Company: PRMLF
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001493152-25-011913
Chunk: 82

Company: NexMetals Mining Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 8
Chunk 82
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, Mr. Morgan Lekstrom, has direct mine redevelopment experience in Africa through
a previously held role with Golden Star Resources in supporting the redevelopment of an underground mine in Ghana, West Africa. Mr. Lekstrom
has a diverse background and an established track record of delivering successes, including most recently, the successful building of
NexGold Mining Corp., creating a near term development company with a clear path to building two new gold mines.

The
Company also relies on the expertise of its local Botswana-based personnel, Mr. Kneipe Setlhare, Mr. Karabo Monepe, and Mr. Tidimalo
Tito and Mr. Boris Kamstra, residing in South Africa, all of whom have extensive mining and government relations experience in Botswana.

Overall,
the Company benefits from and relies on the collective wealth of expertise and experience in the Company’s business and operations
in Botswana of its Board of Directors, management, locally based personnel and technical teams.

iii.Use
                                            of and Reliance on Experts and Local Advisors

The
Company has retained local Botswanan law firms to advise on various corporate and regulatory legal issues, including the Company’s
right to conduct business in Botswana, title verification over the Botswanan assets, and has relied on advice from local counsel with
respect to such matters. Additionally, the Company has retained engineering and geoscientific services firms including SRK Consulting,
SLR Consulting, The MSA Group, DRA Global, SGS Mineral Services, and Expert Process Solutions. The Company ensures that any such counsel
or provider retained has their credentials vetted and referenced, with considerable diligence and adherence to local licences, professional
associations, and regulators.

The
Company’s officers and Board of Directors benefit from and rely on the advice and guidance provided by its Botswanan legal advisor
as well as personnel based in Botswana of new developments in local mining regimes and new requirements that come into force from time
to time, as they pertain to and affect the Company’s business and operations in Botswana. Any material developments are subject
to oversight and discussion by the Board of Directors.

iv.Language,
                                            Cultural Differences and Business Practices

English
is the official language of Botswana, in which the Audit and Risk Management Committee of the Company and the Company’s external
auditors are proficient. The most widely spoken language in Botswana is Setswana. The languages spoken by the board, management and technical
team of the Company and its subsidiaries