Core Viewpoint - Nine Mile Metals Ltd. has received a $40,000 grant from the New Brunswick Department of Natural Resources and Energy Development to support exploration on the California Lake East VMS Project [1][4]. Exploration Plans - The company submitted a proposal in April 2025 for specific exploration on the California Lake East VMS Project, where previous drilling in 2022 confirmed the presence of a VMS system [2]. - Planned exploration will focus on the stratigraphic horizon and EM strong late-time conductors, with ground-based geophysics to define prioritized drill targets [2][6]. - Target 6 has been identified as a high-priority new target, potentially the source of the previously successful VMS drill program at Target 8 [2][8]. Support and Community Engagement - The New Brunswick government continues to support the mining community in the Bathurst Mining Camp through the Junior Mining Assistance Program, which funds projects of high interest [4]. - The company expresses gratitude for the ongoing support from the New Brunswick Department of Natural Resources and the local mining community [8]. Company Overview - Nine Mile Metals Ltd. is focused on Critical Minerals VMS exploration in the Bathurst Mining Camp, with projects including Nine Mile Brook, California Lake, Canoe Landing Lake, and Wedge VMS Projects [9]. - The company aims to position itself for the demand in EV and green technologies, which require critical minerals such as Copper, Silver, Lead, and Zinc, while also having a hedge on Gold [9].

Core Viewpoint - Nine Energy Service, Inc. is conducting its Q1 2025 earnings conference call to discuss financial results and future outlook [1][3]. Group 1: Company Overview - The conference call is hosted by Heather Schmidt, VP of Strategic Development and Investor Relations, with participation from Ann Fox, President and CEO, and Guy Sirkes, SVP and CFO [2][3]. - The call includes forward-looking statements that reflect the company's views on future events, which are subject to risks and uncertainties [4]. Group 2: Financial Reporting - The company will discuss non-GAAP financial measures during the call, with additional details and reconciliations provided in the Q1 press release and on the Investor Relations section of the website [5].

Nine Energy Service (NINE) Q1 2025 Earnings Call May 08, 2025 10:00 AM ET Company Participants Heather Schmidt - Senior Vice President of Strategic Development and Investor RelationsAnn Fox - President and Chief Executive OfficerGuy Sirkes - EVP & CFOWaqar Syed - MD & Head of ResearchJohn Daniel - Founder & CEO Operator Greetings, and welcome to Nine Energy Service First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. A question and answer sessi ...

Nine Energy Service (NINE) Q1 2025 Earnings Call May 08, 2025 10:00 AM ET Speaker0 Greetings, and welcome to Nine Energy Service First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. As a reminder, this call is being recorded. I would now like to turn the conference over to your host, Heather Schmidt, Vice President, Strategic Development and Investor Relations. Speaker1 Thank yo ...

Q1 2025 IR Presentation DISCLAIMER 2 Forward-Looking Statements & Non-GAAP Financial Measures Certain statements in this presentation are forward-looking statements that are subject to a number of risks and uncertainties, many of which are beyond our control. All statements, other than statements of historical fact included in this presentation, regarding our strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects, plans and objectives of management are for ...

Nine Energy Service (NINE) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to loss of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -20%. A quarter ago, it was expected that this oilfield services company would post a loss of $0.24 per share when it actually produced a loss of $0.22, delivering a surprise of 8.33%.Over the last four quarters, the c ...

