 0.30 metre or less and correspond to the historic sample intervals. Sample preparation and lab analysis was completed at ALS Chemex in Johannesburg, South Africa. Commercially prepared blank samples and certified Cu/Ni sulphide analytical control standards with a range of grades are inserted in every batch of 20 samples or a minimum of one set per sample batch. Analyses for Ni, Cu and Co are completed using a peroxide fusion preparation and ICP-AES finish (ME-ICP81).

QualifiedPerson

All scientific and technical information in this news release has been reviewed and approved by Sharon Taylor, VP Exploration of the Company, MSc, P.Geo, and a “qualified person” for the purposes of National Instrument 43-101.

AboutNexMetals 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.

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Forfurther information about NexMetals Mining Corp., please contact:

Morgan Lekstrom

CEO and Director

morganl@nexmetalsmining.com

Jaclyn Ruptash

V.P., Communications and Investor Relations

jaclyn@nexmetalsmining.com

Neitherthe TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authorityhas approved or disapproved the information contained herein.

FollowUs

X: https://x.com/NexMetalsCorp

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

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

CautionaryNote Regarding Forward-Looking Statements

Thisnews release contains “forward-looking information” within the meaning of applicable Canadian securities legislation basedon expectations, estimates and projections as at the date of this news release. Forward-looking information involves risks, uncertaintiesand other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressedor implied by such forward-looking information. For the purposes of this release, forward looking information includes, but is not limitedto, the implementation of the objectives, goals and future plans of the Company including the proposed advancement of the Selkirk Mineas currently contemplated; the completion of BHEM surveys to outline the extent of high grade mineralized zones and explore a footwallzone; drill testing VTEM conductors to target high-priority anomalies adjacent to the Selkirk Mine; the potential for underground miningscenarios; the Company’s goal of validating legacy data and generating new intercepts to support an updated resource model; theCompany’s intention of completing an updated MRE; high-grade zones beneath the known open pit potentially demonstrating that theSelkirk deposit is much larger then previously understood; the release of metallurgical testing results and the expected timing thereof;anticipated upgrades to existing mineral resource estimates on the Selkirk Mine in accordance with NI 43-101; management’s beliefthat historical resources could be indicative of the presence of mineralization on the deposits; and the anticipated benefits of theCompany’s approach to its resource development plan. These forward-looking statements, by their nature, require the Company tomake certain assumptions and necessarily involve known and unknown risks and uncertainties that could cause actual results to differmaterially from those expressed or implied in these forward-looking statements. Factors that could cause actual results to differ materiallyfrom 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; therisk that the Company will not be able to expand or enhance its current mineral resource estimates; the ability of the Company to implementits drilling, geoscience and metallurgical work on its properties and work plans generally; prefeasibility or the feasibility of mineproduction; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; uncertaintiesrelating to the availability and costs of financing needed in the future; changes in equity markets; inflation; fluctuations in commodityprices; delays in the development of projects; the other risks involved in the mineral exploration and development industry; and thoserisks set out in the Company’s public disclosure record on SEDAR+ (www.sedarplus.com) 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 releaseare reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, andno assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention orobligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, otherthan as required by law.

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