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Nexus Uranium Corp. announces an increase in ownership of the Independence gold project in Nevada to 51.11% by diluting Americas Gold Exploration Inc. The project is seen as a low-cost, de-risked opportunity due to water rights and high gold prices.
Nexus Uranium Corp. grants 1,000,000 stock options to directors, officers, and consultants, exercisable at $0.55 per share for five years. Options have a one-year vesting period, with 25% vesting on August 1, 2024, and 25% every three months thereafter.
Nexus Uranium Corp. announced the completion of a private placement, raising $1.2 million through the issuance of 2,400,000 units at $0.50 per unit. Each unit includes a common share and a warrant exercisable at $0.60 until April 30, 2026. The company paid $61,600 and issued 130,200 warrants to finders. The proceeds will be used for option agreements, exploration work, and general corporate purposes.