NexMetals Mining Corp.

Premium Resources Ltd. is pleased to announce the closing of the previously announced recapitalization of the Company , including a C$46 million equity private placement and the equity conversion of its C$20,882,353 term loan debt with support from Cymbria Corporation , the lender and an affiliate of the Company's largest shareholder, EdgePoint Investment Group Inc. . The Company received disinterested shareholder [...]

Premium Resources Ltd. announces that due to significant demand, it is increasing the size of its previously-announced non-brokered private placement of units of the Company at a price of $0.30 per Unit from C$36MM to up to C$44MM. Other than the upsize of the Offering, all other details of the non-brokered private placement remain as disclosed in the news release of the Company issued on February 18, 2025, and entitled [...]

Premium Resources Ltd. is pleased to announce a significant refinancing, including the introduction of a new strategic investor group led by a lead order from Frank Giustra, Andrew Bowering and Mathew August and the provision of Fiore management group services, and incoming new CEO, Morgan Lekstrom. The Company also announces the deleveraging of its balance sheet with the conversion of its term loan debt into equity with [...]

Premium Resources Ltd. announces significant assay results for two holes that were drilled outside of the Mineral Resource Estimate at its past-producing nickel-copper-cobalt sulphide Selebi North underground mine in Botswana. The Company has commenced an underground exploration drilling program at Selebi North to test the deeper borehole electromagnetic plates from N2 Limb and South Limb. The Company will continue to [...]

Premium Resources Ltd. is pleased to announce that the Company has filed an initial Mineral Resource Estimate titled "NI 43-101 Technical Report Selkirk Nickel Project, North East District, Republic of Botswana" and dated January 8, 2025 on its past-producing Nickel-Copper-Platinum Group Elements sulphide Selkirk deposit in Botswana . There are no material differences between the Technical Report and the information [...]

Premium Resources Ltd. announces that it has granted an aggregate of 317,500 deferred share units to its independent directors at an effective price of CDN$1.00 per DSU. The DSUs were granted in consideration for services rendered by the independent directors for the quarter ended December 31, 2024 pursuant to the Company's Deferred Share Unit Plan. About Premium Resources Ltd. PREM is a mineral exploration and [...]

Premium Resources Ltd. announces, further to the Company's news release dated October 17, 2024 , that it has entered into an amended and restated consulting agreement dated December 20, 2024 with Altitude Capital Partners Inc. which is effective as of October 1, 2024. The Consulting Agreement has a term of an initial term of six months. The Company has agreed to pay Altitude a reduced monthly fee of CAD$10,000. No stock [...]

Premium Resources Ltd. announces high-grade assay results for a further eight in-fill drilling holes, all drilled within the Mineral Resource Estimate at its past-producing nickel-copper-cobalt sulphide Selebi North underground mine in Botswana. Infill Drilling Assay Highlights for Resource Reclassification: SNUG-24-148: N3 Limb 14.95 metres of 3.47% CuEq or 1.68% NiEq SNUG-24-158: N3 Limb 13.70 metres of 5.35% CuEq or [...]

Premium Resources Ltd. announces that, effective December 4, 2024, it has granted to certain directors, officers, employees and/or consultants of the Company and/or its subsidiaries an aggregate of 300,000 stock options of the Company pursuant to the stock option plan of the Company. The Options have an exercise price of C$0.49 per share and a five-year term from the date of grant. 175,000 of the Options vest immediately [...]

Premium Resources Ltd. announces the retirement of Keith Morrison as Chief Executive Officer and a director of PREM, to take effect December 31, 2024. PREM has commenced a search process to recruit a new CEO. Sean Whiteford, President of Premium Resources International, will continue to oversee the Company's operational activities and Paul Martin, currently a director of PREM, will assume oversight of corporate [...]