Company: PRMLF
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022391
Chunk: 49

Company: NexMetals Mining Corp.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 1
Chunk 49
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 NexMetals Mining Corp. contains forward-looking statements that
relate to future events or our future financial performance. These statements involve known and unknown risks, uncertainties and other
factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future
results, levels of activity, performance or achievements expressed or implied by the forward-looking statements. These risks and other
factors include those listed under “Risk Factors” in Part II, Item 1A of this Report. In some cases, you can identify
forward-looking statements by terminology such as “may,” “will,” “should,” “expects,”
“plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential,”
“continue” or the negative of these terms or other comparable terminology. Given these uncertainties, you should not place
undue reliance on these forward-looking statements. Also, forward-looking statements represent our management’s beliefs and assumptions
only as of the date hereof. You should read this Report and the documents that we have filed as exhibits to this Report completely and
with the understanding that our actual future results may be materially different from what we expect.

Except
as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results
could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the
future. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements.

Unless
otherwise indicated, all references to “$”, “C$” and “dollars” in this Report refer to Canadian dollars,
references to “US$” in this Report refer to United States dollars and references to “BWP” in this Report refer
to Botswanan pula. On September 30, 2025, the daily exchange rate: (i) for one United States dollar expressed in Canadian dollars was
US$1.00 = C$1.3921 (or C$1.00 = US$0.7183); (ii) for one Botswanan pula expressed in Canadian dollars was BWP 1.00 = C$0.1033 (or C$1.00
= BWP 9.6805); and (iii) for one Botswanan pula expressed in United States dollars was BWP 1.00 = US$0.0742 (or US$1