Company: PRMLF
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022391
Chunk: 161

Company: NexMetals Mining Corp.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 8
Chunk 161
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 Internal Control over Financial Reporting

There
were no changes in our internal control over financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act)
during the quarter ended September 30, 2025, that have materially affected, or are reasonably likely to materially affect, our internal
control over financial reporting.

45

PART
II — OTHER INFORMATION

Item
1. Legal Proceedings

From time to time, we may
be involved in litigation that arises through the normal course of business. As of the date of this filing, we are not aware of any material
legal proceedings to which we or any of our subsidiaries is a party or to which any of our property is subject, nor are we aware of any
such threatened or pending litigation or any such proceedings known to be contemplated by governmental authorities.

We are not aware of any material
proceedings in which any of our directors, officers, or affiliates or any registered or beneficial stockholder of more than 5% of our
common shares, or any associate of any of the foregoing, is a party adverse to or has a material interest adverse to, us or any of our
subsidiaries.

Item
1A. Risk Factors

Risks
and other factors include those listed under “Risk Factors” in our Quarterly Report on Form 10-Q for the quarterly period
ended June 30, 2025 and elsewhere in this Report, including the risks noted below.

We
caution readers that our business activities involve risks and uncertainties that could cause actual results to differ materially from
those currently expected by management. We described the most significant risks that could impact our results in Part II, Item 1A. “Risk
Factors” in our Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2025.

Investing in our common shares involves a high degree of risk. You should
carefully consider the risks and uncertainties described in Part I, Item 1A under the heading “Risk Factors” in our Annual
Report on Form 10-K for the year ended December 31, 2024, in addition to the other information included in this Quarterly Report on Form
10-Q before making an investment decision regarding our common shares. If any of these risks actually occur, our business, financial condition,
or operating results would likely suffer, possibly materially, the trading price of our common shares could decline, and you could lose
part or all of your