Northwire Canada EditionTuesday, July 14, 2026
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TLO 5.94 +11.9% ADE 0.135 +0.0% FAIR 0.055 +22.2% SVRS 0.425 −1.2% RES 0.035 +0.0% CYG 0.120 +0.0% MGG 0.315 −4.5% BUFF 0.770 +2.7% TKO 11.19 +12.3% MINK 0.100 −4.8% LCE 0.240 −4.0% AEF 0.165 +3.1% BEM 0.095 +5.6% APMI 0.120 +0.0% LIO 0.135 +3.9% TLO 5.94 +11.9% ADE 0.135 +0.0% FAIR 0.055 +22.2% SVRS 0.425 −1.2% RES 0.035 +0.0% CYG 0.120 +0.0% MGG 0.315 −4.5% BUFF 0.770 +2.7% TKO 11.19 +12.3% MINK 0.100 −4.8% LCE 0.240 −4.0% AEF 0.165 +3.1% BEM 0.095 +5.6% APMI 0.120 +0.0% LIO 0.135 +3.9%
Financings

Nexus Uranium Announces At-the-Market Offering of up to $10 Million and Provides Corporate Update

NEXU · Price

Executive Summary

  • Nexus Uranium entered into an at‑the‑market equity distribution agreement with Haywood Securities to sell up to $10 million of common shares, with proceeds earmarked for exploration projects in South Dakota and Wyoming and general corporate purposes.
  • The company granted 700,000 Deferred Share Units (DSUs) and 100,000 Restricted Share Units (RSUs) to directors, officers and consultants under its 2023 omnibus equity incentive plan.
  • Director Jordan Carroll resigned from the board effective March 19 2026.

Key Details

  • ATM Offering:
  • Distribution Agreement with Haywood Securities Inc., sole exclusive placement agent.
  • Up to $10,000,000 aggregate offering price for common shares (“ATM Offering”).
  • Offer open until earlier of full issuance/sale or March 4 2028; may be terminated earlier per agreement terms.
  • Agent commission: 3.0% of gross proceeds.
  • Shares will be sold at market prices on the Canadian Securities Exchange (CSE) or other recognized Canadian marketplaces.

  • Use of Proceeds:

  • Exploration of the Chord Project (South Dakota).
  • Exploration of the South Pass Project (Wyoming).
  • General corporate purposes, including potential acquisitions and capital expenditures.

  • Equity Incentive Grants:

  • Total grants: 700,000 DSUs + 100,000 RSUs.
  • Vesting schedule: 690,000 DSUs and all 100,000 RSUs vest over one year in four equal quarterly tranches (25% each).
  • Remaining 10,000 DSUs vest immediately upon grant.
  • All units subject to a four‑month hold period per Canadian securities laws and CSE policies.

  • Director Resignation:

  • Jordan Carroll resigned from the Board of Directors, effective March 19 2026, to pursue other opportunities.

Notable Quotes

  • “The ATM Offering provides us with flexible capital to advance our key uranium projects and support future growth initiatives,” – Jeremy Poirier, Chief Executive Officer.
Read the original news release →

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