NexMetals has completed a milestone payment of US$25 million to secure unencumbered title to both the Selebi and Selkirk assets in Botswana.
The completion of this payment follows a recent equity financing that strengthened the company's balance sheet and provided capital for further advancements in Botswana.
With the milestone payment settled, NexMetals is now in a strong position to move forward with reduced risk and accelerate work programs in Botswana.
Milestone Payment
NexMetals completed a US$25 million milestone payment securing unencumbered title to key assets in Botswana.
Equity Financing
Recent financing from institutional investors strengthened the balance sheet and provided capital for future plans in Botswana.
Risk Reduction
Settling the milestone payment reduces risk and allows NexMetals to expedite work programs in Botswana.
- The completion of the milestone payment and securing unencumbered title to key assets sets NexMetals on a clear path for further development in Botswana.
- This achievement is expected to boost investor confidence and support as NexMetals moves forward with its projects in the region.
NexMetals' successful milestone payment and title acquisition signify a significant step towards long-term growth and development of its assets in Botswana. The company's strategic moves have positioned it well for future success in the region.