Board Change • May 21
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. CEO & Director Jeremy Poirier is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Aankondiging • Mar 21
Nexus Uranium Corp. Announces Resignation of Jordan Carroll from the Board of Directors, Effective March 19, 2026 Nexus Uranium Corp. announced the resignation of Jordan Carroll from its Board of Directors, effective March 19, 2026. Aankondiging • Mar 18
Nexus Uranium Corp. has filed a Follow-on Equity Offering in the amount of CAD 10 million. Nexus Uranium Corp. has filed a Follow-on Equity Offering in the amount of CAD 10 million.
Security Name: Common Shares
Security Type: Common Stock
Transaction Features: At the Market Offering Aankondiging • Jan 21
Nexus Uranium Corp. (CNSX:NEXU) completed the acquisition of Chord Uranium Project in Fall River County, South Dakota. Nexus Uranium Corp. (CNSX:NEXU) entered into a purchase agreement to acquire Chord Uranium Project in Fall River County, South Dakota for $0.31 million on December 2, 2025. Under the terms of the Agreement, Nexus agreed to acquire a 100% interest in the Chord Property by paying aggregate consideration of $100,000 cash and issuing 250,000 common shares to the vendors upon closing. The vendors will retain a 1.0% net smelter returns royalty (NSR) on future production, of which Nexus holds the right to repurchase 50% (being 0.5% NSR) for $1,000,000 at any time prior to commencement of commercial production. The Agreement replaces a previous option agreement and will provide Nexus with full ownership of the Chord Property, including State Section 36, currently being permitted. In total, the Chord Property now consists of 3,640 wholly owned acres.
The transaction is subject to acceptance by the Canadian Securities Exchange and closing is expected to occur within two business days following Exchange acceptance.
Nexus Uranium Corp. (CNSX:NEXU) completed the acquisition of Chord Uranium Project in Fall River County, South Dakota on January 21, 2026. Board Change • Dec 30
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 3 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). CEO & Director Jeremy Poirier is the most experienced director on the board, commencing their role in 2021. Independent Director Jordan Whitham-Carroll was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Aankondiging • Dec 03
Nexus Uranium Corp. (CNSX:NEXU) entered into a purchase agreement to acquire Chord Uranium Project in Fall River County, South Dakota for $0.31 million. Nexus Uranium Corp. (CNSX:NEXU) entered into a purchase agreement to acquire Chord Uranium Project in Fall River County, South Dakota for $0.31 million on December 2, 2025. Under the terms of the Agreement, Nexus agreed to acquire a 100% interest in the Chord Property by paying aggregate consideration of $100,000 cash and issuing 250,000 common shares to the vendors upon closing. The vendors will retain a 1.0% net smelter returns royalty (NSR) on future production, of which Nexus holds the right to repurchase 50% (being 0.5% NSR) for $1,000,000 at any time prior to commencement of commercial production. The Agreement replaces a previous option agreement and will provide Nexus with full ownership of the Chord Property, including State Section 36, currently being permitted. In total, the Chord Property now consists of 3,640 wholly owned acres.
