Nexus Uranium Applauds U.S. Govt's Designation of Uranium as a Critical Mineral

Rhea-AI Summary

Nexus Uranium (OTCQB: GIDMD) on November 12, 2025 applauded the U.S. Government's addition of uranium to the USGS Final 2025 Critical Minerals List.

The company said the designation recognizes uranium's role in U.S. energy security and clean energy, could help streamline permitting, and may strengthen the investment case for responsible domestic uranium development. Nexus reaffirmed its strategic focus on advancing its uranium project portfolio to serve growing domestic demand.

Positive

• Uranium added to USGS Final 2025 Critical Minerals List (Nov 12, 2025)
• Company expects designation to streamline permitting and strengthen investment case

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• None.

Vancouver, British Columbia--(Newsfile Corp. - November 12, 2025) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMD) (FSE: 3H1) ("Nexus" or the "Company") applauds the U.S. Government's decision to add uranium to the U.S. Geological Survey's ("USGS") Final 2025 Critical Minerals List, as published in the Federal Register, recognizing uranium's essential role in America's energy security and clean energy transition. The addition of uranium to the USGS Critical Minerals List strengthens domestic uranium sector and reinforces NEXUS Uranium's strategic position.

"We commend the U.S. Government, particularly Interior Secretary Doug Burgum and the U.S. Geological Survey, for recognizing uranium's critical importance to America's energy independence and national security," commented Jeremy Poirier, CEO of Nexus Uranium. "This designation represents a watershed moment for the North American uranium sector and validates our strategic focus on advancing our portfolio of uranium projects. As a company with significant uranium resources positioned to assist with supplying the growing domestic market, NEXUS is committed to supporting President Trump's vision of restoring America's leadership in critical minerals and achieving energy dominance. This designation will help streamline permitting processes and strengthen the investment case for responsible uranium development."

The Energy Act of 2020 empowers the Secretary of the Interior to designate minerals as critical when federal agencies determine they are strategic to U.S. defense or national security. The Department of Energy recommended uranium's inclusion based on its vital role in nuclear energy production and defense applications, with the Department of Defense emphasizing its national security significance.

The Federal Register Notice states:

"Critical minerals are essential for national security, economic stability, and supply chain resilience because they underpin key industries, drive technological innovation, and support critical infrastructure vital for a modern American economy. The United States is heavily reliant on imports of certain mineral commodities from foreign sources, some of which are at risk of serious, sustained, and long-term supply chain disruptions. The United States' dependence on imports and the vulnerability of supply chains raise the potential for risks to national security, defense readiness, price stability, and economic prosperity and resilience. The Nation possesses vast mineral resources that can create jobs, fuel prosperity, and significantly reduce our reliance on foreign nations, and the United States is taking actions to facilitate domestic mineral production. The List of Critical Minerals guides strategies to secure the Nation's mineral supply chains."

About Nexus Uranium Corp.

Nexus Uranium is a Canadian uranium exploration company focused on mineral exploration and development in the green energy sector. The Company holds five uranium projects in the United States: Chord and Wolf Canyon in South Dakota; South Pass and Great Divide Basin in Wyoming; and Wray Mesa in Utah. These projects have seen extensive historical exploration and are located in prospective development areas. Nexus also holds the Mann Lake uranium project in the Athabasca Basin of northern Saskatchewan, Canada.

Following the recent merger with Basin Uranium Corp., Nexus has consolidated a portfolio of advanced-stage uranium assets positioned to benefit from the growing demand for nuclear energy and domestic uranium production.

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FOR FURTHER INFORMATION PLEASE CONTACT:
Jeremy Poirier
Chief Executive Officer
(604) 722-9842
info@nexusuranium.com

Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements regarding the Company's exploration and development plans, the addition of uranium to the USGS Critical Minerals List helping to streamline permitting processes and strengthen the investment case for responsible uranium development, the potential for uranium mineralization, and the Company's future operations. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes", "will" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is based on the opinions and estimates of management as of the date such statements are made and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company will not update any forward-looking statements or information that are incorporated by reference herein, except as required by applicable securities laws.

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273899

FAQ

What did Nexus Uranium announce on November 12, 2025 about uranium and GIDMD?

Nexus said uranium was added to the USGS Final 2025 Critical Minerals List and highlighted potential permitting and investment benefits for GIDMD.

How does the USGS Critical Minerals designation affect Nexus Uranium (GIDMD)?

The company said the designation could streamline permitting and strengthen the investment case for domestic uranium development.

Why did the U.S. government add uranium to the USGS 2025 list?

The Federal Register cites uranium's role in national security, energy production, and supply chain resilience as reasons for inclusion.

Does the designation create immediate funding or contracts for Nexus Uranium (GIDMD)?

The announcement does not state any immediate funding or contracts; it describes policy recognition and potential regulatory benefits.

Which U.S. agencies supported uranium's inclusion on the 2025 Critical Minerals List?

The Department of Energy recommended inclusion and the Department of Defense emphasized uranium's national security significance.

How might the designation influence U.S. uranium supply and domestic projects like Nexus (GIDMD)?

The designation is intended to facilitate domestic mineral production and could improve the operating and investment environment for domestic uranium projects.