Company: PRMLF
Filing Date: 2025-03-20
Form Type: 10-K
Source: 0001641172-25-000043
Chunk: 108

Company: NexMetals Mining Corp.
Filing Date: 2025-03-20
Form: 10-K
Item: Item 1A
Chunk 108
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oring Organizations of the Treadway Commission (COSO). Based on this evaluation, management concluded that the
Company’s internal control over financial reporting was effective as of December 31, 2024.

Changes
in Internal Control over Financial Reporting

Subject
to the above remediating controls, there were no changes in our internal control over financial reporting (as defined in Rules 13a-15(f)
and 15d-15(f) under the Exchange Act) during the quarter ended December 31, 2024, that have materially affected, or are reasonably likely
to materially affect, our internal control over financial reporting.

Item
9B. OTHER INFORMATION.

Insider
Trading Arrangements

During
the three months ended December 31, 2024, none of our directors or officers (as defined in Rule 16a-1(f) of the Securities Exchange Act
of 1934, as amended) 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 of 1933). 

Item
9C. DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS.

Not
applicable.

-36-

Part
III

Item
10. DIRECTORS ,
EXECUTIVE  OFFICERS AND CORPORATE GOVERNANCE.

Our
Directors and Executive Officers

Directors
are elected to serve until the next annual general meeting of shareholders or until their successor is duly elected or appointed, their removal by the shareholders,
or their resignation. Directors are elected by a plurality of the votes cast at the annual meeting of shareholders.

A
majority of the authorized number of directors constitutes a quorum of the Board for the transaction of business. Any action required
or permitted to be taken by the Board may be taken without a meeting if all members of the Board individually or collectively consent
in writing to the action.

Executive
Officers are appointed by the Board and serve at its pleasure.

The
following table sets forth certain information as of the date of this Report concerning our directors and executive officers:

    Name,
    Position with the Company
     
    Age
     
    Principal
    Occupation and Business Experience During the Past Five Years
     
    Date
    of Appointment
  
    James
                                            Gowans
    Director
and Independent Chairman