NexMetals net loss narrows 21.38% to C$ 11.86 million in Q2 FY26

• NexMetals Mining posted a GAAP net loss of C$11.86 million for Q2 2026, narrowing from C$15.09 million a year earlier.
• Loss before other items improved to C$11.96 million from C$15.28 million, while general exploration expense fell to C$9.59 million.
• Investor relations and communications costs dropped to C$381,159 from C$1.93 million, as marketing shifted to a more targeted program.
• Cash and cash equivalents slid to C$16.96 million at June 30 from C$39.78 million at Dec. 31, 2025.
• Selebi Mines spending totaled C$9.26 million in the quarter, while Selkirk outlays were C$325,457; an updated Selebi MRE is planned for Q3 2026.

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