Company: PRMLF
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022391
Chunk: 78

Company: NexMetals Mining Corp.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 1
Chunk 78
---
     100,498  
     -  
     2,313,183 
  
    Geology 
     2,109,834  
     865,740  
     -  
     2,975,574 
  
    Mine development 
     2,205,097  
     -  
     -  
     2,205,097 
  
    Electricity 
     3,287,186  
     15,597  
     -  
     3,302,783 
  
    Engineering & technical studies 
     1,770,926  
     192,056  
     -  
     1,962,982 
  
    Geophysics 
     594,456  
     169,100  
     -  
     763,556 
  
    Freight, tools, supplies, & other consumables 
     1,153,992  
     115,345  
     -  
     1,269,337 
  
    Health & safety 
     354,612  
     4,103  
     -  
     358,715 
  
    Environmental, social & governance 
     367,508  
     -  
     -  
     367,508 
  
    Share-based compensation 
     411,631  
     205,815  
     -  
     617,446 
  
    Total 
     23,080,313  
     3,790,561  
     260,318  
     27,131,192 

Financial
Instruments

ASC
820 - Fair Value Measurement establishes a three-tier fair value hierarchy. The fair value hierarchy’s three tiers are based
on the extent to which inputs used in measuring fair value are observable in the market, and are as follows:

    Level 1: 
    Quoted prices (unadjusted)
    in active markets for identical assets or liabilities;

    Level 2: 
    Inputs other than quoted
    prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and

    Level 3: 
    One or more significant
    inputs used in a valuation technique are unobservable in determining fair values of the asset or liability.

Determination
of fair value and the resulting hierarchy