Company: PRMLF
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022391
Chunk: 125

Company: NexMetals Mining Corp.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 8
Chunk 125
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 Barbados and Canada. The Company’s geographic segments are as follows:

SCHEDULE OF INFORMATION ABOUT COMPANY’S GEOGRAPHIC SEGMENTS

    September 30, 2025 $  
    December 31, 2024 $ 
  
    Current assets 

    Canada 
     10,939,252  
     4,066,121 
  
    Barbados 
     471,513  
     89,446 
  
    Botswana 
     5,093,943  
     3,462,676 
  
    Total 
     16,504,708  
     7,618,243 
  
    Current assets 
     16,504,708  
     7,618,243 

    Exploration and evaluation assets 

    Botswana 
     8,471,766  
     8,846,821 
  
    Exploration and evaluation assets  
     8,471,766  
     8,846,821 

    Property, plant and equipment 

    Botswana 
     9,062,031  
     8,488,405 
  
    Property, plant and equipment 
     9,062,031  
     8,488,405 

15.
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 September 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.

    26

Notes
to the Unaudited Condensed Interim Consolidated Financial Statements

For
the three and nine months ended September 30, 2025 and 2024

(Expressed
in Canadian dollars)

16.
GENERAL AND ADMINISTRATIVE EXPENSES

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

GENERAL
AND ADMINISTRATIVE EXPENSES

    Three
                                            months ended 
    September
    30,

    Nine
                                            months ended 
    September
    30,

    2025
    $

    2024
    $