Nexus Uranium Announces Private Placement of Units

Core Viewpoint - Nexus Uranium Corp. is initiating a non-brokered private placement offering to raise between $810,000 and $910,000 through the sale of units priced at $0.25 each, with the offering expected to close around November 7, 2025 [1][6]. Group 1: Offering Details - The offering consists of a minimum of 3,240,000 units and up to a maximum of 3,640,000 units, each unit comprising one common share and one transferable common share purchase warrant [1][2]. - Each warrant allows the holder to purchase an additional common share at a price of $0.55 for 24 months after the offering closes, with restrictions on exercise until the 61st day post-closing [2]. Group 2: Use of Proceeds - The proceeds from the offering will be allocated for permitting, South Dakota relations, drilling bonds, marketing and investor relations, working capital, and general corporate purposes [3]. Group 3: Regulatory and Compliance Information - The offering will be conducted under the listed issuer financing exemption in Canada, excluding Quebec, and the securities will not have resale restrictions for Canadian residents [4]. - The offering is subject to necessary approvals and compliance with Canadian Securities Exchange policies [6]. Group 4: Company Overview - Nexus Uranium is focused on uranium exploration and development in the green energy sector, holding five uranium projects in the United States and one in Canada [7].