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The latest update is out from Nexus Uranium ( (TSE:NEXU) ).
Nexus Uranium Corp. has appointed seasoned in-situ recovery uranium permitting specialist Mark Hollenbeck to its advisory board as it advances its U.S. project portfolio. Hollenbeck, a former mayor of Edgemont and longtime project manager of enCore Energy’s Dewey-Burdock uranium project, brings three decades of engineering, regulatory and community engagement experience to strengthen Nexus’s permitting and ESG strategy.
The South Dakota Board of Minerals and Environment has set a May 18-22, 2026 hearing on Nexus’s uranium exploration permit application for its Chord Project, the final state regulatory step before drilling can begin. With a fully funded maiden drill program planned for summer 2026, subject to permit approval, the company is positioning Chord—located near Dewey-Burdock—as a potential contributor to secure domestic uranium supply amid heightened demand.
More about Nexus Uranium
Nexus Uranium Corp. is a uranium exploration company advancing a portfolio of projects in the United States and Canada. The company is focused on supplying growing domestic uranium demand driven by a nuclear energy resurgence and expanding AI-powered data center infrastructure.
Average Trading Volume: 48,344
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$11.16M
See more insights into NEXU stock on TipRanks’ Stock Analysis page.