Nexus Uranium and Basin Uranium Announce Merger to Create North American-Focused Uranium Exploration Company
Vancouver, British Columbia--(Newsfile Corp. - June 26, 2025) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) ("Nexus") and Basin Uranium Corp. (CSE: NCLR) (CNSX: NCLR.CN) ("Basin") are pleased to announce that they have entered into a definitive arrangement agreement (the "Arrangement Agreement") dated June 25, 2025, providing for, among other matters, the acquisition by Nexus of 100% of the outstanding common shares of Basin ("Basin Shares") under a statutory plan of arrangement, (the "Arrangement"). Pursuant to the Arrangement,...
2025-06-26 8:00 AM EDT
Nexus Uranium Comments on Recent Uranium Market Developments
Vancouver, British Columbia--(Newsfile Corp. - June 5, 2025) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) ("Nexus" or the "Company") is pleased to provide an update on recent uranium market developments which positively impact the underlying fundamentals for uranium exploration, development and production. Recent market developments include the US Executive Order, spot market update, Small Modular Reactor (SMR) developments, and continued AI-driven power supply agreements, all of which have resulted in an overall improvement in the underlying uranium...
2025-06-05 6:00 AM EDT
Nexus Uranium Completes Winter Drill Program at Cree East
Vancouver, British Columbia--(Newsfile Corp. - April 29, 2025) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) ("Nexus" or the "Company") is pleased to announce it has completed its 2025 winter drill program at the Cree East Project in the Athabasca Basin, Saskatchewan. A total of seven diamond drill holes totalling 3,339 metres of NQ sized coring were completed (see Figures 1 & 2) with five holes successfully intersecting the sandstone-basement unconformity while two holes were abandoned due to...
2025-04-29 6:00 AM EDT
Nexus Uranium Provides Interim Drill Results from Cree East Project
Vancouver, British Columbia--(Newsfile Corp. - March 13, 2025) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) ("Nexus" or the "Company") is pleased to provide an update on its ongoing drilling program at the Cree East Project in the Athabasca Basin, Saskatchewan (see Figure 1). Three drill holes, totaling 1,521 metres, have been completed in Area B as part of follow-up exploration targeting uranium mineralization.Early results are highly encouraging, with one of the three holes returning elevated radiometric readings...
2025-03-13 8:00 AM EDT
Nexus Uranium Commences Drill Program at Large Cree East Project
Vancouver, British Columbia--(Newsfile Corp. - February 3, 2025) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") is pleased to announce the start of drilling as part of the 2025 winter exploration program on the Cree East project (the "Project") in the southeastern Athabasca Basin (Figure 1). The drilling program will focus on a series of new high-priority targets designed based on the results of historical drilling and re-interpreted geophysical surveys. One drill has been...
2025-02-03 6:00 AM EST
Nexus Announces Option Agreement and Issuance of Shares for Debt
Vancouver, British Columbia--(Newsfile Corp. - January 27, 2025) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") is pleased to announce it has entered into an option agreement (the "Option Agreement") with River Road Resources Ltd. ("River Road"). Pursuant to the terms of the Option Agreement, River Road has been granted an option to earn up to a 100% interest in the Company's Stobart project, comprised of two mineral claims totalling approximately 724 hectares located...
2025-01-27 9:25 AM EST
Nexus Uranium Mobilizes to Cree East Ahead of Drilling Program
Vancouver, British Columbia--(Newsfile Corp. - January 21, 2025) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") is pleased to announce the mobilization of crews to Cree East and commencement of camp construction in advance of the winter drill program at its flagship Cree East uranium project, located in the prolific Athabasca Basin, Saskatchewan.The winter drill program will utilize the facilities at the MacIntyre Lake lodge in addition to the construction of a winterized camp...
2025-01-21 6:00 AM EST
Nexus Uranium Provides Update on Upcoming Winter Drill Program
Vancouver, British Columbia--(Newsfile Corp. - January 7, 2025) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") is pleased to provide an overview of the upcoming winter drill program at its flagship Cree East uranium project, located in the prolific Athabasca Basin, Saskatchewan.The winter access ice access road construction remains ongoing with camp crew mobilization and construction anticipated over the coming week. The drill program, which is expected to commence in late January, will initially...
2025-01-07 6:00 AM EST
Nexus Uranium Announces Commencement of Winter Access Road Construction to Cree East Project
Vancouver, British Columbia--(Newsfile Corp. - December 19, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") is pleased to announce the commencement of construction of the winter access road to its flagship Cree East uranium project, located in the prolific Athabasca Basin, Saskatchewan.The ice road will provide vital seasonal access to the Cree East site, facilitating the efficient transportation of equipment, supplies, and personnel necessary for the expanded winter drill program announced earlier this...
2024-12-19 6:00 AM EST
Nexus Uranium Announces Expanded Winter Drill Program at Cree East
Vancouver, British Columbia--(Newsfile Corp. - December 16, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") is pleased to announce the launch of an expanded winter drill program at its flagship Cree East uranium project located in the Athabasca Basin, Saskatchewan. This expansion follows the recent successful closing of a $2.08 million private placement financing.The expanded program will focus on advancing exploration at identified high-priority zones within the project area. Covering over 57,000 hectares,...
