Company: PRMLF
Filing Date: 2025-03-20
Form Type: 10-K
Source: 0001641172-25-000043
Chunk: 495

Company: NexMetals Mining Corp.
Filing Date: 2025-03-20
Form: 10-K
Item: Item 7A
Chunk 495
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    NA

Notes:

(1)As
at December 31, 2024, Mr. Morrison held 3,938,194 Options exercisable for 3,938,194 Common Shares, and 250,000 RSUs redeemable for 250,000
Common Shares.

(2)The
                                            options granted on August 14, 2024, vest annually in equal thirds beginning on the date of
                                            grant. These options will be fully vested on August 14, 2026.

-44-

    (3)
    The
    RSUs granted on August 22, 2024, vest annually in equal thirds beginning on the first anniversary date of the grant. These RSUs will
    be fully vested on August 22, 2027.
  
    (4)
    As
    at December 31, 2024, Mr. Rawlins held 1,100,000 Options exercisable for 1,100,000 Common Shares.
  
    (5)
    As
    at December 31, 2024, Mr. Kamstra held 1,025,000 Options exercisable for 1,025,000 Common Shares, and 110,000 RSUs redeemable for
    110,000 Common Shares.
  
    (6)
    Mr.
    Martin was appointed to the Board on September 18, 2024. As at December 31, 2024, Mr. Martin held 175,000 Options exercisable for
    175,000 Common Shares, and 53,385 DSUs. 175,000 Options were received for services performed as Interim Chief Executive Officer,
    and 53,385 DSUs were received for services performed as a Director.
  
    (7)
    The
    issue price of the DSUs is based on a 5-day VWAP of PREM Common Shares prior to the last trading day of each quarter.
  
    (8)
    As
    at December 31, 2024, Mr. Hick held 190,000 Options exercisable for 190,000 Common Shares, and 408,279 DSUs.
  
    (9)
    Mr.
    Gowans was appointed to the Board on January 1, 2024. As at December 31, 2024, Mr. Gowans held 50,000 Options exercisable for 50,000
    Common Shares, and 298,389 DS