NexMetals announces upsizing of public offering to $80 million

* NexMetals Mining (NEXM:CA [https://seekingalpha.com/symbol/NEXM:CA]) has increased the size of its public offering of units of the company from up to C$65M to up to C$80M.
* Under the amended terms, the offering will consist of up to 14.04M units, and there will no longer be an over-allotment option.
* The net proceeds from the offering are expected to be used to fund the prepayment of the first contingent milestone payment under the Asset Purchase Agreement for the Selebi and Selkirk mines, to advance exploration and development activities at the company's mineral assets in Botswana, and for working capital and general corporate purposes.[https://api.newsfilecorp.com/newsinfo/272554/130]
* RJF is -0.49% to $157.465.
* Source: Press Release [https://seekingalpha.com/pr/20286725-nexmetals-announces-upsizing-of-public-offering-to-80-million]

MORE ON NEXMETALS MINING CORP.

* Seeking Alpha’s Quant Rating on NexMetals Mining Corp. [https://seekingalpha.com/symbol/NEXM/ratings/quant-ratings]
* Historical earnings data for NexMetals Mining Corp. [https://seekingalpha.com/symbol/NEXM/earnings]
* Financial information for NexMetals Mining Corp. [https://seekingalpha.com/symbol/NEXM/income-statement]