Board Change • May 02
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. Tillkännagivande • 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. Tillkännagivande • 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 New Risk • Mar 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 16% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 40% per year over the past 5 years. Shareholders have been substantially diluted in the past year (275% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Market cap is less than US$100m (CA$14.1m market cap, or US$10.3m). New Risk • Mar 03
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.5m (US$9.88m) 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 Earnings have declined by 40% per year over the past 5 years. Shareholders have been substantially diluted in the past year (275% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$13.5m market cap, or US$9.88m). Tillkännagivande • 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 11
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Jordan Whitham-Carroll was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • 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. Tillkännagivande • Nov 17
Nexus Uranium Corp., Annual General Meeting, Jan 05, 2026 Nexus Uranium Corp., Annual General Meeting, Jan 05, 2026. Tillkännagivande • 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. Tillkännagivande • 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. New Risk • Oct 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 16% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$3.5m free cash flow). Earnings have declined by 43% per year over the past 5 years. Shareholders have been substantially diluted in the past year (117% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$6.93m market cap, or US$4.93m). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change). Tillkännagivande • 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. Tillkännagivande • 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. New Risk • May 09
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$5.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$5.4m free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 52% per year over the past 5 years. Shareholders have been substantially diluted in the past year (55% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$5.59m market cap, or US$4.01m). New Risk • Mar 04
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 50% per year over the past 5 years. Shareholders have been substantially diluted in the past year (93% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$9.58m market cap, or US$6.60m). Tillkännagivande • 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. Tillkännagivande • 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. Tillkännagivande • 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. Tillkännagivande • 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. Tillkännagivande • 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. Tillkännagivande • 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 (20% average weekly change). Shareholders have been substantially diluted in the past year (66% increase in shares outstanding). Market cap is less than US$10m (CA$10.4m 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 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 (CA$12.9m market cap, or US$9.44m). Minor Risk Significant insider selling over the past 3 months (CA$159k sold). Tillkännagivande • 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. Tillkännagivande • 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 Tillkännagivande • 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. Tillkännagivande • 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. Tillkännagivande • 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. Tillkännagivande • Feb 06
Nexus Uranium Corp., Annual General Meeting, Apr 12, 2024 Nexus Uranium Corp., Annual General Meeting, Apr 12, 2024. Tillkännagivande • 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. Tillkännagivande • 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. New Risk • Aug 03
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.4m free cash flow). Earnings have declined by 30% per year over the past 5 years. Shareholders have been substantially diluted in the past year (342% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.25m market cap, or US$3.19m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). Tillkännagivande • 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. New Risk • Jul 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 33% per year over the past 5 years. Shareholders have been substantially diluted in the past year (342% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.25m market cap, or US$3.20m). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Significant insider selling over the past 3 months (CA$158k sold). Recent Insider Transactions • Apr 18
Insider recently sold CA$123k worth of stock On the 12th of April, William Matlack sold around 233k shares on-market at roughly CA$0.53 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 CA$232k more than they bought in the last 12 months. Tillkännagivande • Feb 18
Golden Independence Mining Corp., Annual General Meeting, May 01, 2023 Golden Independence Mining Corp., Annual General Meeting, May 01, 2023. Tillkännagivande • 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. Tillkännagivande • Nov 22
Golden Independence Mining Enters into an Agreement to Settlement with Independence Gold-Silver Mines, Inc Golden Independence Mining announced that it has entered into an agreement to settle certain litigation commenced in April 2021. Pursuant to the terms of the settlement, the Company has agreed to pay $60,000 and issue 238,000 common shares of the Company to Independence Gold-Silver Mines, Inc. As a result of the settlement, the parties have released all claims against each other and have agreed to file to dismiss the claims pending in the Court of the State of Nevada. 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 • Sep 14
