Company: PRMLF
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001493152-25-011913
Chunk: 27

Company: NexMetals Mining Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 8
Chunk 27
---
, 2026 
     18.20  
     - 
  
     49,940  
     49,940  
    October 25, 2026 
     40.00  
     - 
  
     97,499  
     97,499  
    January 20, 2027 
     48.00  
     - 
  
     169,163  
     56,388  
    August 8, 2028 
     35.00  
     - 
  
     155,500  
     51,833  
    August 14, 2029 
     22.00  
     - 
  
     15,000  
     10,833  
    December 4, 2029 
     9.80  
     30,333 
  
     287,500  
     143,750  
    March 18, 2030 
     10.00  
     373,750 
  
     11,500  
     8,500  
    April 24, 2030 
     9.80  
     23,800 
  
     1,035,423  
     668,064  

     1,242,616 

RSUs

A
RSU is an Award that upon settlement, entitles the recipient participant to receive one Common Share. The number, terms, and vesting
conditions of RSUs awarded will be determined by the Board of Directors from time to time. The Company uses the fair value method of
accounting for the recording of RSU grants, and the fair value of the RSUs was determined based on the closing price of the Company’s
Common Shares on the grant date.

During
the six months ended June 30, 2025, the Company granted an aggregate of 158,750 RSUs to employees, directors, officers and consultants
with each RSU vesting in full on the first anniversary of the date of grant.

The
following is a continuity of the RSUs which are fixed and are not subject to vesting conditions other than service:

SCHEDULE
OF CONTINUITY OF RSU

    Six months ended  
    Year ended 

    June 30, 2025  
    December 31, 2024