Premium Nickel Resources Ltd
For the period ended Dec 31, 2023. Filed Jun 28, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Jun 28, 2024
NEXM$1.21-5.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations and Comprehensive Loss
| | | | | | | |
|---|---|---|---|---|---|---|
| · Year ended · · Year ended | ||||||
| · Notes · December 31, 2023 · December 31, 2022 | ||||||
| | | | | $ | | $ |
| EXPENSES | ||||||
| General and administration expenses | 20 | 8,674,041 | 7,631,027 | |||
| Depreciation | 7 | 744,783 | 96,543 | |||
| General exploration expenses | 6 | 19,179,663 | 20,157,701 | |||
| Interest and bank charges | 40,390 | 93,937 | ||||
| Share-based payments | 657,138 | 7,731,117 | ||||
| Deferred share units granted | 13 | 798,122 | 298,000 | |||
| Fair value movement of deferred shares units | 13 | (128,114) | — | |||
| Warrant fair value movement | 4 | — | (8,974,901) | |||
| Net foreign exchange loss (gain) | 395,020 | (143,777) | ||||
| | | | 30,361,043 | 26,889,647 | ||
| | | | | | | |
| OTHER ITEMS | ||||||
| Interest expenses of Promissory Note | 9 | 341,370 | 416,703 | |||
| Accretion of Promissory Note | 9 | 341,177 | — | |||
| Interest expenses of Term Loan | 10 | 793,392 | — | |||
| Accretion of Term Loan | 10 | 881,621 | — | |||
| Other interest expense | 181,997 | — | ||||
| NET LOSS BEFORE TAX | 32,900,600 | 27,306,350 | ||||
| | | | | | | |
| Deferred tax recovery | 19 | (524,531) | — | |||
| NET LOSS FOR THE YEAR | 32,376,069 | 27,306,350 | ||||
| | | | | | | |
| OTHER COMPREHENSIVE LOSS | ||||||
| Exchange differences on translation of foreign operations | 588,471 | 1,178,200 | ||||
| | | | | | | |
| TOTAL COMPREHENSIVE LOSS FOR THE YEAR | 32,964,540 | 28,484,550 | ||||
| | | | | | | |
| Basic and diluted loss per share | 0.25 | 0.25 | ||||
| Weighted average number of common shares outstanding – basic and diluted | 128,509,525 | 109,661,379 | ||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.