The transaction is subject to acceptance by the Canadian Securities Exchange and closing is expected to occur within two business days following Exchange acceptance. Aankondiging • Nov 17
Nexus Uranium Corp., Annual General Meeting, Jan 05, 2026 Nexus Uranium Corp., Annual General Meeting, Jan 05, 2026. Aankondiging • Nov 01
Nexus Uranium Corp. announced that it has received CAD 0.91 million in funding On October 31, 2025, Nexus Uranium Corp. closed the transaction. The company announced that it has issued 3,640,000 units at an issue price of CAD 0.25 per unit for gross proceeds of CAD 910,000. Each unit consists of one common share and one transferable common share purchase warrant. Each warrant will entitle the holder to acquire an additional common share at a price of CAD 0.55until October 31, 2027. The warrants will be restricted from exercise until December 31, 2025, being the 61st day following the closing of the offering. In connection with the offering, the company issued 212,800 finders' warrants. The finders' warrants are exercisable into common shares at CAD 0.55 per share until October 31, 2027. Aankondiging • Oct 23
Nexus Uranium Corp. announced that it expects to receive CAD 0.91 million in funding Nexus Uranium Corp announced a non-brokered private placement to issue a minimum of 3,240,000 units at a price of CAD 0.25 per unit for aggregate proceeds of CAD 810,000 and a maximum of 3,640,000 units at a price of CAD 0.25 per unit for aggregate proceeds of CAD 910,000 on October 22, 2025. 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 CAD 0.55 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 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 transaction is expected to close on or about November 7, 2025. Aankondiging • Jun 28
Nexus Uranium Corp. (CNSX:NEXU) entered into a definitive arrangement agreement to acquire Basin Uranium Corp. (CNSX:NCLR)) for approximately CAD 3 million. Nexus Uranium Corp. (CNSX:NEXU) entered into a definitive arrangement agreement to acquire Basin Uranium Corp. (CNSX:NCLR) for approximately CAD 3 million on June 25, 2025. The consideration consists of common equity of Nexus Uranium Corp. at a ratio of 1.1 per common equity of Basin Uranium. In addition, as part of the Arrangement, Basin shareholders will receive 3,000,000 shares common shares ("SpinCo Shares") of a subsidiary of Basin, ("Basin SpinCo"), on the basis of approximately 0.11 of a SpinCo Share for every Basin Share held. Following the completion of the Arrangement, former Basin shareholders will own approximately 40% of the then issued and outstanding Nexus Shares. Prior to the Arrangement, Nexus will transfer its: (i) Napoleon gold project, comprised on 1,281 hectares in the Kamloops Mining Division in British Columbia; and (ii) 100% interest in the Yukon gold mining quartz mining claims, to Basin SpinCo in exchange for 2,000,000 SpinCo Shares. Basin will be delisted from the CSE following the Arrangement.
Following completion of the Arrangement, Mike Blady, the Chief Executive Officer of Basin, will be appointed to the board of directors of Nexus, and the current members of the board of directors of Basin will resign. Nexus will continue to be managed by the current executive team and board of directors with the addition of Mr. Blady.
Closing of the Arrangement is subject to approval of the Basin shareholders, approval of the Supreme Court of British Columbia, approval of the Canadian Securities Exchange, standard closing deliverables, and other customary conditions typical for a transaction of this nature. A special committee comprised of independent directors of Basin, established to review the Arrangement, has engaged a financial advisor, Evans & Evans Inc., to provide a fairness opinion in connection with the Arrangement. Aankondiging • Jun 05
Nexus Uranium Corp. Provides an Update on Recent Uranium Market Developments Nexus Uranium Corp. provided an update on recent uranium market developments which positively impact the underlying fundamentals for uranium exploration, development and production. Recent market developments include the US Executive Order, spot market update, Small Modular Reactor (SMR) developments, and continued AI-driven power supply agreements, all of which have resulted in an overall improvement in the underlying uranium supply-demand fundamentals. Additionally, the Company is still awaiting pending geochemical assay results from the Winter 2025 drill program at its Cree East project in the Athabasca Basin. Notable Uranium Market Developments: US Executive Order: Donald's Executive Order aims to revitalize the U.S. nuclear sector and restore domestic control over the uranium fuel cycle, establishing a national energy policy, accelerating reactor deployment, and rebuilds domestic fuel supply infrastructure. Strengthening Spot Price: Nexus Uranium spot prices have bounced off of 52-week lows of USD 62/lb, rebounding to USD 72/lb, on the back of improving sentiment and resumed utility activity. SMR Announcements: NuScale Power secured U.S. Nuclear Regulatory Commission (NRC) approval for its 77 MW reactor, making it the first reactor to earn NRC certification. AI-Driven Power Demand: Meta's recent 20-year supply deal continues the flurry of announcements from the likes of Google and Amazon. The Yukon gold projects are comprised of almost 8,000 hectares of quartz claims prospective for high-grade gold mineralization. The technical content of this news release has been reviewed and approved by Warren D. Robb, P.Geo. (BC), a Director and VP Exploration of Nexus Uranium Corp. and a Qualified Person under National Instrument 43-101. Aankondiging • Jan 22
