Company: PRMLF
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022391
Chunk: 47

Company: NexMetals Mining Corp.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 1
Chunk 47
---
 16,504,708  
     7,618,243 

    Exploration and evaluation assets 

    Botswana 
     8,471,766  
     8,846,821 
  
    Exploration and evaluation assets  
     8,471,766  
     8,846,821 

    Property, plant and equipment 

    Botswana 
     9,062,031  
     8,488,405 
  
    Property, plant and equipment 
     9,062,031  
     8,488,405 

15.
CONTINGENT LIABILITIES

There
are no environmental liabilities associated with the Mines as at the acquisition dates as all liabilities incurred prior to the acquisitions
are the responsibility of the sellers, BCL and TNMC. The Company has an obligation for the rehabilitation costs arising subsequent to
the acquisitions. As of September 30, 2025, there were no material rehabilitation costs for which the Company expects to incur, and management
is not aware of or anticipating any contingent liabilities that could impact the financial position or performance of the Company related
to its exploration and evaluation assets.

    26

Notes
to the Unaudited Condensed Interim Consolidated Financial Statements

For
the three and nine months ended September 30, 2025 and 2024

(Expressed
in Canadian dollars)

16.
GENERAL AND ADMINISTRATIVE EXPENSES

Details
of the general and administrative expenses are presented in the following table:

GENERAL
AND ADMINISTRATIVE EXPENSES

    Three
                                            months ended 
    September
    30,

    Nine
                                            months ended 
    September
    30,

    2025
    $

    2024
    $

    2025
    $

    2024
    $

    Advisory and
    consultancy

    65,696

    96,262

    122,367

    268,710

    Filing fees

    129,693

    189,783

    221,767

    460,485

    General office expenses

    86,807

    122,890

    222,949

    310,469

    Insurance

    184,625

    79,235

    337,975

    249,591

    Professional fees

    615,249