Company: PRMLF
Filing Date: 2025-03-20
Form Type: 10-K
Source: 0001641172-25-000043
Chunk: 194

Company: NexMetals Mining Corp.
Filing Date: 2025-03-20
Form: 10-K
Item: Item 1B
Chunk 194
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    Fair value movement of DSUs 
    12(e) 
     (963,340) 
     (128,114)
  
    Share-based compensation 
    12(c)(d) 
     1,955,143  
     657,138 
  
    Depreciation 
      
     1,581,270  
     744,783 
  
    Provision for leave and severance 
      
     470,858  
     332,261 
  
    Accrued interest and accretion on loans 
      
     2,844,336  
     2,001,674 
  
    Deferred tax recovery 
    17 
     -  
     (524,531)
  
    Accrued interest on lease liability 
    8 
     114,335  
     301,098 
  
    Other income 
      
     (252,999) 
     - 
  
    Changes in non-cash working capital and non-current liability 

    Prepaid expenses and other receivables 
      
     (348,655) 
     (157,790)
  
    Trade payables and accrued expenses 
      
     197,434  
     254,430 
  
    Deferred share units redemption 
    12(e) 
     -  
     (83,527)
  
    Net cash used in operating activities 
      
     (37,599,434) 
     (29,462,860)

    INVESTING ACTIVITIES 

    Acquisition of property, plant and equipment 
      
     (1,022,231) 
     (4,771,081)
  
    Expenditures on exploration and evaluation assets 
    5 
     -  
     (483,883)
  
    Net cash used in investing activities 
      
     (1,022,231) 
     (5,254,964)

    FINANCING ACTIVITIES 

    Proceeds from issuance of units 
      
     27,499,999  
     39,774,313 
  
    Share issue costs 
      
     (358,746) 
     (2,808,231)
  
    Proceeds from exercise of options and warrants