Nexus Uranium Announces Proposed Share Consolidation
Nexus Uranium (OTCQB: GIDMF) announced a proposed share consolidation on a 1-for-10 basis effective after CSE acceptance and issuance of new CUSIP/ISIN numbers.
The company currently has 72,963,884 common shares outstanding and expects approximately 7,296,388 shares outstanding on a post-consolidation basis. The name and stock symbol will remain unchanged.
No fractional shares will be issued: fractions less than 0.5 will be cancelled and fractions of at least 0.5 will be rounded up to one whole share. Exercise prices and quantities of outstanding convertible securities, including options and warrants, will be adjusted according to the consolidation ratio. The post-consolidation trading date will be announced later in consultation with the Canadian Securities Exchange.
Nexus Uranium (OTCQB: GIDMF) ha annunciato un consolidamento azionario proposto su base 1 per 10, efficace dopo l'accettazione da parte del CSE e l'emissione di nuovi numeri CUSIP/ISIN.
Attualmente l'azienda ha 72.963.884 azioni ordinarie in circolazione e si prevede che, a seguito del consolidamento, ci saranno circa 7.296.388 azioni in circolazione post-consolidamento. Il nome e il simbolo di negoziazione rimarranno invariati.
Non verranno emesse azioni frazionarie: le frazioni inferiori a 0,5 verranno annullate e le frazioni di almeno 0,5 verranno arrotondate all'azione intera successiva. I prezzi di esercizio e le quantità dei titoli convertibili esistenti, comprese opzioni e warrant, saranno adeguati secondo il rapporto di consolidamento. La data di negoziazione post-consolidamento sarà annunciata in seguito in consultazione con la Canadian Securities Exchange.
Nexus Uranium (OTCQB: GIDMF) anunció una propuesta de consolidación de acciones en una base de 1 por 10, efectiva tras la aceptación por parte de la CSE y la emisión de nuevos números CUSIP/ISIN.
La compañía tiene actualmente 72.963.884 acciones ordinarias en circulación y espera que haya aproximadamente 7.296.388 acciones en circulación tras la consolidación. El nombre y el símbolo de la acción permanecerán sin cambios.
No se emitirán acciones fraccionarias: las fracciones menores de 0,5 se cancelarán y las fracciones de al menos 0,5 se redondearán a una acción entera. Los precios de ejercicio y las cantidades de los valores convertibles existentes, incluidas opciones y warrants, se ajustarán de acuerdo con la razón de consolidación. La fecha de negociación post-consolidación se anunciará más adelante en consulta con la Canadian Securities Exchange.
Nexus Uranium (OTCQB: GIDMF)는 새로운 주식 병합을 1 대 10 비율로 제안하였으며, CSE의 승인을 받고 새로운 CUSIP/ISIN 번호가 발행된 후에 효력이 발생합니다.
회사는 현재 72,963,884주의 보통주가 발행되어 있으며, 병합 후 약 7,296,388주가 발행될 것으로 예상합니다. 이름과 주식 기호는 변경되지 않습니다.
소수 주식은 발행하지 않습니다: 0.5 미만의 소수점은 취소되며, 최소 0.5의 소수점은 한 주로 반올림됩니다. 행사 가격과 옵션 및 워런트를 포함한 기존 전환가능 증권의 수량은 병합 비율에 따라 조정됩니다. 병합 후 거래 개시는 Canadian Securities Exchange와 협의하여 추후 발표됩니다.
Nexus Uranium (OTCQB: GIDMF) a annoncé une consolidation d'actions proposée sur une base de 1 pour 10, effective après l'acceptation par le CSE et l'émission de nouveaux numéros CUSIP/ISIN.
La société compte actuellement 72 963 884 actions ordinaires en circulation et prévoit qu'il y aura environ 7 296 388 actions en circulation après la consolidation. Le nom et le symbole boursier resteront inchangés.
Aucune action fractionalisée ne sera émise : les fractions inférieures à 0,5 seront annulées et les fractions d'au moins 0,5 seront arrondées à une action entière. Les prix d'exercice et les quantités des titres convertibles existants, y compris les options et les warrants, seront ajustés selon le ratio de consolidation. La date de négociation post-consolidation sera annoncée ultérieurement en consultation avec l'échange canadien des valeurs mobilières.
Nexus Uranium (OTCQB: GIDMF) hat eine vorgeschlagene Aktienzusammenlegung im Verhältnis 1 zu 10 angekündigt, die nach der Annahme durch die CSE und der Ausgabe neuer CUSIP/ISIN-Nummern in Kraft tritt.
Das Unternehmen hat derzeit 72.963.884 ausstehende Stammaktien und erwartet nach der Zusammenlegung ungefähr 7.296.388 ausstehende Aktien. Der Name und das Börsenkürzel bleiben unverändert.
