Item Regulation 7.01 FD Disclosure. On October 1, 2026, NexMetals Mining Corp. (the “Company”) issued a news release reporting an updated Mineral Resource Estimate for Selebi Main, one of the deposits at its past-producing Selebi copper-nickel-cobalt mine in Botswana. A copy of this press release is attached as Exhibit 99.1 hereto and is incorporated herein by reference.…
Filed Oct 1, 2026Accepted Oct 1, 2026, 5:00 PM EDTCIK 795800Accession 0001493152-26-045372
NexMetals Mining Corp. is a TSX. V and NASDAQ listed mineral exploration and development company focused on redeveloping the past-producing Selebi and Selkirk copper-nickel-cobalt-platinum group element mines in Botswana. NexMetals has confirmed the scale of mineralization is larger than historical estimates, supported by NI 43-101-compliant resource estimates, with ongoing down-hole geophysics, drilling, and metallurgical programs aimed at expanding resources and supporting future economic studies. The Company is led by an experienced management and technical team with a proven track record in global mineral projects, emphasizing disciplined execution, transparent governance, and long-term stakeholder value creation.
Select an item to read the extracted section. The as-filed document remains the primary evidence.
Item 7.01Item 7.01 - Regulation FD Disclosure
Item Regulation
7.01 FD Disclosure.
On
October 1, 2026, NexMetals Mining Corp. (the “Company”) issued a news release reporting an updated Mineral Resource Estimate
for Selebi Main, one of the deposits at its past-producing Selebi copper-nickel-cobalt mine in Botswana. A copy of this press release
is attached as Exhibit 99.1 hereto and is incorporated herein by reference. The Company undertakes no obligation to update, supplement
or amend the materials attached hereto as Exhibit 99.1.
Cautionary
Statements 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.
The
information in this Current Report on Form 8-K (including Exhibit 99.1 attached hereto) 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
be subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities
Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof and regardless of any general incorporation
language in such filing.
Filed exhibits (1)
EX-99.1 (by filename) ex99-1.htm
Exhibit
99.1
NexMetals
Reports 72% Increase in Selebi Main Mineral Resource of 32.47 Mt @ 1.53% Cu, 0.98% Ni Inferred, Selebi North Mineral Resource Estimate
Pending
Updated
Selebi Main mineral resource estimate establishes 495,400 contained tonnes of copper and 316,800 contained tonnes of nickel establishing
1.77 billion pounds of copper equivalent in the Inferred category
Selebi
North estimate remains in progress and is not included in today’s results
Vancouver,
British Columbia, October 1, 2026 - NexMetals Mining Corp. (TSXV: NEXM) (Nasdaq: NEXM) ( the “ Company” or “NexMetals ”) is pleased to announce an updated Mineral Resource Estimate for Selebi Main (the “ 2026 Selebi
Main MRE ”), one of the deposits at its past-producing Selebi copper-nickel-cobalt mine in Botswana. The estimate was completed
by The MSA Group (“ MSA ”) of Johannesburg, South Africa. The 2026 Selebi Main MRE increases total Mineral Resource
tonnage by approximately 72% compared with the Selebi Main portion of the Company’s 2024 Mineral Resource Estimate (the “ 2024
MRE” ). The updated Mineral Resource Estimate for Selebi North is progressing, with results expected to be reported separately
in the near t…