Company: PRMLF
Filing Date: 2025-03-20
Form Type: 10-K
Source: 0001641172-25-000043
Chunk: 230

Company: NexMetals Mining Corp.
Filing Date: 2025-03-20
Form: 10-K
Item: Item 1B
Chunk 230
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 consideration of the services provided by the Agents under the Private Placement, the Company paid to the Agents an aggregate cash
commission of $796,983. In connection with the Private Placement, EdgePoint exercised its participation right in respect of the Private
Placement (the “Participation Right”) and subscribed for an aggregate of 1,265,800 Common Shares.

b)Warrants

The
following summarizes Common Share purchase warrant activity:

SUMMARY
OF COMMON SHARE PURCHASE WARRANT ACTIVITY

    Year ended December 31, 

    2024  
    2023 

    Number
Outstanding  
    Weighted Average Exercise Price $  
    Number Outstanding    
    Weighted Average Exercise Price $ 
  
    Outstanding, beginning of the year 
     6,891,099  
     1.50  
     1,098,786  
     1.96 
  
    Issued 
     36,281,409  
     1.10  
     6,595,448  
     1.46 
  
    Exercised 
     -  
     -  
     (100,000) 
     (1.75)
  
    Expired 
     (645,651) 
     (2.05) 
     (703,135) 
     (1.80)
  
    Outstanding, end of the period 
     42,526,857  
     1.15  
     6,891,099  
     1.50 

At
December 31, 2024, the Company had outstanding Common Share purchase warrants exercisable to acquire Common Shares as follows: 

 SCHEDULE OF DETAILS OF WARRANTS OUTSTANDING

    Warrants Outstanding 
    Expiry Date  
    Exercise Price $ 
  
    221,448 
     February 24, 2025  
     1.75 
  
    6,024,000 
     June 28, 2026  
     1.44 
  
    20,259,614 
     June 14, 2029  
     1.10 
  
    16,021,795 
     June 21, 2029  
     1.10 
  
    42,526,857 

c)Stock
                                            Options

The
Company