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(MENAFN– Newsfile Corp)
Toronto, Ontario–(Newsfile Corp. – June 16, 2025) – NexMetals Mining Corp. (TSXV: NEXM) (OTC Pink: PRMLF) (” NEXM ” or the ” Company “) is pleased to announce that Brett MacKay has been appointed Senior Vice President & Chief Financial Officer (” CFO “), succeeding Peter Rawlins, who has stepped down from this role. The appointment of Brett MacKay as CFO will take effect immediately. Mr. MacKay most recently served as Vice President, Finance of the Company.

Mr. MacKay brings 17 years of experience in the resource sector. He joined the Company in October 2024 after holding progressively senior financial roles in reporting and business planning at Lundin Mining Corporation, where he supported the organization through a period of substantial growth, including several strategic acquisitions. Prior to joining Lundin Mining in 2013, Mr. MacKay held roles at EY serving mining sector clients in both assurance and tax practices.

Mr. MacKay holds a Bachelor of Commerce (Honours) degree with Distinction from McMaster University and is a Chartered Professional Accountant (CPA, CA) in Ontario.

“I’m excited to take on this role at a pivotal time for the Company as we execute our phased strategy to develop the Selebi and Selkirk assets. I am committed to strengthening our financial controls and delivering on our carefully planned capital allocation strategy,” stated Mr. MacKay.

Morgan Lekstrom, CEO of NEXM commented: “On behalf of the Company and the Board of Directors, I would like to welcome Mr. MacKay into the CFO role. His extensive experience and demonstrated leadership in the resource sector will continue to be an asset to the Company as we advance on our strategic objectives. I would also like to extend our sincere thanks to Peter Rawlins for his valuable contributions and dedication to the Company.”

About NexMetals Mining Corp.

NexMetals Mining Corp. is a mineral exploration and development company that is focused on the redevelopment of the previously producing copper, nickel and cobalt resources mines owned by the Company in the Republic of Botswana.

NexMetals is committed to governance through transparent accountability and open communication within our team and our stakeholders. NexMetals’ team brings extensive experience across the full spectrum of mine discovery and development. Collectively, the team has contributed to dozens of projects, including work on the Company’s Selebi and Selkirk mines. Senior team members each have on average, more than 20 years of experience spanning geology, engineering, operations, and project development.

For further information about NexMetals Mining Corp., please contact:

Morgan Lekstrom
CEO and Director
…

Jaclyn Ruptash
V.P., Communications and Investor Relations
…

Cautionary Note Regarding Forward-Looking Statements:

This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Such forward-looking statements, by their nature, require the Company to make certain assumptions and necessarily involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in these forward-looking statements. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

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SOURCE: NexMetals Mining Corp.

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Highlights

• Adriatic Metals receives $2B acquisition offer from Dundee Precious Metals
• Shares surge on both ASX and LSE following the announcement
• Deal includes flexible cash and stock mix for shareholders

Adriatic Metals (ASX:ADT) shares saw a sharp rise after Toronto-listed Dundee Precious Metals (TSX:DPM) announced a proposed acquisition valued at US$1.25 billion. The strategic move has sparked significant interest in the market, with investors reacting to what could be a transformative deal for both mining companies.

Market Reaction Across Exchanges

The announcement, made late Friday, drove Adriatic Metals’ share price on the Australian Securities Exchange (ASX) up by 8.4% to AU$5.42 by mid-afternoon trading. On the London Stock Exchange (LSE), shares closed at £2.63, marking a 9.2% gain on the same day. This momentum reflects growing investor confidence in the potential synergies between the two firms.

Premium Valuation and Deal Structure

Under the terms of the agreement, Adriatic shareholders are to receive AU$5.56 per ASX share and £2.68 per LSE share. These figures represent notable premiums of 47.8% and 50.5%, respectively, over the prices before the offer period commenced on 20 May.

The acquisition will be executed via a UK scheme of arrangement and is expected to become effective in the fourth quarter of 2025. A mix-and-match facility is part of the transaction, giving Adriatic shareholders the option to receive either cash or new DPM shares—or a combination—tailored to their preference. The total cash component will be approximately £321 million, with 54.9 million new shares of DPM issued at a valuation of CA$20.33 per share, based on the 11 June closing price.

Strategic Synergies and Growth Outlook

The acquisition would bring Adriatic’s flagship silver project in Vareš, Bosnia and Herzegovina under Dundee Precious Metals’ expanding portfolio. According to executives from both companies, the merger is expected to create a stronger mining business with long-term value potential.

Laura Tyler, CEO of Adriatic, commented on the strategic alignment, citing shared strengths in asset quality and operational capabilities. Dundee’s CEO, David Rae, also emphasized the opportunity to unlock above-average returns through this union.

This development comes at a time when the ASX200 index is showing increasing traction in the resources sector, reflecting growing interest in companies poised for growth within the commodities space.

