UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On June 15, 2026, Premium Resources International Ltd. (“PRIL”), wholly-owned subsidiary of NexMetals Mining Corp. (the “Company”), entered into a Services & Consulting Agreement (the “Consulting Agreement”) with ANZAC Consulting Ltd. (“ANZAC”), an entity through which Boris Kamstra, who serves as Chief Operating Officer of PRIL, provides services to the Company. The Consulting Agreement replaces and supersedes the Services & Consulting Agreement, dated January 1, 2023, and amended July 1, 2025, between PRIL and ANZAC.
Under the Consulting Agreement, ANZAC provides the services of Mr. Kamstra who is responsible for providing site operational support and assistance in the advancement of study works.
PRIL will pay ANZAC an hourly consulting fee of US$230, payable monthly in arrears, and will reimburse certain approved expenses in accordance with PRIL’s policies. Because Mr. Kamstra is based in South Africa, PRIL will cover reasonable board and lodging in Botswana when Mr. Kamstra is required to work there, provide business class (or similar) air travel for flights over four hours, and obtain and maintain any required work permits. PRIL will also bear any Barbados withholding tax (including related interest, penalties and litigation costs) assessed in respect of payments to ANZAC.
The Consulting Agreement continues until terminated by either party. PRIL may terminate for failure by Mr. Kamstra to perform his obligations, in which case ANZAC is entitled to any accrued and unpaid consulting fees and reimbursable expenses up to the termination date. PRIL may also terminate the agreement at any time upon 90 days’ notice, with ANZAC entitled to all accrued and unpaid consulting fees and reimbursement of out-of-pocket expenses through the termination date. ANZAC may terminate the agreement upon 90 days’ written notice and is entitled to payment for services rendered up to the termination date. The agreement does not provide for any change-of-control, severance, or constructive dismissal benefits.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
NEXMETALS MINING CORP. (Registrant) | ||
| By: | /s/ Brett MacKay | |
| Brett MacKay | ||
| Chief Financial Officer | ||
Date: June 18, 2026