Company: PRMLF
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001493152-25-011913
Chunk: 6

Company: NexMetals Mining Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 8
Chunk 6
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, may be required to include certain additional disclosures in the notes to its consolidated
financial statements.

3. CASH AND CASH EQUIVALENTS

A
summary of the Company’s cash and cash equivalents is detailed in the table below:

SCHEDULE OF CASH AND CASH EQUIVALENTS

    June 30, 2025 $  
    December 31, 2024 $ 

    Cash 
     9,176,457  
     4,015,933 
  
    Short-term deposits 
     17,287,500  
     2,090,000 
  
    Cash and cash equivalents 
     26,463,957  
     6,105,933 

4. OTHER RECEIVABLES 

A
summary of the Company’s other receivables is detailed in the table below:

SCHEDULE OF OTHER RECEIVABLES 

    June 30, 2025 $  
    December 31, 2024 $ 

    HST paid on purchases 
     709,403  
     503,235 
  
    VAT paid on purchases 
     592,845  
     468,787 
  
    Interest receivable 
     133,508  
     - 
  
    Other receivables, net 
     1,435,756  
     972,022 

5. EXPLORATION AND EVALUATION ASSETS 

The
exploration and evaluation assets of the Company consist of the acquisition costs of mining assets located in Botswana:

SCHEDULE
OF EXPLORATION AND EVALUATION ASSETS 

    Selebi $  
    Selkirk $  
    Total $ 

    Botswana  

    Selebi $  
    Selkirk $  
    Total $ 

    Balance, December 31, 2023 
     8,285,523  
     309,275  
     8,594,798 
  
    Foreign currency translation 
     242,955  
     9,068  
     252,023 
  
    Balance, December 31, 2024 
     8,528,478  
     318,343  
     8,846,821 
  
    Balance 
     8,528,478  
     318,343  
     8,846,821