Nexus Uranium Corp. Mobilizes to Cree East Ahead of Drilling Program Nexus Uranium Corp. announced the mobilization of crews to Cree East and commencement of camp construction in advance of the winter drill program at its Cree East uranium project, located in the prolific Athabasca Basin, Saskatchewan. The winter drill program will utilize the facilities at the MacIntyre Lake lodge in addition to the construction of a winterized camp by Cracking River Logistics. The construction of the winter ice access road, which commenced in December, has been completed and preparation of access roads to the first drill pad are currently underway. Crews and supplies are being mobilized to site with camp construction commencing and anticipated to be completed within the coming week. Drilling and exploration staff are expected to be on site within the coming days commensurate with the start of the drill program. Aankondiging • Jan 07
Nexus Uranium Provides Update on Upcoming Winter Drill Program Nexus Uranium Corp. provided an overview of the upcoming winter drill program at its Cree East uranium project, located in the prolific Athabasca Basin, Saskatchewan. The winter access ice access road construction remains ongoing with camp crew mobilization and construction anticipated over the coming week. The drill program, which is expected to commence in late January, will initially focus on testing Area B followed by Areas A, I, and an untested conductor trend. Historical drilling from Area B intersected clay alteration which extends throughout the entire sandstone with altered pyrite and associated uranium enrichment in the lower sandstone. The sandstone alteration is associated with wide intersections of brecciation and faulting, causing over 50 metres of vertical unconformity displacement. Hydrothermal alteration persists deep into the basement rocks. Board Change • Dec 30
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). CEO & Director Jeremy Poirier is the most experienced director on the board, commencing their role in 2021. Independent Director Jordan Whitham-Carroll was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Aankondiging • Dec 13
Nexus Uranium Corp. announced that it has received CAD 2.082301 million in funding On December 12, 2024, Nexus Uranium Corp., closed the transaction. The company issued 6,941,004 flow through units at a price of CAD 0.30 per unit for the gross proceeds of CAD 2,082,301.20. The Company paid an aggregate of CAD 100,818.066 and issued an aggregate of 336,060 warrants as finder fee. Aankondiging • Dec 03
Nexus Uranium Corp. Appoints Drew St. Laurent to the Board of Directors Nexus Uranium Corp. announces the appointment of Mr. Drew St. Laurent to the Company's Board of Directors. Mr. Drew St. Laurent has a rich academic background, including a Bachelor of Arts in Human Geography from Thompson Rivers University, a Bachelor of Education, and a Master of Education in Higher Education from the University of British Columbia. Drew's graduate research focused on improving Indigenous access to post-secondary education in Canada. He has presented his findings to various audiences, including government bodies and educational institutions. Drew has been a Senior Administrator and lecturer in Health Sciences at UBC since 2012 and active lecturer within the School of Population and Public Health at the University of British Columbia. His passion lies in working with Indigenous communities to better their social determinants of health. Aankondiging • Nov 26
Nexus Uranium Corp. announced that it expects to receive CAD 1.5 million in funding Nexus Uranium Corp announced a non-brokered private placement of up to 5,000,000 flow through units at a price of CAD 0.30 per flow through unit for gross proceeds of up to CAD 1,500,000 on November 25, 2024. Each flow through unit consists of one common share and one common share purchase warrant, each of which is exercisable to acquire one common share for 18 months following closing at an exercise price of CAD 0.40. The completion of the offering is subject to certain conditions including the receipt of all necessary approvals, including the approval of the Canadian Securities Exchange. Board Change • Oct 16
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. CEO & Director Jeremy Poirier is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Oct 10
An Unknown buyer completed the acquisition of 51.54% stake in Independence project in Nevada from Nexus Uranium Corp. (CNSX:NEXU) for CAD 1.22 million. An Unknown buyer agreed to acquire 51.54% stake in Independence project in Nevada from Nexus Uranium Corp. (CNSX:NEXU) for CAD 1.2 million on August 20, 2024. A cash consideration of CAD 1.2 million will be paid by the buyer. The transaction having received all necessary permits and approvals, the sale of this asset allows us to expand our planned exploration program and profile as one of the preeminent uranium exploration companies in the market. The expected completion of the transaction is October 3, 2024. the Buyer has made a deposit of C$150,000 with the balance to be paid on closing, which is anticipated to occur on or about October 3rd, 2024. The transaction is subject to certain conditions to closing, including that the Company's joint venture partner does not exercise its right of first refusal to acquire the interest.
