Company: PRMLF
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022391
Chunk: 2

Company: NexMetals Mining Corp.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 1
Chunk 2
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469 
  
    Nature of Operations and Going Concern (Note 1) 

    Subsequent Event (Note 17) 

The
accompanying notes are an integral part of these unaudited condensed interim consolidated financial statements.

3

Unaudited
Condensed Interim Consolidated Statements of Operations and Comprehensive Loss

(Expressed
in Canadian dollars)

     1  
     2  
     3  
     4 

    Three months ended  September 30,  
    Nine months ended  September 30, 

    2025  
    2024  
    2025  
    2024 

    Notes 
    $  
    $  
    $  
    $ 

    EXPENSES 

    General exploration expenses 
    5 
     10,658,319  
     8,628,426  
     27,131,192  
     21,937,161 
  
    Depreciation and amortization 
    6 
     494,321  
     354,581  
     1,561,471  
     1,088,483 
  
    General and administrative expenses 
    16 
     2,726,180  
     1,831,539  
     6,301,584  
     4,764,507 
  
    Investor relations and communications 
      
     1,748,375  
     106,527  
     3,891,820  
     266,619 
  
    Director fees 
      
     105,943  
     317,497  
     354,059  
     882,410 
  
    Fair value movement of DSUs 
    11(c) 
     (442,727) 
     (153,304) 
     (73,792) 
     (473,820)
  
    Net foreign exchange loss 
      
     282,941  
     146,359  
     566,184  
     360,361 
  
    LOSS FOR THE PERIOD BEFORE OTHER ITEMS 
      
     15,573,352  
     11,231,625  
     39,732,518  
     28,825,721 

    OTHER