Company: PRMLF
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001493152-25-011913
Chunk: 34

Company: NexMetals Mining Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 8
Chunk 34
---
678  
     8,846,821 
  
    Property, plant and equipment 

    Botswana 
     8,887,826  
     8,488,405 
  
    Property, plant and equipment 
     8,887,826  
     8,488,405 

14. CONTINGENT LIABILITIES

There
are no environmental liabilities associated with the Mines as at the acquisition dates as all liabilities incurred prior to the acquisitions
are the responsibility of the sellers, BCL and TNMC. The Company has an obligation for the rehabilitation costs arising subsequent to
the acquisitions. As of June 30, 2025, there were no material rehabilitation costs for which the Company expects to incur, and management
is not aware of or anticipating any contingent liabilities that could impact the financial position or performance of the Company related
to its exploration and evaluation assets.

15. GENERAL AND ADMINISTRATIVE EXPENSES

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

GENERAL
AND ADMINISTRATIVE EXPENSES

    2025 $  
    2024 $  
    2025 $  
    2024 $ 

    Three months ended  June 30,  
    Six months ended  June 30, 

    2025 $  
    2024 $  
    2025 $  
    2024 $ 
  
    Advisory and consultancy 
     45,182  
     112,586  
     56,671  
     172,448 
  
    Filing fees 
     59,079  
     246,747  
     92,074  
     270,702 
  
    General office expenses 
     104,127  
     94,376  
     136,142  
     187,578 
  
    Insurance 
     76,872  
     85,176  
     153,350  
     170,356 
  
    Professional fees 
     465,091  
     426,150  
     730,604  
     561,630 
  
    Salaries and management fees 
     488,660  
     503,448  
     908,671  
     1,036,681 
  
    Share-based compensation 
     676,011