Company: PRMLF
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001493152-25-011913
Chunk: 83

Company: NexMetals Mining Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 8
Chunk 83
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 include Afrikaans, English and Setswana.

The
financial records of the Company and both PNGPL and PNRPL, existing under the laws of Botswana are maintained in English. The Company
does not believe that any material language or cultural barriers exist.

Item
2. Unregistered Sales of Equity Securities and Use of Proceeds

The
following table outlines the number of securities that are convertible into Common Shares issued by the Company pursuant to Section 4(a)(2)
of the Securities Act of 1933, as amended (the “Securities Act”) as a transaction not involving a public offering
and Rule 506 promulgated under the Securities Act, during the three months ended June 30, 2025.

55

Convertible
Securities

    Date
    of Issuance

    Security
     
    Exercise Price per
                                                                                Security
($)

    Number
    of Securities

    April
    24, 2025

    Options(1)

    9.80

    11,500

Notes:

    (1)
    These Options have a term
    of 5 years. Of the 11,500 Options granted, 7,000 vested immediately on the date of grant, and 4,500 vest annually in equal thirds
    beginning on the date of grant.

Item
3. Defaults Upon Senior Securities

None.

Item
4. Mine Safety Disclosures

Not
applicable.

 Item 5.   Other Information

Insider
Trading Arrangements

During
the three months ended June 30, 2025, none of our directors or officers (as defined in Rule 16a-1(f) of the Exchange Act) adopted, modified
or terminated a Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement (as such terms are defined in Item 408 of Regulation
S-K of the Securities Act).

Item
6. Exhibits

    Exhibit
    No.
     
    Description
    of Exhibit
  
    10.1
     
    Premium Resources Ltd. Long-Term Incentive Plan (incorporated by reference to Exhibit 10.1 to the Company’s Form 8-K filed on June 6, 2025)

    31.1
     
    Rule 13a-14(a)/15d-14(a) certification of Chief Executive Officer

    31.2