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NexMetals Mining Corp.

For the period ended Jun 30, 2026. Filed Aug 17, 2026.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 17, 2026

NEXM$1.27+5.8%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30,2026

OR

☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _______ to _______

Commission File Number:001-42750

NEXMETALS MINING CORP.

(Exact name of registrant as specified in its charter)

Province of British Columbia, CanadaN/A
(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)
1111 West Hastings Street, 15th Floor, Vancouver, British Columbia, CanadaV6E 2J3
(Address of principal executive offices)(Zip Code)

1-866-794-6396

(Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Shares, no par valueNEXMThe Nasdaq Stock Market LLC

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer☐Accelerated filer☐
Non-accelerated filer☒Smaller reporting company☒
Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No☒

As of August 17, 2026, there were 35,648,164 Common Shares issued and outstanding.

TABLE OF CONTENTS

Part IFinancial Information3
Item 1. Financial Statements3
Unaudited Condensed Interim Consolidated Balance Sheets3
Unaudited Condensed Interim Consolidated Statements of Operations and Comprehensive Loss4
Unaudited Condensed Interim Consolidated Statements of Changes in Shareholders’ Equity5
Unaudited Condensed Interim Consolidated Statements of Cash Flows7
Notes to the Unaudited Condensed Interim Consolidated Financial Statements8
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations26
Cautionary Note Regarding Forward Looking Statements26
Item 3. Quantitative and Qualitative Disclosures About Market Risk44
Item 4. Controls and Procedures44
Part IIOther Information45
Item 1. Legal Proceedings45
Item 1A. Risk Factors45
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds45
Item 3. Defaults Upon Senior Securities45
Item 4. Mine Safety Disclosures45
Item 5. Other Information45
Item 6. Exhibits46
Exhibit Index46
Signatures47
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.