An Unknown buyer completed the acquisition of 51.54% stake in Independence project in Nevada from Nexus Uranium Corp. (CNSX:NEXU) for CAD 1.22 million on October 9, 2024. New Risk • Sep 16
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (19% average weekly change). Shareholders have been substantially diluted in the past year (66% increase in shares outstanding). Market cap is less than US$10m (€6.89m market cap, or US$7.66m). New Risk • Jul 11
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 66% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 25% per year over the past 5 years. Shareholders have been substantially diluted in the past year (66% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€8.69m market cap, or US$9.43m). Minor Risk Significant insider selling over the past 3 months (€108k sold). Aankondiging • Jun 26
Nexus Uranium Corp. announced that it has received CAD 1.501299 million in funding On June 25, 2024, Nexus Uranium Corp, closed the transaction. The company issued 2,887,114 FT units at a price of CAD 0.52 per unit for the gross proceeds of CAD 1,501,299.28 in the transaction. As a part of the transaction, the company paid certain eligible finders cash finders' fees totaling CAD 102,016 in aggregate and has issued to such finders 195,030 non-transferrable warrants of the company. Aankondiging • Jun 13
Nexus Uranium Corp. announced that it expects to receive CAD 1.8 million in funding Nexus Uranium Corp announced a non-brokered private placement of up to 3,461,538 units of the Company at a price of CAD 0.52 per FT Unit to raise gross proceeds of up to CAD 1,800,000 on June 12, 2024. Each FT Unit consists of one common share and one common share purchase warrant each of which is exercisable to acquire one common share for 24 months following closing at an exercise price of CAD 0.60. Upon closing of the Offering, the Company may pay to certain eligible finders a cash finder's fee of up to 7% of the aggregate gross proceeds of the Offering. The Company may also issue to such finders non-transferrable warrants of the Company exercisable at any time prior to the date that is 24 months from the Closing Date to acquire that number of common shares as is equal to 7.0% of the number of FT Units issued under the Offering, at an exercise price of CAD 0.52. Completion of the Offering is subject to certain conditions including the receipt of all necessary approvals, including the approval of the Canadian Securities Exchange Aankondiging • Jun 06
Nexus Uranium Corp. Outlines Summer Geophysical Program Nexus Uranium Corp. provided details of the proposed summer geophysical program planned for the Cree East uranium project in the Athabasca Basin of Saskatchewan, Canada (Cree East or Project). Nexus has the right to earn up to a 75% interest in the Project from CanAlaska Uranium Ltd. The proposed property- wide 1,746 line kilometer airborne AFMAG (Audio Frequency Magnetics) Electromagnetic (EM) survey would be used to assist the exploration team in creating a property-wide basement geological and structural map. The AFMAG EM system has been shown to penetrate up to 2,000 metres through cover material to identify conductive and resistive structures. The survey will be used to delineate the location and trend of graphitic and/or hydrothermally altered zones which represent pathways for potential uranium mineralization - serving to both complement and enhance the prior exploration work. The results from the AFMAG EM survey will be used to finalize the locations for the follow-on diamond drill program later this year. Tendering for the geophysical survey is currently in progress. Aankondiging • May 01
Nexus Uranium Corp. announced that it has received CAD 1.2 million in funding On April 30, 2024, Nexus Uranium Corp., closed the transaction. The company issued 2,400,000 units at a price of CAD 0.5 per unit for the gross proceeds of CAD 1,200,000. Each unit consists of one common share and one common share purchase warrant. Each warrant is exercisable to acquire one additional common share until April 30, 2026 at an exercise price of CAD 0.60. As a part of the transaction, the company paid an aggregate of CAD 61,600 and issued an aggregate of 130,200 Warrants to certain finders. New Risk • Mar 24
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.23m (US$9.97m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 28% per year over the past 5 years. Shareholders have been substantially diluted in the past year (87% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€9.23m market cap, or US$9.97m). Aankondiging • Mar 22
