Company: PRMLF
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001493152-25-011913
Chunk: 78

Company: NexMetals Mining Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 8
Chunk 78
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 price risk; the movements
in individual equity prices or general movements in the level of the stock market may potentially have an adverse impact on the Company,
including the Company’s ability to raise sufficient capital.

The
Company is exposed to the threat of virus outbreaks or infectious diseases

As
most recently seen during the COVID-19 pandemic, global economic conditions and markets may be adversely impacted by infectious diseases
or virus outbreaks. Depending on the speed and extent of the spread, adverse financial and social impacts may be material. Significant
outbreaks, like COVID-19, could result in a widespread crisis that could adversely affect the economies and financial markets of many
countries, including those in which the Company operates, resulting in an economic downturn which could adversely affect the Company’s
business and the market price of the Company’s Common Shares.

VI.
REGULATORY RISKS

The
Company may be unable to obtain, retain or comply with necessary permits and licences, which could adversely affect operations

The
operations of the Company require licences and permits from various governmental authorities. Such licences and permits are subject to
changes in regulations and in various operating circumstances. There can be no guarantee that the Company will be able to obtain all
necessary licences and permits that may be required to maintain its mining activities or advance its mineral properties. In addition,
if the Company proceeds to production on any exploration property, it must obtain and comply with permits and licences which may contain
specific conditions concerning operating procedures, processing, water use, the discharge of various materials into or on land, air or
water, waste disposal, spills, environmental studies, abandonment and restoration plans and financial assurances. There can be no assurance
that the Company will be able to obtain such permits and licences or that it will be able to comply with any such conditions.

52

Challenges,
disputes, or termination of the Company’s mining or exploration concessions, property holdings or titles could have a material
adverse effect on the Company’s financial condition or results of operations.

The
validity of the Company’s mineral rights to the Selebi Mines and Selkirk Mine will always be subject to a degree of uncertainty,
and the Company can provide no assurances that such rights will not be challenged or contested. Further, the Company can provide no assurances
that there are no title defects affecting its properties. The Company’s mineral properties may be subject to prior unregistered
agreements, transfers or claims, and title may be affected by, among other things, undetected defects. Any