Mr. Morgan Lekstrom reports

NEXMETALS APPOINTS FORMER LUNDIN MINING DIRECTOR FINANCIAL REPORTING BRETT MACKAY AS NEW CHIEF FINANCIAL OFFICER

Nexmetals Mining Corp. has appointed Brett MacKay as senior vice-president and chief financial officer, succeeding Peter Rawlins, who has stepped down from this role. The appointment of Mr. MacKay as CFO will take effect immediately. Mr. MacKay most recently served as vice-president, finance, of the company.

Mr. MacKay brings 17 years of experience in the resource sector. He joined the company in October, 2024, after holding progressively senior financial roles in reporting and business planning at Lundin Mining Corp., where he supported the organization through a period of substantial growth, including several strategic acquisitions. Prior to joining Lundin Mining in 2013, Mr. MacKay held roles at EY, serving mining-sector clients in both assurance and tax practices.

Mr. MacKay holds a bachelor of commerce degree (honours) with distinction from McMaster University and is a chartered professional accountant (CPA, CA) in Ontario.

"I'm excited to take on this role at a pivotal time for the company as we execute our phased strategy to develop the Selebi and Selkirk assets. I am committed to strengthening our financial controls and delivering on our carefully planned capital allocation strategy," stated Mr. MacKay.

Morgan Lekstrom, chief executive officer of Nexmetals, commented: "On behalf of the company and the board of directors, I would like to welcome Mr. MacKay into the CFO role. His extensive experience and demonstrated leadership in the resource sector will continue to be an asset to the company as we advance on our strategic objectives. I would also like to extend our sincere thanks to Peter Rawlins for his valuable contributions and dedication to the company."

About Nexmetals Mining Corp.

Nexmetals Mining is a mineral exploration and development company that is focused on the redevelopment of the previously producing copper, nickel and cobalt resource mines owned by the company in the Republic of Botswana.

Nexmetals is committed to governance through transparent accountability and open communication within its team and the company's 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.

We seek Safe Harbor.