Company: PRMLF
Filing Date: 2025-03-20
Form Type: 10-K
Source: 0001641172-25-000043
Chunk: 51

Company: NexMetals Mining Corp.
Filing Date: 2025-03-20
Form: 10-K
Item: Item 1A
Chunk 51
---
,516  
     31,516 
  
    Additional paid-in capital 
      
     145,025,333  
     116,069,973 
  
    Deficit 
      
     (146,987,099) 
     (104,566,816)
  
    Accumulated other comprehensive loss 
      
     (1,516,810) 
     (1,788,987)
  
    TOTAL SHAREHOLDERS’ (DEFICIENCY) EQUITY 
      
     (3,447,060) 
     9,745,686 
  
    TOTAL LIABILITIES AND SHAREHOLDERS’ (DEFICIENCY) EQUITY 
      
     24,953,469  
     37,974,205 
  
    Nature of Operations and Going Concern (Note 1) 

    Subsequent Events (Note 19) 

The
accompanying notes are an integral part of these consolidated financial statements.

Approved
by the Board of Directors on March 19, 2025.

    “signed”
    Paul
    Martin
    Director and Interim Chief Executive Officer
    “signed”
    Jason
    LeBlanc
    Director

F-4

Consolidated
Statements of Operations and Comprehensive Loss

(Expressed
in Canadian dollars)

    2024  
    2023 

    Year ended December 31, 

    2024  
    2023 

    Notes 
    $  
    $ 

    EXPENSES 

    General exploration expenses 
    5 
     29,651,360  
     22,863,740 
  
    Depreciation and amortization 
      
     1,581,270  
     744,783 
  
    General and administrative expenses 
    18 
     7,980,178  
     5,647,102 
  
    DSUs granted 
    12(e) 
     1,020,523  
     798,122 
  
    Fair value movement of DSUs 
    12(e) 
     (963,340) 
     (128,114)
  
    Net foreign exchange loss 
      
     408,086  
     395,020 
  
    LOSS FOR THE YEAR BEFORE OTHER ITEMS