Company: PRMLF
Filing Date: 2025-03-20
Form Type: 10-K
Source: 0001641172-25-000043
Chunk: 5

Company: NexMetals Mining Corp.
Filing Date: 2025-03-20
Form: 10-K
Item: Item 1A
Chunk 5
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 the market price of Common Shares at any given point in time may not accurately reflect the Company’s
long-term value. Securities class action litigation often has been brought against companies following periods of volatility in the market
price of their securities. The Company may in the future be the target of similar litigation. Securities litigation could result in substantial
costs and damages and divert management’s attention and resources.

V. ECONOMIC AND MARKET RISKS

The volatility of commodity prices could affect the economic viability
of our projects

The
advancement of the Company’s properties is dependent on the future prices of minerals and metals. As well, should any of the Company’s
properties eventually enter commercial production, the Company’s profitability will be significantly affected by changes in the
market prices of minerals and metals.

Base
and precious metals prices are subject to volatile price movements, which can be material and occur over short periods of time and which
are affected by numerous factors, all of which are beyond the Company’s control. Such factors include, but are not limited to,
actual and expected macroeconomic and political conditions, interest and exchange rates, inflation or deflation, fluctuations in the
value of the U.S. dollar and foreign currencies, global and regional supply and demand, speculative trading, the costs of and levels
of base and precious metals production, the availability and costs of substitutes, investments by commodity funds and other actions of
participants in the commodity markets. Such external economic factors are in turn influenced by changes in international investment patterns,
monetary systems, the strength of and confidence in the U.S. dollar (the currency in which the prices of base and precious metals are
generally quoted), and political developments. The effect of these factors on the prices of base and precious metals, and therefore the
economic viability of any of the Company’s exploration projects, cannot be accurately determined. The prices of commodities have
historically fluctuated widely, and future price declines could cause the development of (and any future commercial production from)
the Company’s properties to be impracticable or uneconomical. As such, the Company may determine that it is not economically feasible
to commence commercial production at some or all of its properties, which could have a material adverse impact on the Company’s
financial condition and results of operations. In such a circumstance, the Company may also curtail or suspend some or all of its exploration
and evaluation activities.

Foreign currency and equity market fluctuations

The Company is also exposed to risks relating to its
financial instruments