As the deal progresses toward completion, market participants are likely to keep a close eye on regulatory steps and shareholder meetings scheduled over the coming months.

On April 4, the S&P/TSX Composite Index fell almost 5 per cent. While some investors hammered the sell button, others went on with their day and made no changes to their portfolios.

Same red numbers, two opposite reactions. Why?

Behavioural science says big losses should, in theory, jolt us out of knee-jerk habits and push us into careful “System 2 thinking” – a term psychologist Daniel Kahneman used to describe our deliberate reasoning, analytical mode. “System 1” is its opposite: fast, automatic, fuelled by emotion and mental shortcuts.

System 2 is reflective, methodical, the part that double-checks math homework and rereads contracts. The trick is getting the brain to shift gears from the first to the second when markets turn ugly.

New research published in the Judgment and Decision Making journal offers a clue. Experiments found that financial losses prompt people to spend more time thinking and to make better, more deliberative decisions – but only when there is enough time and cognitive space to think.

Add a tight deadline, or the perception of a time pressure, and the benefit disappears: participants flip back to snap (System 1) judgments.

The authors paid volunteers to solve brain-teaser questions. Get one right, earn 25 cents in one series of questions. Get it wrong, lose 25 cents in another series. When a potential loss was on the line, subjects spent more time thinking and arrived at more correct answers. That’s evidence that the sting of loss can summon System 2.

Opinion: If you lose money in the stock market, do you double down? That’s called a martingale strategy, and it’s dangerous

Then the experimenters imposed a 20-second countdown clock. Under the gun, performance tanked and participants defaulted to the fast, intuitive – and often wrong – answer. Losses can prompt deep thinking or blind panic. What decides the outcome is whether the brain is given breathing room.

Now bring that insight to Bay Street. Markets embed their own stopwatch: price quotes refresh almost instantly and social feeds stir up emotions around the clock. Investors do not merely sense urgency: both mainstream and social media revolve around it.

Worse, the clock never stops. Extended-hours trading sessions for Canadian investors are already available from 4 a.m. to 8 p.m. ET for many stocks, and overnight trading (8 p.m. to 4 a.m. ET the next morning) effectively makes stock trading available around the clock. Given that cryptoasset trading has no market close, maybe the move to around-the-clock security trading is inevitable.

But while retail platforms tout overnight access as empowerment, the side effect is obvious: we have lost the natural curfew the closing bell once provided. Instead of cooling off overnight, a jittery investor can unload shares at 3 a.m., when liquidity might be thin and fear might be thick.

Opinion: The Big Six banks are to blame for the lifeless Toronto Stock Exchange

In contrast, regulators and exchanges recognize the need for oxygen. Market “circuit breakers” halt stock market trading after big losses occur in a single trading session. These engineered breathing spaces give market participants time to digest what is happening.

The implication for investors is obvious: while market losses can jolt us into deeper, more careful reasoning, this benefit is only realized if we have the time and mental space to reflect.

In fast-moving markets, or when pressured to make quick decisions, the advantage of loss-induced deliberation may be lost so we need to figure out how to buy time or avoid reflexive decision-making.

Here are four practical defence strategies that could help:

1. Write an investment policy statement before you need it. Even a one-page policy, drafted when you are calm, acts as a lighthouse when seas get rough.

2. Automate what you can. Prescheduled contributions and auto-rebalancing reduce decision points.

3. Use a checklist buddy. Talk decisions through with an adviser or trusted friend. Saying it out loud acts as a speed bump against emotion.

4. Respect the bell (even if markets ignore it). For investors that day-trade, decide in advance that you will not place trades outside regular hours unless a preset rule demands it. Sleep, like diversification, can be free risk management.

I’m probably guilty of banging the drum on this but investors should remember that platforms hungry for order flow wave the “democratization is good for all investors” flag proudly. But more access is not synonymous with better outcomes. Investors need to keep their eyes open.

When markets nosedive, the colour red is not the true enemy – the alarmism and perceived time crunch is. Give your brain a little oxygen or adopt systems to avoid reflexive responses and the same loss that might have provoked a panicked sale might be avoided.

Sometimes the smartest trade is no trade at all and the best circuit breakers may be the ones you install for yourself.

Preet Banerjee is a consultant to the wealth management industry with a focus on commercial applications of behavioural finance research.

Investing

The economy has been sending mixed signals. While inflation is finally showing signs of cooling, undeniable cracks have surfaced in the labor market. Despite this uncertainty, pressure is rapidly intensifying on the central bank to slash interest rates when policymakers convene for the next FOMC meeting in mid-June. The Trump administration has not held back, with Vice President J.D. Vance most recently unleashing a blistering critique against Fed Chairman Jerome Powell, labeling his monetary policy as “malpractice.”

