tiprankstipranks
Nexus Uranium Corp. Announces Option Agreement and Debt Settlement
Company Announcements

Nexus Uranium Corp. Announces Option Agreement and Debt Settlement

Story Highlights

Invest with Confidence:

Golden Independence Mining ( (TSE:NEXU) ) has issued an announcement.

Nexus Uranium Corp. has entered into an option agreement with River Road Resources Ltd., allowing River Road to earn up to a 100% interest in Nexus’s Stobart project in British Columbia through staged payments, expenditures, and share issuance, while Nexus retains a potential net smelter royalty. Additionally, Nexus plans to issue shares as part of a debt settlement with Canaccord Genuity Corp., subject to regulatory approval.

More about Golden Independence Mining

Nexus Uranium Corp. is a multi-commodity development company focused on advancing the Cree East uranium project in the Athabasca Basin, alongside a portfolio of precious metals projects, including the Napoleon gold project in British Columbia and gold claims in the Yukon.

YTD Price Performance: -10.64%

Average Trading Volume: 5,613

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $8.07M

For detailed information about NEXU stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App