Company: PRMLF
Filing Date: 2025-05-13
Form Type: 10-Q
Source: 0001641172-25-010011
Chunk: 6

Company: NexMetals Mining Corp.
Filing Date: 2025-05-13
Form: 10-Q
Item: Item 1
Chunk 6
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 interest and accretion on loans 
      
     170,847  
     240,904 
  
    Accrued interest on lease liability 
      
     -  
     69,700 
  
    Loss on Term Loan extinguishment 
    8 
     5,982,434  
     - 
  
    Changes in non-cash working capital 

    Prepaid expenses and other receivables 
      
     282,670  
     142,492 
  
    Trade payables and accrued expenses 
      
     768,263  
     (523,454)
  
    Net cash used in operating activities 
      
     (6,294,964) 
     (8,485,949)

    INVESTING ACTIVITIES 

    Acquisition of property, plant and equipment 
    6 
     (50,033) 
     (1,051,902)
  
    Net cash used in investing activities 
      
     (50,033) 
     (1,051,902)

    FINANCING ACTIVITIES 

    Proceeds from issuance of units 
    10(a) 
     46,000,000  
     - 
  
    Share issue costs 
    8 
     (397,250) 
     - 
  
    Vehicle loan repayments, net of financing 
      
     (34,518) 
     (24,840)
  
    Lease payments 
      
     -  
     (329,635)
  
    Net cash provided by (used in) financing activities 
      
     45,568,232  
     (354,475)

    Effect of exchange rate changes on cash and cash equivalents 
      
     137,671  
     13,519 
  
    Change in cash and cash equivalents for the period 
      
     39,360,906  
     (9,878,807)
  
    Cash and cash equivalents at the beginning of the period 
      
     6,105,933  
     19,245,628 
  
    Cash and cash equivalents at the end of the period 
      
     45,466,839  
     9,366,821 

    Supplemental cash flow information