Nevada Silver : Management's Discuss & Analysis three and nine months ended 30 September 2021 - marketscreener.com

Nevada Silver Corporation (formerly NBS Capital Inc.)

Management's Discussion and Analysis

Three and nine months ended September 30, 2021 and 2020

Nevada Silver Corporation

(formerly NBS Capital Inc.)

Management's Discussion and Analysis

Three and nine months ended September 30, 2021 and 2020

Dated: November 29, 2021

The following management's discussion and analysis ("MD&A") of the financial condition and results of operations of Nevada Silver Corporation (formerly NBS Capital Inc.) ("NSC") was prepared by management of the Company as at November 29, 2021, and should be read in conjunction with the Company's unaudited condensed interim financial statements and notes thereto for the three and nine months ended September 30, 2021 (the "Financial Statements"). These condensed interim financial statements include the financial information of NBS and its wholly-owned and controlled subsidiaries, Electric Metals (USA) Limited ("EML"), Electric Metals (USA) Inc., North American Silver Corp. ("NAS") and Centennial Mining Inc., and North Star Manganese Inc. ("NSM") together the "Company". Additional information relating to the Company is available on SEDAR at www.sedar.com.

The Financial Statements have been prepared by management and have been prepared in accordance with International Financial Reporting Standards ("IFRS") issued by the International Accounting Standards Board ("IASB") and interpretations of the International Financial Reporting Interpretations Committee...



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