NexMetals Upsizes Public Offering to $80 Million, Increases Share and Warrant Allocation

NexMetals has increased the size of its public offering from $65 million to $80 million due to strong demand from institutional investors. The offering will consist of up to 14,035,100 units, with each unit consisting of one common share and one common share purchase warrant. The net proceeds will fund prepayment of a milestone payment under the Asset Purchase Agreement, advance exploration and development activities, and cover working capital and general corporate purposes. The offering is expected to close on November 13, 2025.