Company: PRMLF
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022391
Chunk: 126

Company: NexMetals Mining Corp.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 8
Chunk 126
---
 2025
    $

    2024
    $

    Advisory and
    consultancy

    65,696

    96,262

    122,367

    268,710

    Filing fees

    129,693

    189,783

    221,767

    460,485

    General office expenses

    86,807

    122,890

    222,949

    310,469

    Insurance

    184,625

    79,235

    337,975

    249,591

    Professional fees

    615,249

    363,868

    1,345,853

    925,498

    Salaries and management
    fees

    378,264

    430,725

    1,286,935

    1,467,406

    Severance
    and transition costs

    728,611

    -

    728,611

    -

    Share-based
    compensation

    537,235

    548,776

    2,035,127

    1,082,348

    Total

    2,726,180

    1,831,539

    6,301,584

    4,764,507

For
the three and nine months ended September 30, 2025, the Company incurred $728,611 in severance and transition costs related to the departure
of the Company’s former Chief Financial Officer (three and nine months ended September 30, 2024 – $nil).

17.
SUBSEQUENT EVENT

On October 28, 2025, the Company announced a brokered “best efforts” public offering in Canada and concurrent private
placement in the United States (the “Offering”). On October 30, 2025, the Company announced an upsizing of the
Offering to 14,035,100 units
of the Company (the “November 2025 Units”) at a price of $5.70 per
November 2025 Unit for aggregate gross proceeds of up to $80,000,070.

Each
November 2025 Unit will consist of one Common Share and one common share purchase warrant of the Company (each, a “November
2025 Warrant”). Each November 2025 Warrant will entitle the holder to