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Nexus Uranium Announces Share Consolidation Effective Date

Story Highlights
  • Nexus Uranium is a Canadian company focused on uranium exploration and development.
  • Nexus Uranium will consolidate its shares, reducing outstanding shares from 72.9 million to 7.3 million.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nexus Uranium Announces Share Consolidation Effective Date

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Golden Independence Mining ( (TSE:NEXU) ) has shared an update.

Nexus Uranium Corp. announced the effective date for its share consolidation, which will commence on October 21, 2025. The consolidation will reduce the number of outstanding shares from approximately 72.9 million to 7.3 million, adjusting the exercise or conversion price and the number of shares issuable under any outstanding convertible securities. The company’s name and trading symbol will remain unchanged, but the CUSIP and ISIN numbers will be updated. This move is expected to streamline the company’s share structure, potentially enhancing its market positioning and appeal to investors.

More about Golden Independence Mining

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, including Chord and Wolf Canyon in South Dakota, South Pass and Great Divide Basin in Wyoming, and Wray Mesa in Utah. Nexus also holds the Mann Lake uranium project in the Athabasca Basin of northern Saskatchewan, Canada.

Average Trading Volume: 117,512

Technical Sentiment Signal: Sell

Current Market Cap: C$6.93M

For an in-depth examination of NEXU stock, go to TipRanks’ Overview page.

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