Es werden keine Bruchteile ausgegeben: Bruchteile unter 0,5 werden gestrichen, Bruchteile von mindestens 0,5 werden auf eine ganze Aktie aufgerundet. Ausübungspreise und Mengen bestehender Wandel-/Umtauschwerte, einschließlich Optionen und Warrants, werden entsprechend dem Konsolidierungsverhältnis angepasst. Der Post-Closing-Handelstag wird zu einem späteren Zeitpunkt in Abstimmung mit der Canadian Securities Exchange bekannt gegeben.
Nexus Uranium (OTCQB: GIDMF) أعلنت عن دمج أسهم مقترح بنسبة 1 مقابل 10 يصبح سارياً بعد قبول CSE وإصدار أرقام CUSIP/ISIN جديدة.
الشركة لديها حالياً 72,963,884 سهم عادي قائم وتتوقع أن يكون هناك حوالي 7,296,388 سهم قائم بعد الدمج. سيتبقى الاسم ورمز السهم بدون تغيير.
لن يتم إصدار أسهم كسور: سيتم إلغاء الكسور الأقل من 0.5 وتُقرب الكسور التي تبلغ 0.5 أو أكثر إلى سهم واحد كامل. ستُعدل أسعار الإضراب وكميات الأوراق المالية القابلة للتحويل القائمة، بما فيها الخيارات والضمانات، وفقاً لنسبة الدمج. سيتم الإعلان عن تاريخ التداول بعد الدمج لاحقاً بالتشاور مع بورصة الأوراق المالية الكندية.
Nexus Uranium (OTCQB: GIDMF) 宣布了一项拟议中的股票合并，以1比10为基础，待CSE批准并发行新的CUSIP/ISIN号码后生效。
公司目前在外流通的普通股为72,963,884股，合并后预计大约会有7,296,388股在外流通。名称和股票代码保持不变。
不发放分股：不足0.5的分数将被取消，至少0.5的分数将四舍五入为整股。现有可转换证券（包括期权和认股权证）的行使价格和数量将按合并比率进行调整。合并后的交易日期将于稍后与加拿大证券交易所协商后公布。
- Outstanding share count reduced by ~90% to ~7,296,388 post-consolidation
- Convertible securities' exercise prices and share amounts will be adjusted to preserve contractual economics
- Fractional holdings under 0.5 of a share will be cancelled, causing small share losses for affected holders
- Consolidation is subject to CSE acceptance and new CUSIP/ISIN issuance, creating timing uncertainty
Vancouver, British Columbia--(Newsfile Corp. - October 10, 2025) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) ("Nexus" or the "Company") announces that it intends to consolidate all its issued and outstanding common shares on the basis of one (1) new common share (the "Shares") for every ten (10) existing common shares of the Company (the "Consolidation").
As of the date hereof, the Company currently has 72,963,884 common shares issued and outstanding. The Consolidation will reduce the number of outstanding shares to approximately 7,296,388 shares issued and outstanding on a post-Consolidation basis. The Company's name and stock symbol will remain unchanged following the Consolidation.
No fractional Shares will be issued under the Consolidation as fractional Shares will be rounded either up or down to the nearest whole number of Shares. Each fractional Share remaining after conversion that is less than half of a Share will be cancelled and each fractional Share that is at least half of a Share will be changed to one whole Share. The exercise price and number of Shares issuable pursuant to the exercise of any outstanding convertible securities, including any incentive stock options and warrants, will also be adjusted in accordance with the Consolidation ratio.
The Company's common shares will commence trading on a post-Consolidation basis on a date to be determined in consultation with the Canadian Securities Exchange (CSE), which date will be announced in a subsequent news release.
The Consolidation is subject to acceptance by the CSE and the Company's receipt of new CUSIP and ISIN numbers.
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.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Jeremy Poirier
Chief Executive Officer
info@nexusuranium.com
Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this news release.
Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to the Consolidation and timing thereof; the number of shares to be issued and outstanding post-Consolidation; the treatment of fractional shares and convertible securities pursuant to the Consolidation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "anticipates", "anticipated" "expected" "intends" "will" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are from those expressed or implied by such forward-looking statements or forward-looking information subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different, including receipt of all necessary regulatory approvals. Although management of the Company have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. 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 and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270080
FAQ
What consolidation ratio did Nexus Uranium announce for GIDMF on October 10, 2025?
How many GIDMF shares will be outstanding after the proposed consolidation?
Will Nexus Uranium change its stock symbol after the 1-for-10 consolidation?
What happens to fractional GIDMF shares after the consolidation?
How will options and warrants be affected by Nexus's consolidation for GIDMF?
When will GIDMF trade on a post-consolidation basis?