With the path now clearing for the Fed to finally ease interest rates, market dynamics are poised for a significant shift. Fixed income investors will swiftly discover that bonds have lost their main appeal, inevitably propelling them into equities – specifically, into the welcoming arms of attractive high-yield dividend stocks promising steady income.

We’ve identified a handful of these dividend powerhouses that fit this description, currently yielding over 5% and presenting compelling buying opportunities before the Fed’s gathering next week. Once the rate cut becomes official and borrowing costs descend, it’s a strong bet that the following stocks will command a higher price. Spoiler alert: You’ll want to stick with us to the end because we may have saved the best for last.

1.) Rio Tinto Group (NYSE: RIO)

Mining company Rio Tinto Group (NYSE: RIO) is currently trading in the middle of its 52-week range at approximately $58 per share. With a dividend yield of 6.7%, Rio Tinto fits the bill as a high-yielding dividend play. The company, which mines resources ranging from iron ore to lithium, has close to a decade-long history of paying ordinary dividends at the top of its payout range at 60%.

In 2024, that amounted to $6.5 billion. Rio Tinto pays shareholder dividends semi-annually, so investors must be patient for the payouts. But they might find the waiting worth their while, as its latest dividend announcement was for $2.25 per share.

As a mining play, Rio Tinto is technically vulnerable to the whims of commodity prices. However, the company has proven its commitment to prioritizing shareholder value by paying toward the top of its range, or the percentage of earnings it has reserved for cash distributions. 

Rio Tinto’s share price has been under pressure, falling 12.3% over the past year, owing to macroeconomic headwinds and some C-suite uncertainty. Nevertheless, Wall Street analysts large advise investors to buy the stock, attaching a $72 average price target and paving the way for 22% upside potential. On the risk side, Rio Tinto is in the midst of a CEO transition, adding to the uncertainty for this stock in the short term. 

2.) Ford Motor (NYSE: F) 

Lower borrowing costs are poised to ignite greater consumer demand for major purchases, including vehicles. As a result, Ford Motor (NYSE: F) emerges as a compelling contender on our list. The automaker currently boasts a regular quarterly dividend of $0.15 per share and is famous for generously rewarding shareholders with special dividends pulled from its annual free cash flow. For instance, in 2024, the company distributed a notable special dividend of $0.18 per share.

Automakers found themselves squarely in the crosshairs of the recent tariff skirmishes as the U.S. moved to safeguard domestic vehicle production from moving overseas. In response, auto manufacturers are strategizing in ways such as reshoring more production to the U.S. In May, Ford saw the payoff, flexing a robust 16% jump in monthly sales after enticing consumers with an employee pricing program. While lingering tariff uncertainty remains, broader trade deals appear to be advancing favorably.

Ford shares are currently trading for $10.66 per share. This dividend-paying auto stock finds itself down 2.4% year to date and has endured a steep 16.9% decline over the past 12 months. Despite recent headwinds, analysts remain keenly interested. In a bullish call, JPMorgan analyst Ryan Brinkman recently reiterated his “overweight” rating on Ford stock, assigning a $12 price target. Also in 2025, Bank of America Securities analyst John Murphy maintained a “buy” rating on Ford stock, with a price target of $14 per share (down from a previous $19 per share).

3.) Brookfield Renewable (NYSE: BEPC)

Brookfield Renewable (NYSE: BEPC), a Limited Partnership (LP) listed on both the NYSE and Toronto Stock Exchange (TSX), commands attention with a robust 4.69% dividend yield. This LP stands out for its specialized focus on renewable power and decarbonization solutions, boasting extensive exposure to hydroelectric, wind, solar and other clean energy sources.

While BEPC offers a direct play on the burgeoning renewable energy sector, its predictable income streams position it similarly to a utility, translating into reliable revenue for the firm and consistent dividends for its investors. In 2025, Brookfield is distributing quarterly dividends of $0.373 per share, a solid increase from $0.355 per share in 2024.

Brookfield CEO Bruce Flatt recently told CNBC that inflation has acted as a tailwind for the company’s revenue streams. His insight appears to be spot-on, as Brookfield just celebrated a record-breaking Q1 performance for its global operating fleet, which is now nearing an impressive 45,000 MW across cost-effective renewable energy sources. Unlike some other dividend stocks navigating market currents, BEPC’s stock is actively climbing so far in 2025, gaining 15.4% year-to-date.

Brookfield is widely considered a defensive play, given the inherent predictability of its income, which can help offset volatility from other equities within a diversified portfolio. Should the economy continue to slow, even within a low-rate environment, Brookfield Renewable could offer investors a valuable haven from market turbulence if its current upward trajectory holds. Wall Street analysts are clearly smitten with BEPC, evidenced by nearly a dozen “buy” ratings on the stock. While an average price target of $30.20 per share might not signal explosive upside, investors can still tap into consistent income from this high-dividend stock.