Nexus Uranium Corp.

Recent News

Nexus Announces Completion of Sale of Interest in Independence JV

Vancouver, British Columbia--(Newsfile Corp. - October 8, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") is pleased to announce that it has completed the proposed sale of its 51.54% interest in the development-stage Independence project in Nevada. As previously announced, the Company had previously entered into a purchase agreement with a third-party buyer, which was subject to any exercise of the right of first refusal by America's Gold...

2024-10-08 9:00 AM EDT

Nexus Announces Proposed Sale of Interest in Independence JV

Vancouver, British Columbia--(Newsfile Corp. - August 21, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") is pleased to announce the proposed sale of its interest in the development-stage Independence project in Nevada for C$1.2 million. The Company entered into a definitive Purchase Agreement (the "Agreement") to sell its approximate 51.54%, interest in the Independence JV to a private third party (the "Buyer") on August 20th, 2024. Under the...

2024-08-21 8:00 AM EDT

Nexus Granted Multi Year Drill Permit for Cree East

Vancouver, British Columbia--(Newsfile Corp. - August 20, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") is pleased to announce the receipt of a three-year exploration permit from the Saskatchewan Ministry of Environment for the Cree East uranium project in the Athabasca Basin of Saskatchewan, Canada (the "Cree East" or the "Project"). Nexus has the right to earn up to a 75% interest in the Project from CanAlaska Uranium Ltd. ("CanAlaska") (TSX:...

2024-08-20 8:00 AM EDT

Nexus Announces Commencement of Fieldwork at Cree East

Vancouver, British Columbia--(Newsfile Corp. - June 27, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") is pleased to announce the commencement of fieldwork at the Cree East uranium project in the Athabasca Basin of Saskatchewan, Canada (the "Cree East" or the "Project"). Nexus has the right to earn up to a 75% interest in the Project from CanAlaska Uranium Ltd. (TSX: CVV) ("CanAlaska"). Mobilization for the upcoming program is anticipated to...

2024-06-27 3:05 AM EDT

Nexus Announces Closing of Flow Through Offering and Engagement of Venture Liquidity Partners

Vancouver, British Columbia--(Newsfile Corp. - June 25, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") is pleased to announce that is closed its previously announced non-brokered units of the Company ("FT Units") (the "Offering"). Pursuant to the Offering, the Company issued 2,887,114 FT Units at a price $0.52 per FT Unit to raise gross proceeds of approximately $1,500,000. Each FT Unit consists of one common share of the Company (a "FT Share") to...

2024-06-25 6:17 PM EDT

Nexus Provides Permitting Update for Cree East

Vancouver, British Columbia--(Newsfile Corp. - June 19, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") is pleased to provide an update on the proposed permitting for the Cree East uranium project in the Athabasca Basin of Saskatchewan, Canada (the "Cree East" or the "Project"). Nexus has the right to earn up to a 75% interest in the Project from CanAlaska Uranium Ltd. (TSX: CVV) ("CanAlaska"). A three-year exploration permit application was...

2024-06-19 3:05 AM EDT

Nexus Announces Non-Brokered Financing of FT Units

Vancouver, British Columbia--(Newsfile Corp. - June 12, 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 3,461,538 units of the Company ("FT Units") at a price of $0.52 per FT Unit to raise gross proceeds of up to $1,800,000 (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 meaning of the Income...

2024-06-12 9:00 AM EDT

Nexus Outlines Summer Geophysical Program

Vancouver, British Columbia--(Newsfile Corp. - June 5, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") is pleased to provide details of the proposed summer geophysical program planned for the Cree East uranium project in the Athabasca Basin of Saskatchewan, Canada (the "Cree East" or the "Project"). Nexus has the right to earn up to a 75% interest in the Project from CanAlaska Uranium Ltd. ("CanAlaska") (TSX: CVV). The proposed property-wide 1,746...

2024-06-05 6:00 AM EDT

Nexus Announces Strategic Plan for Independence Gold Project

Vancouver, British Columbia--(Newsfile Corp. - June 4, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") is pleased to provide an update of the review of strategic alternatives for the Independence Gold Project previously announced on April 2, 2024. After reviewing all available alternatives, the Company now intends to transfer its interest in the Independence Gold Project to a wholly owned subsidiary of the Company ("NewCo") which will then seek to...

2024-06-04 8:00 AM EDT

Nexus Announces Renewal of Marketing Agreement

Vancouver, British Columbia--(Newsfile Corp. - May 9, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") is announces a renewal agreement with MIC Market Information & Content Publishing GmbH ("MIC") (Address: Gerhart-Hauptmann-St. 49b 51379 Leverkusen; email: contact@micpublishing.de; phone: +49 2171-7766628) beginning May 9th, 2024 (the "Agreement") for marketing services which will continue through June 15th, 2024 or until budget exhaustion....

