Nexus Uranium and Basin Uranium are pleased to announce that Nexus has completed the acquisition of all the issued and outstanding common shares of Basin as previously announced on June 26, 2025. Under the terms of the court approved plan of arrangement under the Business Corporations Act, 29,999,982 common shares of Nexus are being issued to former Basin shareholders, representing approximately 1.1 Nexus Shares for each [...]
Nexus Uranium Corp. is pleased to report assay results from its 2025 winter drill program at the Cree East Project in the Athabasca Basin, Saskatchewan. The program comprised five unconformity drill tests, one of which intersected uranium mineralization. A key outcome of the program was the delineation of a 450-metre-long prospective structural corridor within Area B. Highlights from CRE094: 0.066% U₃O₈ over 0.3 m from [...]
Nexus Uranium and Basin Uranium are pleased to announce that they have entered into a definitive arrangement agreement dated June 25, 2025, providing for, among other matters, the acquisition by Nexus of 100% of the outstanding common shares of Basin under a statutory plan of arrangement. Pursuant to the Arrangement, Nexus will issue an aggregate of 30,000,000 Nexus common shares to Basin shareholders representing [...]
Nexus Uranium Corp. 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 developments, and continued AI-driven power supply agreements, all of which have resulted in an overall improvement in the [...]
Nexus Uranium is pleased to announce it has completed its 2025 winter drill program at the Cree East Project. A total of seven diamond drill holes totalling 3,339 metres of NQ sized coring were completed with five holes successfully intersecting the sandstone-basement unconformity while two holes were abandoned due to technical issues. "Our inaugural winter drill program was met with considerable success, both in [...]
Nexus Uranium is pleased to provide an update on its ongoing drilling program at the Cree East Project. Three drill holes, totaling 1,521 m, 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 and all encountering significant structural disruption, hydrothermal alteration [...]
Nexus Uranium is pleased to announce the start of drilling as part of the 2025 winter exploration program on the Cree East project. 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 mobilized to the project site and drilling has begun with the first holes focused on Target Area B. The Cree [...]
Nexus Uranium Corp. is pleased to announce it has entered into an option agreement with River Road Resources Ltd. . 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 in the Clinton Mining District of British Columbia . The option may be exercised in [...]
Nexus Uranium Corp. 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 by Cracking River Logistics. The [...]
Nexus Uranium Corp. 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 focus on [...]
Nexus Uranium Corp. 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 [...]
Nexus Uranium Corp. 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 [...]
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