Company: PRMLF
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022391
Chunk: 67

Company: NexMetals Mining Corp.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 1
Chunk 67
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 that affect the Company’s exploration
and evaluation activities.

The
following table summarizes the Company’s operations for the three- and nine-month periods ended September 30, 2025, and September
30, 2024:

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

    2025  
    2024  
    2025  
    2024 

    $  
    $  
    $  
    $ 

    EXPENSES 

    General exploration expenses 
     10,658,319  
     8,628,426  
     27,131,192  
     21,937,161 
  
    Depreciation and amortization 
     494,321  
     354,581  
     1,561,471  
     1,088,483 
  
    General and administrative expenses 
     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 
     (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 ITEMS 

    Interest (income) expense, net 
     (70,381) 
     (13,388) 
     (323,276) 
     2,433 
  
    Interest expense and accretion on Term Loan 
     -  
     786,723  
     428,371  
     2,317,178