1.0 Exit Case: Nexus Industrial REIT

Overview:

Nexus Industrial REIT (TSX: NXR.UN) is a growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition, ownership, and management of industrial, office and retail properties.

NXR.UN has been a part of the ‘Value Portfolio’ since 12^th September, 2024, however, considering the recent market volatility and macro shocks and ~-11.22% downside from the entry price, an ‘Exit’ is recommended from the stock at the price of CAD 7.83, (as on 18^th September, 2025).

1.1 Support and Resistance Summary as provided in our last published report dated 12^th September, 2024

1.2 Nexus Industrial REIT (TSX: NXR.UN)

 2.0 New Entry Case: DPM Metals Inc

Overview:

DPM Metals Inc. (TSX: DPM) engages in the acquisition, exploration, development, mining, and processing of precious metals, primarily focusing on gold, copper, and silver deposits. The company produces approximately 200,000 ounces of gold annually and is among the lowest-cost gold producers globally. DPM Metals maintains a strong financial position with $763 million in net cash as of March 2025 and has returned over $260 million to shareholders since 2020.

Technical Analysis: On the daily chart, DPM prices are trading on a positive note, hovering near recent highs around CAD 30.19. The stock has maintained an upward trajectory over the past year, showing sustained bullish momentum. The 14-period Relative Strength Index (RSI) stands at approximately 74.29, highlighting decent buying momentum and confirming the strength of the ongoing uptrend, with the stock continuing to trade firmly in bullish territory. The key support for stock is at CAD 25.96, while the critical resistance level is at CAD 35.62.

Considering the above mentioned factors, technical analysis, support & resistance levels, an ‘Entry’ is recommended in the ‘Value Portfolio’ at the closing market price of CAD 30.19, as on (as on 18^th September, 2025).

DPM Metals Inc. (TSX: DPM) has been identified as the new entry to our Value Portfolio.

2.1 Support and Resistance Summary (as on 18^th September, 2025)

2.2 DPM Metals Inc. (TSX: DPM)

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency as of 18 September, 2025. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings.

Disclaimer

This information should not be relied upon as personal financial advice by Kalkine on (i) the stocks or (ii) the use or suitability of the model portfolios. Only an investor knows about their circumstances to make an investment decision.

Model Portfolio has been prepared for illustrative purpose only and does not take into account the objectives, financial situation or needs of any particular investor. Accordingly, investors should, before acting on the information, consider its appropriateness, having regard to their objectives, financial situation and needs. Past performance is not necessarily indicative of future performance results. Actual investment returns will vary, and the value of investments can go up or down.