Core Viewpoint - NexMetals Mining Corp. announces a leadership transition with Mr. Morgan Lekstrom stepping down as CEO effective January 31, 2026, and Mr. Sean Whiteford being appointed as the new CEO [1][4]. Leadership Transition - Mr. Lekstrom has been pivotal in the company's restructuring and has raised over $145 million, including the conversion of a $20.8 million term loan and prepayment of a $25 million asset purchase agreement [2]. - Mr. Whiteford, with over 30 years of experience in exploration and operational roles, has been with the company for over three years and has guided its strategic direction [3][4]. Company Achievements - Under Mr. Lekstrom's leadership, the company advanced its projects in Botswana, including technical evaluations and a deep drilling program at the Selebi and Selkirk projects, with initial economic studies expected to be completed in 2026 [2][4]. - The company has strengthened its foundation for future growth, positioning itself for major milestones in 2026 [4]. Company Overview - NexMetals Mining Corp. focuses on the redevelopment of previously producing copper, nickel, and cobalt resources in Botswana [5]. - The company emphasizes governance through transparent accountability and has a team with extensive experience in mine discovery and development [6].
NexMetals Initiates CEO Succession Plan