Company: PRMLF
Filing Date: 2025-05-13
Form Type: 10-Q
Source: 0001641172-25-010011
Chunk: 33

Company: NexMetals Mining Corp.
Filing Date: 2025-05-13
Form: 10-Q
Item: Item 1
Chunk 33
---
exercise. The Black-Scholes Option Pricing Model used the following assumptions:

SCHEDULE
OF FAIR VALUE OF STOCK OPTION GRANTED

    Three months ended  
    Year ended 

    March 31, 2025  
    December 31, 2024 
  
    Expected dividend yield 
     0% 
     0%
  
    Expected forfeiture rate 
     0% 
     0%
  
    Expected share price volatility range 
     76.6-78.6% 
     74.2-79.8%
  
    Weighted average expected share price volatility 
     77.6% 
     75.9%
  
    Risk free interest rate 
     2.54% 
     2.91%-3.23%
  
    Expected life of options 
     2.5-3.0 years  
     2.5-3.5 years 

    22
     Notes to the Unaudited Condensed Interim Consolidated Financial StatementsFor the three months ended March 31, 2025 and 2024(Expressed in Canadian dollars)

Details of options outstanding as at March 31,
2025, are as follows:

SCHEDULE
OF DETAILS OF OPTIONS OUTSTANDING

    Options Outstanding  
    Options Exercisable  
    Expiry Date 
    Exercise Price $  
    Intrinsic 
Value $ 
  
     240,000  
     240,000  
    August 19, 2025 
     0.45  
     - 
  
     3,320,100  
     3,320,100  
    January 26, 2026 
     0.39  
     132,804 
  
     425,000  
     425,000  
    February 25, 2026 
     1.60  
     - 
  
     1,106,700  
     1,106,700  
    September 29, 2026 
     0.91  
     - 
  
     998,794  
     998,794  
    October 25, 2026 
     2.00  
     - 
  
     1,949,900  
     1,949,900  
    January 20, 2027 
     2