X0202 SCHEDULE 13G/A 0001703148-26-000008 0001703148 XXXXXXXX LIVE 1 Common Shares, no par value 03/02/2026 0000795800 NexMetals Mining Corp. 65346E204 3123-595 Burrard Street Vancouver A1 V7X 1J1 Rule 13d-1(c) Extract Advisors LLC b DE 0 1971622 0 1971622 1971622 N 5.4 IA OO Please see note in Item 4(a). Darin Milmeister b X1 0 1971622 0 1971622 1971620 N 5.4 HC IN Please see note in Item 4(a). Extract Capital Master Fund Ltd. b E9 0 1875468 0 1875468 1875468 N 5.1 PN Please see note in Item 4(a). NexMetals Mining Corp. 3123-595 Burrard Street Vancouver, British Columbia, Canada V7X 1J1 Extract Advisors LLC* Darin Milmeister* Extract Capital Master Fund Ltd.* 4500 Park Granada Unit 202, Calabasas, CA 91302 Extract Advisors LLC - Delaware Darin Milmeister - United States Extract Capital Master Fund Ltd. - Cayman Islands Y Extract Advisors LLC - 1,971,622* Darin Milmeister - 1,971,622* Extract Capital Master Fund Ltd. - 1,875,468* *The common shares (the "Shares") reported herein for NexMetals Mining Corp. (the "Issuer") include (i) Shares held by Extract Capital Master Fund Ltd. (the "Fund") as well as another pooled investment vehicle, which are both managed by Extract Advisors LLC (the "Adviser"); and (ii) the approximate number of Shares which may be acquired through the exercise of warrants within sixty (60) days. Darin Milmeister serves as the managing member of the Adviser (the "Managing Member," and collectively with the Adviser and the Fund, the "Reporting Persons"). As of the reporting date, the Fund held 1,875,468 Shares and the Adviser held 1,971,622 Shares. The percentages reported herein are calculated based upon (i) the statement in the Issuer's Form 10-Q filed on November 13, 2025 that there were 21,455,608 Shares outstanding as of November 13, 2025; plus (ii) 14,035,100 Shares underlying the units issued in the Issuer's public offering that closed on November 17, 2025; and (iii) plus the approximate total number of Shares that the Reporting Persons have the right to acquire through the exercise of certain of its warrants within sixty (60) days. This report shall not be deemed an admission that the Reporting Persons are beneficial owners of the Shares for purposes of Section 13 of the Securities Exchange Act of 1934, as amended, or for any other purpose. Each of the Reporting Persons herein disclaims beneficial ownership of the Shares reported herein except to the extent of the Reporting Person's pecuniary interest, if any, therein. Extract Advisors LLC - 5.4%* Darin Milmeister - 5.4%* Extract Capital Master Fund Ltd. - 5.1%* Extract Advisors LLC - 0 Darin Milmeister - 0 Extract Capital Master Fund Ltd. - 0 Extract Advisors LLC - 1,971,622* Darin Milmeister - 1,971,622* Extract Capital Master Fund Ltd. - 1,875,468* Extract Advisors LLC - 0 Darin Milmeister - 0 Extract Capital Master Fund Ltd. - 0 Extract Advisors LLC - 1,971,622* Darin Milmeister - 1,971,622* Extract Capital Master Fund Ltd. - 1,875,468* Y N Y Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. Extract Advisors LLC /s/ Darin Milmeister 05/15/2026 Darin Milmeister /s/ Darin Milmeister 05/15/2026 Extract Capital Master Fund Ltd. /s/ Darin Milmeister 05/15/2026