Company: PRMLF
Filing Date: 2025-03-20
Form Type: 10-K
Source: 0001641172-25-000043
Chunk: 121

Company: NexMetals Mining Corp.
Filing Date: 2025-03-20
Form: 10-K
Item: Item 1A
Chunk 121
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 Mr. Martin held 175,000 Options exercisable for
    175,000 Common Shares, and 53,385 DSUs. 175,000 Options were received for services performed as Interim Chief Executive Officer,
    and 53,385 DSUs were received for services performed as a Director.
  
    (7)
    The
    issue price of the DSUs is based on a 5-day VWAP of PREM Common Shares prior to the last trading day of each quarter.
  
    (8)
    As
    at December 31, 2024, Mr. Hick held 190,000 Options exercisable for 190,000 Common Shares, and 408,279 DSUs.
  
    (9)
    Mr.
    Gowans was appointed to the Board on January 1, 2024. As at December 31, 2024, Mr. Gowans held 50,000 Options exercisable for 50,000
    Common Shares, and 298,389 DSUs.
  
    (10)
    As
    at December 31, 2024, Mr. LeBlanc held 93,288 Options exercisable for 93,288 Common Shares, and 283,753 DSUs.
  
    (11)
    As
    at December 31, 2024, Mr. Christensen held 70,822 Options exercisable for 70,822 Common Shares, and 250,228 DSUs.
  
    (12)
    Mr.
    MacDonald was appointed to the Board on June 24, 2024. As at December 31, 2024, Mr. MacDonald held 30,000 Options exercisable for
    30,000 Common Shares, and 93,984 DSUs.
  
    (13)
    As
    at December 31, 2024, Mr. Newberry held 130,000 Options exercisable for 130,000 Common Shares, and 386,697 DSUs.
  
    (14)
    As
    at December 31, 2024, Mr. O’Reilly held 130,000 Options exercisable for 130,000 Common Shares, and 390,029 DSUs.
  
    (15)
    The
    options granted on December 4, 2024, vested in full on the date of grant.

Exercise
of Compensation Securities

No
executive officers or directors of the Company exercised compensation securities during the