Nexus Uranium Corp. announced that it expects to receive CAD 1.2 million in funding Nexus Uranium Corp. announced a private placement to issue minimum of 1,333,333 units and maximum of 2,000,000 units at an issue price of CAD 0.60 per unit for the minimum gross proceeds of minimum of CAD 799,999.8 and maximum of CAD 1,200,000 on March 21, 2024. Each Unit will consist of one common share and one Common Share purchase warrant. Each Warrant will entitle the holder thereof to purchase one Common Share for a period of 24 months following the Closing Date of the Offering at an exercise price of CAD 0.75 per Warrant Share. Upon closing of the Offering, the Company may pay to certain eligible finders a cash finder's fee of up to 7.0% of the aggregate gross proceeds of the Offering. The Company may also issue to such finders non-transferrable warrants of the Company exercisable at any time prior to the date that is 24 months from the Closing Date to acquire that number of Common Shares equal to 7.0% of the number of Units issued under the Offering, at an exercise price of CAD 0.75 subject. The Offering is scheduled to close on or about April 1, 2024 and completion of the Offering is subject to certain conditions including the receipt of all necessary approvals, including the approval of the Canadian Securities Exchange. The Offering is structured to take advantage of the listed issuer financing exemption whereby the securities of the Company issued pursuant to the Offering will be freely tradeable equity securities not subject to a hold period. Aankondiging • Feb 06
Nexus Uranium Corp., Annual General Meeting, Apr 12, 2024 Nexus Uranium Corp., Annual General Meeting, Apr 12, 2024. Aankondiging • Jan 10
Nexus Uranium Corp. Finalizes Plans for Phase 1 Drilling at Wray Mesa Nexus Uranium Corp. announced the finalization of its Phase 1 Drill Program at the Wray Mesa uranium project in Utah. The Company has engaged Harrison Land Services LLC of Moab, Utah for an initial six-hole drill program totaling 3,600 feet of reverse circulation (RC) and diamond core drilling. The program is expected to take approximately 45 days to complete and is anticipated to commence later this quarter. The drilling will initially focus on the Dylan target area and is within the permitted area issued by the State of Utah Department of Natural Resources Division of Oil, Gas and Mining. The drill program will use reverse circulation drilling to prepare the hole to target depth with diamond core used for intersecting the mineralized zones. This provides for both cost efficiency but also provides valuable insights on geology, stratigraphy, and orientation as well as allowing for the investigation of the potential for vanadium mineralization which was previously untested by historic drilling. Highlights from historical drilling includes 7.0 feet grading 0.94% eU3O8 (WMD-08-031), 5.0 feet grading 0.98% eU3O8 ("WMD-260-80), and 4.2 feet grading 0.52% eU3O8(W-07-004). The Wray Mesa project is comprised of 6,282 acres and has seen extensive historical exploration dating back to the 1980's with over 500 holes drilled outlining four principal mineralized zones: Dylan, Ajax, Whiskey and Carlin. Mineralization on the property occurs at depths of 500 to 750 feet with the drill-defined mineralization ranging from 25 to 75 feet. Mineralization is typical sandstone-hosted tabular deposits wherein the uranium occurs in reduced and altered sandstones and sandstone- mudstones in major stream channels in the Upper Salt Wash Member of the Morrison Formation. The technical content of this news release has been reviewed and approved by Warren D. Robb, P.Geo. (BC), a Director and VP Exploration of Nexus Uranium Corp. and a Qualified Person under National Instrument 43-101. Board Change • Nov 05
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). President & Director Tim Henneberry is the most experienced director on the board, commencing their role in 2020. Independent Director Jordan Whitham-Carroll was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Aankondiging • Nov 02
Golden Independence Mining Corp. Announces Management Changes Golden Independence Mining Corp. announced the appointment of Mr. Warren Robb as VP of Exploration and as a Director to the Board of Directors of the Company. Mr. Robb has been appointed to replace Mr. Timothy Henneberry, who has resigned as President and Director to pursue other endeavours. The Company would like to sincerely thank Mr. Henneberry for his service to the Company and wish him well in his future endeavours. Mr. Robb has over 35 years of mineral exploration experience with Senior and Junior mining companies throughout Canada, the United States, China, Africa and South America. He managed exploration programs for precious and base metal and diamond projects ranging from early exploration through to reserve definition and operating mines. Notable senior positions include VP of Exploration for Nexus Gold from 2015 to present, VP Exploration for WPC Resources (now Bluestar Gold) from 2012 to 2020, Chief Geologist for Roxgold Inc. in 2012, VP of Exploration for TTM Resources from 2007 to 2011, Country Manager for Majestic Gold Corp. from 2003 to 2005, and an Officer of Trivalence Mining Corp. from 1997 to 2002. Mr. Robb earned a Bachelor of Science in Geological Sciences from the University of British in 1987 and has been a registered Professional Geoscientist since 1993. Aankondiging • Jul 14