Revenue and Profitability - Revenues increased by $8.3 million, or 6%, to $150.5 million for Q1 2025 compared to Q1 2024, primarily driven by an 18% increase in cementing revenue[92] - Adjusted gross profit rose by approximately $1.9 million to $28.0 million for Q1 2025, reflecting improved revenue and cost management[94] - The company anticipates a decline in revenue and profitability for Q2 2025 due to lower oil prices and reduced activity in the Permian Basin[86] - The loss before income taxes improved by $955,000, or 12%, to $(6.9) million for Q1 2025 compared to $(7.9) million in Q1 2024[91] - The company recorded a net loss of $(7.1) million for Q1 2025, a decrease of $994,000, or 12%, from $(8.1) million in Q1 2024[91] - Net loss decreased by $1.0 million, or 12%, to $7.1 million for Q1 2025, while Adjusted EBITDA increased by $1.5 million, or 10%, to $16.5 million[100] Costs and Expenses - Cost of revenues increased by $6.5 million, or 6%, to $122.5 million for Q1 2025, attributed to higher material and vehicle costs[93] - General and administrative expenses increased by $1.0 million to $13.3 million for Q1 2025, mainly due to higher employee-related costs[94] - Non-operating expenses increased by $0.3 million to $12.6 million for Q1 2025 compared to Q1 2024, primarily due to decreased interest income[98] Cash Flow and Liquidity - Net cash used in operating activities decreased to $5.3 million in Q1 2025 from $8.8 million in Q1 2024, attributed to a $1.9 million increase in cash provided by working capital[134] - Net cash used in investing activities was $4.0 million in Q1 2025, down from $5.5 million in Q1 2024, due to a $1.5 million decrease in cash purchases of property and equipment[135] - Net cash used in financing activities decreased to $1.6 million in Q1 2025 from $6.2 million in Q1 2024, primarily due to $4.0 million in proceeds from the 2018 ABL Credit Facility[136] - As of March 31, 2025, the company had $17.3 million in cash and cash equivalents and $36.5 million available under the 2018 ABL Credit Facility, totaling $53.8 million in liquidity[116] Capital Expenditures and Debt - The planned capital expenditure budget for 2025 is expected to be between $15 million and $25 million, excluding possible acquisitions[114] - The company entered into an equity distribution agreement to sell shares of common stock with an aggregate offering price of up to $30.0 million[119] - The company completed a public offering of 300,000 units with an aggregate stated amount of $300.0 million, consisting of 13.000% Senior Secured Notes due 2028 and common stock[121] - The 2028 Notes will mature on February 1, 2028, with an annual interest rate of 13.000% payable semi-annually starting August 1, 2023[122] - As of March 31, 2025, the company had $47.0 million of borrowings under the 2018 ABL Credit Facility, with approximately $36.5 million available[128] - The 2018 ABL Credit Facility was amended to decrease its size from $200.0 million to $150.0 million and extend the maturity date to January 29, 2027[126] - The 2025 ABL Credit Agreement provides for a revolving credit facility with lender commitments of $125.0 million, maturing on May 1, 2028[129] - The company borrowed approximately $48.9 million under the 2025 ABL Credit Facility to repay all outstanding borrowings under the 2018 ABL Credit Facility[130] - The 2025 ABL Credit Agreement includes a financial covenant requiring a minimum fixed charge ratio of 1.10 to 1.00 when availability is less than $10.0 million[131] - The company was in compliance with all covenants contained in the Amended 2018 ABL Credit Agreement as of March 31, 2025[127] Market Conditions and Outlook - The average rig count in the U.S. was stable at 588 rigs in Q1 2025, compared to 586 rigs in Q4 2024[88] - Natural gas prices averaged approximately $2.19 for 2024 but recovered to about $4.14 in Q1 2025, impacting activity levels in natural gas basins[86] - The company remains cautiously optimistic about the long-term outlook for the energy sector, particularly in natural gas basins, despite current market challenges[89] Performance Metrics - Revenues for Q1 2025 were $150.5 million, up from $142.1 million in Q1 2024, resulting in a gross profit of $19.5 million[112] - Adjusted gross profit for Q1 2025 was $28.0 million, compared to $26.1 million in Q1 2024[112] - Adjusted ROIC for Q1 2025 was 8.8%, an increase from 6.0% in Q1 2024[109] - Total capital as of March 31, 2025, was $259.9 million, compared to $300.3 million as of March 31, 2024[109]

Exhibit 10.1 Execution Version LOAN AND SECURITY AGREEMENT Dated as of May 1, 2025 among WHITE OAK COMMERCIAL FINANCE, LLC, as Agent, NINE ENERGY SERVICE, INC., NINE ENERGY CANADA INC., CDK PERFORATING, LLC, CREST PUMPING TECHNOLOGIES, LLC, REDZONE COIL TUBING, LLC, AND NINE DOWNHOLE TECHNOLOGIES, LLC, as Borrowers, NINE ENERGY SERVICE, LLC, MOTI HOLDCO, LLC, MAGNUM OIL TOOLS GP, LLC, AND MAGNUM OIL TOOLS INTERNATIONAL, LTD, as Guarantors, the financial institutions party hereto from time to time, as Lender ...

Toronto, Ontario--(Newsfile Corp. - April 9, 2025) - NINE MILE METALS LTD. (CSE: NINE) (OTC Pink: VMSXF) (FSE: KQ9) (the "Company" or "Nine Mile") announces completion of the second tranche of a private placement (the "Offering") announced on January 21, 2025. The Company issued 6,309,699 units (each, a "Unit") at a price of $0.021 per Unit, for proceeds of $132.503. The Company fully closes the original Offering of $157,500 and the debt conversion in the first tranche previously announced February 4th, 202 ...

Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Nine Energy Service (NINE) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Oils-Energy sector should help us answer this question.Nine Energy Service is a member of the Oils-Energy sector. This group includes 247 ...