Company: PRMLF
Filing Date: 2025-03-20
Form Type: 10-K
Source: 0001641172-25-000043
Chunk: 120

Company: NexMetals Mining Corp.
Filing Date: 2025-03-20
Form: 10-K
Item: Item 1A
Chunk 120
---

    DSUs
    DSUs
    DSUs
     
    30,000
    50,000
    55,555
    63,354
    40,000
     
    Aug
    14, 2024
    Mar 31, 2024
    Jun 30, 2024
    Sep 30, 2024
    Dec 31, 2024
     
    1.10
    0.90
    0.81
    0.70
    0.45
     
    0.81
    1.00
    0.83
    0.79
    0.44
     
    0.44
    0.44
    0.44
    0.44
    0.44
     
    Aug
    14, 2029
    NA
    NA
    NA
    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,