Company: PRMLF
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001493152-25-011913
Chunk: 79

Company: NexMetals Mining Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 8
Chunk 79
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 challenges, disputes, or termination
of any one or more of the Company’s mining or exploration concessions, property holdings or titles could have a material adverse
effect on the Company’s financial condition or results of operations.

Changes
in tax legislation or accounting rules could affect the profitability of the Company

Changes
to, or differing interpretation of, taxation laws in Canada, Barbados, Botswana, or any of the countries in which the Company’s
assets or relevant contracting parties are located, could result in some or all of the Company’s profits being subject to additional
taxation. New taxation rules or accounting policies enacted could result in the Company’s profits being subject to additional taxation
and could have a material adverse effect on the Company’s profitability, results of operations, financial condition and the trading
price of the Company’s securities. In addition, the introduction of new tax rules or accounting policies, or changes to, or differing
interpretations of, or application of, existing tax rules or accounting policies could make acquiring additional resource properties
by the Company less attractive to counterparties. Such changes could adversely affect the Company’s ability to acquire new assets
or make future investments.

The
Company is subject to anti-bribery and anti-corruption laws

The
Company and its employees, officers, directors, contractors, and third-party agents are subject to policies governing ethical business
conduct and practices, which include compliance with anti-corruption and anti-bribery laws. In recent years, there has been a general
increase in both the frequency of enforcement and the severity of penalties under such laws, resulting in greater scrutiny and punishment
to corporations convicted of violating such laws. Furthermore, a corporation may be found liable for violations by not only its employees,
but also by its contractors and third-party agents.

The
measures which NEXM has adopted, including the Company’s Code of Business Conduct and Ethics and Whistle Blowing Policy,
may not be effective in ensuring individuals comply with such laws. Enforcement action or violations of such laws may result in significant
fines, penalties, and/or sanctions imposed on the Company which could have a material adverse effect on its reputation, business, financial
condition and results of operations.

Compliance
with laws and regulations, including changes to such laws or regulations, could adversely affect the Company’s results of operations.

Exploration,
development, and operations on the Company’s properties will be affected to varying degrees by: (i) government regulations relating
to such matters as environmental protection, health, safety and labor