Nexus Uranium arranges $910,000 private placement

Mr. Jeremy Poirier reports NEXUS URANIUM ANNOUNCES PRIVATE PLACEMENT OF UNITS Nexus Uranium Corp. has arranged a non-brokered private placement offering for total gross proceeds of a minimum of $810,000 and a maximum of $910,000, consisting of a minimum of 3.24 million units of the company and a maximum of 3.64 million units at a price of 25 cents per unit. Each unit will consist of one common share in the capital of the company and one transferable common share purchase warrant. Each warrant will entitle the holder to acquire an additional common share at a price of 55 cents for a period of 24 months following the closing of the offering. The warrants will be restricted from exercise until the 61st day following the closing of the offering. The company intends to use the proceeds from the offering for permitting, South Dakota relations, drilling bonds, marketing and investor relations, working capital, and general corporate purposes. The company does not intend to pay any finders' fees in connection with the offering. The units will be offered by way of the listed issuer financing exemption under Part 5A of National Instrument 45-106, Prospectus Exemptions, in all of the provinces and territories of Canada, excluding Quebec. Pursuant to NI 45-106, the securities forming part of the units issued to Canadian residents under the offering will not be subject to resale restrictions. The company is relying on the exemptions in Coordinated Blanket Order 45-935, Exemptions from Certain Conditions of the Listed Issuer Financing Exemption, and is qualified to distribute securities in reliance on the exemptions included in the order. There is an offering document related to the offering that will be made available under the company's profile on SEDAR+. The offering document will also be made available on the issuer's website. Prospective investors should read this offering document before making an investment decision. The offering is expected to close on or about Nov. 7, 2025, or such other date that is within 45 days from Oct. 22, 2025, as the company may decide. The offering remains subject to certain conditions, including, but not limited to, the receipt of all necessary approvals and compliance with the policies of the Canadian Securities Exchange. 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. We seek Safe Harbor.