Company: PRMLF
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001493152-25-011913
Chunk: 77

Company: NexMetals Mining Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 8
Chunk 77
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 be material and occur over short periods of time and which
are affected by numerous factors, all of which are beyond the Company’s control. Such factors include, but are not limited to,
actual and expected macroeconomic and political conditions, interest and exchange rates, inflation or deflation, fluctuations in the
value of the U.S. dollar and foreign currencies, global and regional supply and demand, speculative trading, the costs of and levels
of base and precious metals production, the availability and costs of substitutes, investments by commodity funds and other actions of
participants in the commodity markets. Such external economic factors are in turn influenced by changes in international investment patterns,
monetary systems, the strength of and confidence in the U.S. dollar (the currency in which the prices of base and precious metals are
generally quoted), and political developments. The effect of these factors on the prices of base and precious metals, and therefore the
economic viability of any of the Company’s exploration projects, cannot be accurately determined. The prices of commodities have
historically fluctuated widely, and future price declines could cause the development of, and any future commercial production from,
the Company’s properties to be uneconomical. As such, the Company may determine that it is not economically feasible to commence
commercial production at some or all of its properties, which could have a material adverse impact on the Company’s financial condition
and results of operations. In such a circumstance, the Company may also curtail or suspend some or all of its exploration and evaluation
activities.

51

The
Company is exposed to global economic and political instability

Global
financial and geopolitical conditions continue to create uncertainty for the mining industry. Economic disruptions and inflationary pressures
have led to rising operating costs and supply chain constraints, all of which may negatively impact the Company’s growth and financial
results. The availability and cost of fuel, electricity, equipment, explosives, and labour may remain unpredictable, affecting operational
stability. Prolonged market instability or further geopolitical events could also impact investor confidence, access to capital, and
financial market liquidity. 

The
Company is exposed to foreign currency and equity market fluctuations

The
Company is exposed to risks relating to its financial instruments and foreign currency. The Company operates in Canada, Barbados and
Botswana and undertakes transactions denominated in foreign currencies such as United States dollars, Euros, South African rand, and
the Botswanan pula, and consequently is exposed to exchange rate risks. The Company is also exposed to equity