{"url_path":"/sec/nexm/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities AND USE OF PROCEEDS**","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-13","source_url":"https://www.sec.gov/Archives/edgar/data/795800/0001493152-26-022779-index.html","accession_number":"0001493152-26-022779","cik":"0000795800","ticker":"NEXM","issuer_name":"NexMetals Mining Corp.","edgar_url":"https://www.sec.gov/Archives/edgar/data/795800/0001493152-26-022779-index.html","primary_entity_key":"0000795800","primary_entity_name":"NexMetals Mining Corp."},"word_count":229,"has_tables":true,"body_markdown":"**Item\n2. Unregistered Sales of Equity Securities AND USE OF PROCEEDS**\n\n \n\nThe\nfollowing table outlines the number of Common Shares and securities that are convertible to Common Shares issued by the Company pursuant\nto Section 4(a)(2) of the Securities Act of 1933, as amended (the “**Securities Act**”) as a transaction not involving\na public offering and Rule 506 promulgated under the Securities Act, during the three months ended March 31, 2026.\n\n \n\n**Convertible\nSecurities**\n\n \n\nOn\nFebruary 1, 2026, the Board approved a grant of RSUs representing an aggregate of 134,300 Common Shares to certain officers, employees\nand consultants. The RSUs were granted at a deemed price of $5.80 per RSU, representing the 10-Day volume weighted average price of the\nCompany’s shares on the TSXV as of January 27, 2026. Of these RSUs, 47,800 will vest in full on the first anniversary of the date of grant, and the remaining 86,500 will\nvest in equal instalments on the second and third anniversary of the grant date.\n\n \n\nOn\nFebruary 1, 2026, the Board also approved a grant of 50,000 Options to certain consultants. The Options have a term of 2 years,\nvested immediately on the date of grant and have an exercise price of $8.00 per Common Share.\n\n \n\n**Date\nof Issuance**\n** **\n**Security**\n** **\n\n**Exercise\nPrice per**\n\n**Security\n($)**\n\n** **\n**Number\nof Securities**\n** **\n\nFebruary 1, 2026\n \nRSUs\n \nN/A\n \n \n134,300\n \n\nFebruary 1, 2026\n \nOptions\n \n8.00\n \n \n50,000"}