2024-12-16 6:00 AM EST
Nexus Announces Closing of Private Placement Financing
Vancouver, British Columbia--(Newsfile Corp. - December 12, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") is pleased to announce that it has completed its previously announced non-brokered private placement of units the Company ("FT Units") An aggregate of 6,941,004 FT Units were issued at price of $0.30 per FT Unit to raise gross proceeds of $2,082,301.20 (the "Offering").Each FT Unit consists of one common share of the Company (a "FT Share") to be...
2024-12-12 3:04 PM EST
Nexus Announces Signing of Contractors for Winter Drill Program
Vancouver, British Columbia--(Newsfile Corp. - December 11, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") is pleased to announce the completion of contracting activities for the upcoming winter drill program at the Cree East uranium project. The program includes finalized agreements with drilling and camp service providers."We are pleased to have finalized all contracts for our winter drill program," commented Jeremy Poirier, CEO of Nexus Uranium. "This marks an important milestone in advancing...
2024-12-11 6:00 AM EST
Nexus Announces Additional Upsize of Previously Announced Financing
Vancouver, British Columbia--(Newsfile Corp. - December 9, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") is pleased to announce it has increased its previously announced non-brokered private placement from up to 6,666,666 units of the Company ("FT Units") to up to 7,000,000 FT Units. The FT Units will be issued at price of $0.30 per FT Unit to raise gross proceeds of up to $2,100,000 (the "Offering").Each FT Unit consists of one common...
2024-12-09 6:38 PM EST
Nexus Announces Drill Targets Ahead of Winter Program
Vancouver, British Columbia--(Newsfile Corp. - December 5, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") is pleased to announce the drill targets for the upcoming winter diamond drill program at the Cree East uranium project in the Athabasca Basin of Saskatchewan."We are excited to have finalized our initial targets for the upcoming drill program which is to commence in January 2025" commented Jeremy Poirier, CEO of Nexus Uranium Corp. "Leveraging over $20 million...
2024-12-05 6:00 AM EST
Nexus Announces Upsize of Previously Announced Financing
Vancouver, British Columbia--(Newsfile Corp. - December 4, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") is pleased to announce it has increased its previously announced non-brokered private placement from up to 5,000,000 units of the Company ("FT Units") to up to 6,666,666 FT Units. The FT Units will be issued at price of $0.30 per FT Unit to raise gross proceeds of up to $2,000,000 (the "Offering").Each FT Unit consists of one...
2024-12-04 4:20 PM EST
Nexus Announces Appointment of New Director
Vancouver, British Columbia--(Newsfile Corp. - December 2, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") is pleased to announce the appointment of Mr. Drew St. Laurent to the Company's Board of Directors. "We are excited to welcome Mr. St. Laurent to the Board," commented Jeremy Poirier, CEO of Nexus. "Drew's unique background provides context to the Board especially given the Company's Canadian property portfolio and ability to navigate the breadth of both stakeholders...
2024-12-02 6:00 AM EST
Nexus Announces Non-Brokered Financing of FT Units
Vancouver, British Columbia--(Newsfile Corp. - November 25, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") is pleased to announce a non-brokered private placement of up to 5,000,000 units of the Company ("FT Units") at a price of $0.30 per FT Unit to raise gross proceeds of up to $1,500,000 (the "Offering").Each FT Unit consists of one common share of the Company (a "FT Share") to be issued as a "flow-through share" within the...
2024-11-25 9:00 AM EST
Nexus Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - November 12, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") is pleased to provide an update on upcoming exploration plans for Cree East, the engagement of a financial advisor, and renewal of a marketing program. "Following the recent monetization of our interest in the Independence project for over C$1.2 million, the Company remains well capitalized and focused on advancing exploration and discovery at the Cree East uranium project,"...
2024-11-12 8:00 AM EST
Nexus Announces Repricing of Warrants
Vancouver, British Columbia--(Newsfile Corp. - October 18, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") announces the repricing of 2,400,000 common share purchase warrants with an exercise price of $0.60 and an expiry date of April 30, 2026 (the "Repriced Warrants"), to $0.36, effective immediately (the "Warrant Repricing"). Under the policies of the Canadian Securities Exchange (the "CSE"), the Warrant Repricing is subject to the unanimous consent of the registered holders of the...
2024-10-18 5:00 AM EDT
Nexus Announces Repricing of Warrants
Vancouver, British Columbia--(Newsfile Corp. - October 17, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") announces the repricing of 2,887,114 common share purchase warrants with an exercise price of $0.60 and an expiry date of June 25, 2026 (the "Repriced Warrants"), to $0.36, effective immediately (the "Warrant Repricing"). Under the policies of the Canadian Securities Exchange (the "CSE"), the Warrant Repricing is subject to the unanimous consent of the registered holders of the...
2024-10-17 1:35 PM EDT