Company: PRMLF
Filing Date: 2025-03-20
Form Type: 10-K
Source: 0001641172-25-000043
Chunk: 378

Company: NexMetals Mining Corp.
Filing Date: 2025-03-20
Form: 10-K
Item: Item 1C
Chunk 378
---
 2039 and 2044. The Company also has Barbados losses of approximately $5,531,343 (2023 - $3,085,851) which expire between 2029
and 2031. Losses in Botswana of $38,060,423 (2023 - $4,703,606) do not expire.

The
potential tax benefit of the non-capital losses has not been recognized in these consolidated financial statements. The
non-capital losses that have not been recognized expire as follows:

 SCHEDULE
OF NON-CAPITAL LOSSES

    Canada
 $

    Botswana
 $

    Barbados $ 
  
    2029

    -

       -

     1,433,260 
  
    2030

    -

    -

     1,923,940 
  
    2031

    -

    -

     2,174,143 
  
    2039

    101,573

    -

     - 
  
    2040

    351,131

    -

     - 
  
    2041

    2,756,891

    -

     - 
  
    2042

    3,402,293

    -

     - 
  
    2043

    7,624,794

    -

     - 
  
    2044

    11,506,294

    -

     - 
  
    Indefinite

    -

    38,060,423

     - 
  
    Operating
    loss carryforwards

    25,742,976

    38,060,423

     5,531,343 

    F-32

Notes
to the Consolidated Financial Statements

For
the years ended December 31, 2024 and 2023

(Expressed
in Canadian dollars)

18.
GENERAL AND ADMINISTRATIVE EXPENSES

Details
of the general and administrative expenses are presented in the following table:

GENERAL
AND ADMINISTRATIVE EXPENSES

    Year ended December 31, 

    2024 $  
    2023 $ 
  
    Advisory and consultancy 
     413,065  
     397,599 
  
    Filing fees 
     517,488  
     285,205 
  
    General office expenses 
     564,473  
     707,