2024-05-09 7:00 PM EDT

Nexus Announces Increased Ownership in Independence Gold Project

Vancouver, British Columbia--(Newsfile Corp. - May 3, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") is pleased to announce an increase in the ownership of its Independence gold project in Nevada to 51.11%. The Independence gold project is a joint venture between the Company and Americas Gold Exploration Inc. ("AGEI"), whereby the Company increased its ownership from 51% to 51.11% through the dilution of AGEI for failing to make the Q1/24 cash...

2024-05-03 6:00 AM EDT

Nexus Announces Grant of Stock Options

Vancouver, British Columbia--(Newsfile Corp. - May 1, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus Uranium") announces that it has granted an aggregate of 1,000,000 stock options ("Options") to its directors, officers and consultants. Each Option is exercisable to acquire one common share at an exercise price of $0.55 for five years. The Options are subject to a one-year vesting period, with 25% of the Options vesting on August 1, 2024 and 25%...

2024-05-01 7:18 PM EDT

Nexus Announces Closing of Private Placement

Vancouver, British Columbia--(Newsfile Corp. - April 30, 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 private placement of 2,400,000 units ("Units") at a price of $0.50 per Unit to raise gross proceeds of $1,200,000 (the "Private Placement"). Each Unit consists of one common share (a "Common Share") and one common share purchase warrant (a "Warrant"). Each Warrant is...

2024-04-30 6:57 PM EDT

Nexus Provides Update on Cree East Project Permitting

Vancouver, British Columbia--(Newsfile Corp. - April 23, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus Uranium") is pleased to provide an update on permitting for the Cree East uranium project in the Athabasca Basin of Saskatchewan, Canada (the "Cree East" or the "Project"). Nexus Uranium has the right to earn up to a 75% interest in the Project from CanAlaska Uranium Ltd. (TSXV: CVV). A three-year exploration permit application for the Project was...

2024-04-23 6:00 AM EDT

Nexus Announces Granting of Water Rights for Independence Gold Project

Vancouver, British Columbia--(Newsfile Corp. - April 10, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") is pleased to announce it has been granted water rights for its Independence gold project in Nevada (the "Independence Project"). The Nevada Division of Water Resources approved both of the Company's permits effective April 3rd, 2024. The approved permits include the Independence Project and the adjacent Section 17, previously acquired in 2020...

2024-04-10 6:00 AM EDT

Nexus Announces Evaluation of Strategic Alternatives for Gold Asset

Vancouver, British Columbia--(Newsfile Corp. - April 2, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") announces that it is evaluating strategic alternatives for its development-stage Independence Gold Project in Nevada. "Given the record gold prices of over US$2,200 per ounce coupled with the market's lack of recognition of any value for our Independence project, we have determined that it is time to evaluate strategic alternatives to unlock...

2024-04-02 6:00 AM EDT

Nexus Announces Appointment of Business Development Associate

Vancouver, British Columbia--(Newsfile Corp. - March 27, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") is pleased to announce the appointment of Mr. Benjamin Asuncion to aid in the Company's business development efforts. "I am excited to welcome Benjamin to the team given his extensive experience in identifying assets, strategic M&A, and increasing investor engagement which will prove invaluable as we embark on an exciting new opportunity for the...

2024-03-27 6:00 AM EDT

Nexus Announces Listed Issuer Financing Exemption (Life) Non-Brokered Financing of Units

Vancouver, British Columbia--(Newsfile Corp. - March 21, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") is undertaking a non-brokered private placement of a minimum of 1,333,333 units ("Units") at a price of $0.60 per Unit to raise minimum gross proceeds of $800,000 and a maximum of 2,000,000 Units to raise maximum gross proceeds of $1,200,000 (the "Offering"). The Offering is structured to take advantage of the listed issuer financing exemption...

2024-03-21 6:00 PM EDT

Nexus Signs Definitive Option to Acquire Cree East Project in Athabasca Basin

Vancouver, British Columbia--(Newsfile Corp. - March 19, 2024) - 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 CanAlaska Uranium Ltd. (TSXV: CVV) ("CanAlaska"), dated as of March 18th, 2024 pursuant to which Nexus has the right to acquire up to a 75%-interest in the Cree East uranium project located in the Athabasca Basin of Saskatchewan, Canada (the "Cree East...

2024-03-19 6:00 AM EDT

Nexus Announces Acquisition of Extensive Historical Data Set for Wray Mesa

Vancouver, British Columbia--(Newsfile Corp. - February 29, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") is pleased to announce it has acquired a significant historical data set covering its Wray Mesa uranium project in Utah, USA. The database includes results from extensive historical exploration by Atlas Minerals in the 1970's and 1980's covering the Wray Mesa project and surrounding area. The acquisition of the database was facilitated by the...

2024-02-29 6:00 AM EST

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