Company: PRMLF
Filing Date: 2025-03-20
Form Type: 10-K
Source: 0001641172-25-000043
Chunk: 56

Company: NexMetals Mining Corp.
Filing Date: 2025-03-20
Form: 10-K
Item: Item 1A
Chunk 56
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ables and accrued expenses 
      
     197,434  
     254,430 
  
    Deferred share units redemption 
    12(e) 
     -  
     (83,527)
  
    Net cash used in operating activities 
      
     (37,599,434) 
     (29,462,860)

    INVESTING ACTIVITIES 

    Acquisition of property, plant and equipment 
      
     (1,022,231) 
     (4,771,081)
  
    Expenditures on exploration and evaluation assets 
    5 
     -  
     (483,883)
  
    Net cash used in investing activities 
      
     (1,022,231) 
     (5,254,964)

    FINANCING ACTIVITIES 

    Proceeds from issuance of units 
      
     27,499,999  
     39,774,313 
  
    Share issue costs 
      
     (358,746) 
     (2,808,231)
  
    Proceeds from exercise of options and warrants 
      
     -  
     175,000 
  
    Term Loan proceeds, net of fees 
      
     -  
     19,605,000 
  
    A&R Promissory Note repayment 
    11 
     -  
     (7,000,000)
  
    Vehicle loan repayments, net of financing 
      
     (6,155) 
     (115,830)
  
    Lease payments 
    8 
     (1,788,454) 
     (2,241,906)
  
    NSR Option 
    10 
     -  
     2,750,000 
  
    Net cash provided by financing activities 
      
     25,346,644  
     50,138,346 

    Effect of exchange rate changes on cash and cash equivalents 
      
     135,326  
     (1,337,885)
  
    Change in cash and cash equivalents for the year 
      
     (13,139,695) 
     14,082,637 
  
    Cash and cash equivalents at the beginning of the year 
      
     19,245