Company: PRMLF
Filing Date: 2025-03-20
Form Type: 10-K
Source: 0001641172-25-000043
Chunk: 4

Company: NexMetals Mining Corp.
Filing Date: 2025-03-20
Form: 10-K
Item: Item 1A
Chunk 4
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 currency fluctuations and exchange controls; rates of inflation; challenges
in collecting receivables; cultural and language differences; employment regulations; crimes, strikes, riots, civil disturbances, terrorist
attacks, and wars; and deterioration of political relations with Canada or other governments or sanctions imposed by Canada or other governments.
There will also be currency exchange risks in connection with the operations of the Company’s foreign mineral assets, including
the Mines.

In addition, Botswana is considered an emerging market.
Emerging market investments generally pose a greater degree of risk than investments in more mature market economies because the economies
in the developing world are more susceptible to destabilization resulting from domestic and international developments. Further, the current,
or a future government may adopt substantially different policies, take arbitrary action which might halt exploration or production, re-nationalize
private assets or cancel contracts, or cancel mining or exploration rights, any of which could result in a material and adverse effect
on the Company’s results of operations and financial condition.

Dependence on business and technical expertise of Management Team

The Company is dependent on the business and technical expertise of its
management team. If it is unable to rely on this business and technical expertise, or if any of the expertise is inadequately performed,
the business, financial condition and results of the operations of the Company could be materially adversely affected until such time
as the expertise could be replaced.

-7-

IV. RISKS RELATED TO OUR COMMON STOCK

Internal and external factors could impact the volatility of our Common
Share price

The
price of Common Shares may be affected by a number of factors, including global macroeconomic developments and market perceptions of
the attractiveness of particular industries and location of assets, which may increase the volatility of Common Share prices. The price
of Common Shares will also be affected by the Company’s financial conditions or results of operations as reflected in its liquidity
position and earnings reports.

Other
factors unrelated to the Company’s operations and performance that may have an effect on the price of Common Shares include: reduced
trading volume and general market interest in the Company’s securities may affect an investor’s ability to trade significant
numbers of shares; the size of the Company’s public float may limit the ability of some institutions to invest in the Company’s
securities; and a substantial decline in the price of Common Shares that persists for a significant period of time could cause the Company’s
securities to be delisted, further reducing market liquidity.

As
a result of any of these factors,