Nexus Uranium Corp - Mining Stock Analysis & Updates
Latest News and Market Performance for Nexus Uranium Corp
Perm ID: 1-5061209096
https://goldenindependence.co/
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Nexus Uranium Comments on Recent Uranium Market Developments
Uranium market improves due to US policies, rising spot prices, SMR approvals, and AI demand, boosting exploration and development prospects, with Nexus awaiting drill results.
Nexus Uranium Provides Interim Drill Results from Cree East Project
Nexus Uranium Corp. updates on its drilling program at the Cree East Project, reporting encouraging results from three drill holes, particularly CRE-094, which revealed significant structural alterations and elevated radioactivity, indicating potential uranium mineralization.
Nexus Uranium Commences Drill Program at Large Cree East Project
Nexus Uranium Corp. has commenced drilling for its 2025 winter exploration program at the Cree East project in the Athabasca Basin. The program targets new high-priority areas based on historical data and is the first drilling in over a decade.
Nexus Announces Option Agreement and Issuance of Shares for Debt
Nexus Uranium Corp. has entered an option agreement with River Road Resources for River Road to earn up to 100% interest in the Stobart project in British Columbia. The agreement includes financial and share issuance conditions. Additionally, Nexus plans to issue shares as payment for an advisory fee.
Nexus Uranium Mobilizes to Cree East Ahead of Drilling Program
Nexus Uranium Corp. has mobilized crews and begun camp construction for its winter drill program at the Cree East uranium project in Saskatchewan's Athabasca Basin. The program aims to explore high-priority targets, supported by completed access roads and facilities.
Nexus Uranium Provides Update on Upcoming Winter Drill Program
Nexus Uranium Corp. is set to begin a winter drill program at its Cree East uranium project in Saskatchewan, focusing on testing various areas with historical uranium enrichment. The program follows extensive research and significant prior investment, aiming to enhance project understanding.
Nexus Uranium Announces Commencement of Winter Access Road Construction to Cree East Project
Nexus Uranium Corp. has begun constructing a winter access road to its Cree East uranium project in Saskatchewan, enhancing logistics for an expanded drill program. The initiative supports operational efficiency, safety, and sustainability, aiming to advance exploration in the region.
Nexus Uranium Announces Expanded Winter Drill Program at Cree East
Nexus Uranium Corp. is launching an expanded winter drill program at its Cree East uranium project in Saskatchewan, following a $2.08 million financing. The project aims to enhance exploration in key areas, reflecting the company's commitment to sustainable energy and shareholder value.
Nexus Announces Closing of Private Placement Financing
Nexus Uranium Corp. announced a successful non-brokered private placement, raising $2.08 million by issuing 6,941,004 flow-through units at $0.30 each. Proceeds will fund exploration at the Cree East uranium project in the Athabasca Basin.
Nexus Announces Signing of Contractors for Winter Drill Program
Nexus Uranium Corp. announced the completion of contracts for its winter drill program at the Cree East uranium project, marking a key milestone. Drilling is set to begin in January 2025, with contracts awarded to Athabasca Catering and Cyr Drilling.
Nexus Announces Additional Upsize of Previously Announced Financing
Nexus Uranium Corp. has increased its non-brokered private placement to 7,000,000 flow-through units at $0.30 each, aiming to raise up to $2.1 million for Canadian exploration expenses at the Cree East uranium project, subject to regulatory approvals.
Nexus Announces Drill Targets Ahead of Winter Program
Nexus Uranium Corp. announced drill targets for the Cree East uranium project in Saskatchewan, set to begin in January 2025. CEO Jeremy Poirier highlighted Area B for initial drilling due to past excellent results. The company aims to leverage over $20 million from previous explorations.
Nexus Announces Upsize of Previously Announced Financing
Nexus Uranium Corp. has increased its non-brokered private placement from 5 million to 6.67 million units at $0.30 each, aiming to raise up to $2 million for exploration expenses at its Cree East uranium project, pending necessary approvals.
Nexus Announces Appointment of New Director
Nexus Uranium Corp. has appointed Mr. Drew St. Laurent to its Board of Directors. His expertise in Indigenous education and health sciences is expected to enhance the Board's effectiveness. He received stock options as part of his appointment and has a focus on uranium and precious metals development.
Nexus Announces Non-Brokered Financing of FT Units
Nexus Uranium Corp. has announced a non-brokered private placement of up to 5,000,000 units at a price of $0.30 per unit to raise up to $1,500,000. Each unit includes one common share and one share purchase warrant, which can be used to acquire another share for 18 months at a price of $0.40. The proceeds will be used for Canadian exploration expenses and mining expenditures at the Cree East uranium project in the Athabasca Basin. The completion of the offering is subject to various approvals, including from the Canadian Securities Exchange.
Nexus Provides Corporate Update
Nexus Uranium Corp. has announced plans to begin exploration at the Cree East uranium project in January 2025, following monetization of their interest in the Independence project, which raised over C$1.2 million. The company has also engaged Canaccord Genuity Corp. as a financial advisor to assist in finding strategic opportunities and improving access to capital. Canaccord will be compensated C$75,000 in shares. Nexus Uranium is also renewing a marketing program. The details of the Cree East drill program will be announced later in the month.