Company: PRMLF
Filing Date: 2025-03-20
Form Type: 10-K
Source: 0001641172-25-000043
Chunk: 50

Company: NexMetals Mining Corp.
Filing Date: 2025-03-20
Form: 10-K
Item: Item 1A
Chunk 50
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URRENT ASSETS 

    Exploration and evaluation assets 
    5 
     8,846,821  
     8,594,798 
  
    Property, plant and equipment 
    6 
     8,488,405  
     8,700,634 
  
    TOTAL NON-CURRENT ASSETS 
      
     17,335,226  
     17,295,432 
  
    TOTAL ASSETS 
      
     24,953,469  
     37,974,205 

    LIABILITIES 

    CURRENT LIABILITIES 

    Trade payables and accrued liabilities 
    7 
     4,477,580  
     4,280,146 
  
    Lease liabilities 
    8 
     -  
     1,611,143 
  
    Current portion of DSU liability 
    12(e) 
     177,602  
     - 
  
    TOTAL CURRENT LIABILITIES 
      
     4,655,182  
     5,891,289 

    NON-CURRENT LIABILITIES 

    Vehicle financing 
      
     246,137  
     236,124 
  
    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