Golden Independence Completes Phase One Exploration Program At Napoleon Project Golden Independence Mining Corp. announce the completion of the first phase exploration program at the Napoleon project located in the Kamloops Mining Division of British Columbia. The exploration program was completed by Tripoint Geological Services during June and was comprised of rock sampling and prospecting. A total of 13 rock samples were collected and submitted to ALS Global for assaying with results expected over the coming weeks. In the southern portion of the Napoleon claims, the prospecting program at Napoleon located similar intrusive to those hosting the Bonaparte deposit, along with vuugy quartz veins hosted in Nicola Group rocks in the north, which represents a second potential host of mineralization. In the southern portion of the claims closest to the Bonaparte mine, prevalent subcrop of quartz diorite occurs hosting up to 5% disseminated pyrite and pyrrhotite which appears genetically similar to that observed at the Bonaparte mine. The Company will be reviewing the subsequent phase of exploration following the receipt of assay results. The Napoleon property occurs along the same northwest trending erosional exposure through Chilcotin basalts as the Bonaparte Mine. The Bonaparte Mine, located to the southeast, is comprised of several en echelon high-grade gold-bearing quartz veins with similar intrusive rocks mapped within the Napoleon property. Exploration within the region dates back to the 1970's and 1980's with the discovery of gold mineralization in several clusters of quartz vein float material over a diorite intrusion with grades varyingfrom 3.4 to 547 g/t gold. The adjoining Bonaparte deposit has been extensively explored including underground development, open pit mining, and a bulk sampling which yielded grades of 26.5 g/t gold from a 3,700 metric tonne bulk sample. Golden Independence cautions investors it has yet to verify the historical information and further cautions mineralization on the Bonaparte deposit is not necessarily indicative of similar mineralization on theNapoleon Gold Project. Recent Insider Transactions • Apr 18
Insider recently sold €83k worth of stock On the 12th of April, William Matlack sold around 233k shares on-market at roughly €0.36 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €160k more than they bought in the last 12 months. Aankondiging • Jan 31
Golden Independence Mining Corp. announced that it expects to receive CAD 2 million in funding Golden Independence Mining Corp. announced a non-brokered private placement of up to 6,451,612 units at a price of CAD 0.31 per unit for gross proceeds of up to approximately CAD 2,000,000 on January 30, 2023. Each unit will consist of one common share and one whole common share purchase warrant of the company. Each warrant entitles the holder to purchase one additional common share of the company at an exercise price of CAD 0.50 per share for a period of two year from the date of issuance. All securities to be issued in the transaction will be subject to a four-month and one day hold period. The transaction is subject customary conditions of closing, including the approval of the Canadian Securities Exchange. The company may pay cash finders' fees equal to 6% of the gross proceeds of the transaction and issue finders' warrants having the same term as the warrants, equal to 6% of the number of units issued. Board Change • Nov 16
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). President & Director Tim Henneberry is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Buying Opportunity • Oct 11
Now 32% undervalued after recent price drop Over the last 90 days, the stock is down 42%. The fair value is estimated to be €0.029, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Buying Opportunity • Aug 23
Now 28% undervalued after recent price drop Over the last 90 days, the stock is down 36%. The fair value is estimated to be €0.038, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Board Change • Apr 27
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). President & Director Tim Henneberry is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Mar 11
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. 1 experienced director. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Robert Mintak is the most experienced director on the board, commencing their role in 2017. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Aankondiging • Jun 10
Golden Independence Mining Corp. announced that it has received CAD 0.501371 million in funding On June 9, 2021, Golden Independence Mining Corp. (CNSX:IGLD) closed the transaction. The company has issued 1,728,864 shares at an issue price of CAD 0.29 per share for gross proceeds of CAD 501,370.56. The company paid certain cash to finder's and issued 49,998 finder's warrants. Is New 90 Day High Low • Jan 19
New 90-day low: €0.30 The company is down 6.0% from its price of €0.32 on 21 October 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 52% over the same period.