Nov. 4 at 8:58 PM
$NEXM NexMetals Mining (TSXV: NEXM | NASDAQ: NEXM) has announced a second upsizing of its public offering — now targeting C
$80 million, up from the previously planned C
$65 million, following significant demand from institutional investors.
The offering is being led by SCP Resource Finance LP and Raymond James Ltd, with proceeds directed toward:
• Prepayment of the first milestone for the Selebi and Selkirk mines in Botswana
• Advancing exploration and development across NexMetals’ asset portfolio
• Working capital and general corporate purposes
Each unit will include one common share and one warrant exercisable at C
$8.00 for 24 months, with closing expected on or about November 13, 2025.
https://www.reddit.com/r/pennystocks/comments/1onqz78/nexmetals_upsizes_public_offering_to_80_million/