Company: PRMLF
Filing Date: 2025-03-20
Form Type: 10-K
Source: 0001641172-25-000043
Chunk: 326

Company: NexMetals Mining Corp.
Filing Date: 2025-03-20
Form: 10-K
Item: Item 1C
Chunk 326
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    Provision for leave and severance 
      
     1,001,936  
     510,202 
  
    Term Loan 
    9 
     18,983,212  
     17,956,423 
  
    NSR option liability 
    10 
     2,750,000  
     2,750,000 
  
    DSU liability 
    12(e) 
     764,062  
     884,481 
  
    TOTAL NON-CURRENT LIABILITIES 
      
     23,745,347  
     22,337,230 
  
    TOTAL LIABILITIES 
      
     28,400,529  
     28,228,519 

    SHAREHOLDERS’ (DEFICIENCY) EQUITY 

    Common Shares (no par value, unlimited Common Shares authorized; 185,708,588 issued
    and outstanding) (December 31, 2023 – 149,300,920) 
    12 
     -  
     - 
  
    Preferred shares 
    12 
     31,516  
     31,516 
  
    Additional paid-in capital 
      
     145,025,333  
     116,069,973 
  
    Deficit 
      
     (146,987,099) 
     (104,566,816)
  
    Accumulated other comprehensive loss 
      
     (1,516,810) 
     (1,788,987)
  
    TOTAL SHAREHOLDERS’ (DEFICIENCY) EQUITY 
      
     (3,447,060) 
     9,745,686 
  
    TOTAL LIABILITIES AND SHAREHOLDERS’ (DEFICIENCY) EQUITY 
      
     24,953,469  
     37,974,205 
  
    Nature of Operations and Going Concern (Note 1) 

    Subsequent Events (Note 19) 

The
accompanying notes are an integral part of these consolidated financial statements.

Approved
by the Board of Directors on March 19, 2025.

    “signed”
    Paul
    Martin
    Director and Interim Chief Executive Officer
    “signed”
    Jason
    LeBlanc
    Director

F