Nexus Uranium Announces Effective Date of Share Consolidation

Core Points - Nexus Uranium Corp. will undergo a share consolidation effective October 21, 2025, with a ratio of one post-consolidation share for every ten pre-consolidation shares [1][2] - The total number of issued and outstanding shares will decrease from approximately 72,963,884 to about 7,296,386 shares [2] - The consolidation will also proportionately adjust the exercise or conversion price and the number of shares issuable under the company's outstanding convertible securities [3] Shareholder Information - Registered shareholders with physical certificates will receive a letter of transmittal from Endeavor Trust Corporation for exchanging their existing certificates [4] - No action is required from registered shareholders holding shares in book-entry form or non-registered shareholders [4] - The company name and trading symbol will remain unchanged post-consolidation, with new CUSIP and ISIN numbers provided for the post-consolidation shares [5] Company Overview - Nexus Uranium is a Canadian uranium exploration company focused on mineral exploration and development in the green energy sector [6] - The company holds five uranium projects in the United States and one project in the Athabasca Basin of northern Saskatchewan, Canada [6]