NexMetals Mining Corp. (NEXM) AI Dilution Summary
Updated Oct 4, 2026
Cash was $16,956,564 at 2026-06-30 against estimated monthly burn of $2,960,310. The latest quarterly report also states that a $59,792 severance payment to the former Chief Financial Officer was payable on 2026-07-31. Dilution here is driven primarily by the November 2025 Warrants: 14,035,100 shares at a fixed $8.00 exercise price, expiring 2027-11-17.