Company: PRMLF
Filing Date: 2025-03-20
Form Type: 10-K
Source: 0001641172-25-000043
Chunk: 528

Company: NexMetals Mining Corp.
Filing Date: 2025-03-20
Form: 10-K
Item: Item 9B
Chunk 528
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, suspended or vacated, relating to an
alleged violation of:

(i) Any Federal or State securities or commodities
law or regulation; or

(ii) Any law or regulation respecting financial institutions
or insurance companies including, but not limited to, a temporary or permanent injunction, order of disgorgement or restitution, civil
money penalty or temporary or permanent cease-and-desist order, or removal or prohibition order; or

(iii) Any law or regulation prohibiting mail or wire fraud or fraud in
connection with any business entity.

 ●Been the subject of, or a party to, any sanction or order, not subsequently
reversed, suspended or vacated, of any self-regulatory organization (as defined in Section 3(a)(26) of the Exchange Act (15 U.S.C. 78c(a)(26))),
any registered entity (as defined in Section 1(a)(29) of the Commodity Exchange Act (7 U.S.C. 1(a)(29))), or any equivalent exchange,
association, entity or organization that has disciplinary authority over its members or persons associated with a member.

James
Gowans was a Director of Gedex Systems Inc. (“Gedex”), a company based in Mississauga, Ontario, Canada. On August
9, 2019, Gedex filed a notice of application in the Ontario Superior Court of Justice (the “Court”) under the Companies’
Creditors Arrangement Act (the “CCAA”) requesting an order approving a sale and investor solicitation process (“SISP”)
in respect of the property, assets and undertakings of Gedex. The notice of application also sought an order appointing Zeifman Partners
Inc. (“Zeifman”) as monitor in the proceedings (in such capacity, the “Monitor”). On August 12,
2019, the Court made an order authorizing and approving, among other things, the commencement of the SISP and a stay of proceedings until
September 11, 2019. On the same date, the Court made an additional order granting Gedex protection from its creditors pursuant to the
CCAA and appointing Zeifman as the Monitor of Gedex. On August 28, 2019, the first report of the Monitor was issued and, on September
3, 2019, the Court issued a further order granting, among other things, an extension of the stay period until December 10, 2019. On December
5, 201