Now 36% undervalued after recent price drop Over the last 90 days, the stock is down 22%. The fair value is estimated to be CA$0.055, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Tillkännagivande • Sep 07
Golden Independence Mining Corp. Provides an Update on the Its Newly Acquired Fraser Lake Copper Project Located Proximal to the Quesnel Trough of Central British Columbia Golden Independence Mining Corp. provided an update on the its newly acquired Fraser Lake copper project located proximal to the Quesnel Trough of Central British Columbia. The 9,900-hectare project is comprised of three claim blocks located between 40 to 55 kilometres northwest of Fraser Lake, BC. The Company engaged an Independent Qualified Person, as defined in National Instrument 43-101, to perform an assessment of the project. Mr. Warren Robb, P.Geo, completed a property visit in early August to review the geology, collect rock samples for background litho-geochemistry, and review the topography and geomorphology to design an exploration program for the upcoming technical report on the porphyry copper-molybdenum project. Mr. Robb is a seasoned exploration geologist with over 35 years of mineral exploration experience and has worked with numerous senior and junior mining companies throughout Canada, the United States, China, Africa and South America. Mr. Robb graduated from the University of British Columbia in 1987 with a Bachelor of Science in Geology. The exploration target is porphyry copper and molybdenum associated with a series of Endako plutons intruding Cache Creek complex, carbonate, clastic and volcanic rocks. The Quest West regional lake sediment geochemistry identified areas of anomalous copper and/or molybdenum in the drainage systems from the low ridges hosting the plutons. A 2008 AeroTEM III airborne electromagnetic and magnetometer survey identified magnetic and/or electromagnetic anomalies up drainage from the anomalous geochemistry and make compelling exploration targets. Buying Opportunity • Aug 08
Now 27% undervalued after recent price drop Over the last 90 days, the stock is down 38%. The fair value is estimated to be CA$0.055, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Recent Insider Transactions • Jul 02
CEO & Director recently sold CA$54k worth of stock On the 29th of June, Jeremy Poirier sold around 1m shares on-market at roughly CA$0.045 per share. This was the largest sale by an insider in the last 3 months. This was Jeremy's only on-market trade for the last 12 months. Tillkännagivande • Jun 10
Golden Independence Mining Corp. Provides Update on Independence Heap-Leach Development Project in Nevada Golden Independence Mining Corp. provided an update on ongoing permitting and project-related activities at it's Independence heap-leach development project in Nevada. The State of Nevada Division of Environmental Protection (NDEP) has approved the Company's geochemical sampling and analysis plan for the proposed open-pit heap-leach operation as outlined in the January 2022 Preliminary Economic Assessment. This represents the culmination of over one year's worth of humidity cell testing and analysis of 150 selected representative samples. The Company has engaged NV Energy, the leading power and utility company servicing northern and southern Nevada, to provide an engineering study on providing independent power services for the development and operation of the Independence project. The commencement of this study comes as a result of a successful wildlife and fauna study across the proposed new corridor for independent power and services to support the proposed project. The Company has filed two (2) amended Notice of Intent permits with the Nevada Bureau of Land Management (Nevada BLM) for additional oxide resource expansion and geotechnical drilling totaling 41 proposed drill holes totaling an estimated 27,500 feet. The Company has also undertaken a program of relogging and resampling of historical drilling, as the deeper drilling on the project targeting the skarn mineralization left the upper portions of mineralization uninvestigated. Specifically, 725 feet of samples from IND#1 (from 144.5 - 136.5 ft and 325 - 607 ft) and IND#7 (8 - 97 ft, 197.5 - 213 ft, 236 - 312 ft, and 2,604 - 2,703 ft) have been sent to the lab for assays. 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. Tillkännagivande • Apr 20
Golden Independence Mining Corp. Appoints Jordan Carroll to the Board of Directors Golden Independence Mining Corp. announced that Jordan Carroll has been appointed to the Board of Directors of the Company. Mr. Carroll is a certified electrician and has extensive experience in mining operations and mineral extraction. Mr. Carroll led a team involved in the commissioning of the Rio Tinto Alcan aluminum smelter located in Kitimat, B.C. and has prospected and owned placer mine claims. Tillkännagivande • Apr 13
Golden Independence Mining Corp. Announces Board Changes Golden Independence Mining Corp. announced that Ben Hinkle has been appointed to the Board of Directors of the Company. Mr. Hinkle has over 18 years' experience as an Economic Geologist spanning three countries and four US states. He advanced from an Ore Control Geologist to Project and Senior Geologist, Senior Exploration Geologist and Chief Geologist before moving into private consulting for the past several years. He has had notable achievements and is an expert in ore control systems, 3D geologic modeling, UG mapping systems, mining-block model reconciliation, block model validation, exploration, team building and management. He has extensive 3D modeling experience in both Vulcan and Leapfrog, and a track record of developing, fostering, and mentoring high performance geology teams. Mr. Hinkle has been appointed to replace Mr. Robert Mintak, who will be stepping down from the Board effective immediately. The Board of Directors would like to sincerely thank Mr. Mintak for his service to the Company. Board Change • Mar 12
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. Tillkännagivande • Mar 06
Golden Independence Mining Corp. Announces Resignation of Don McDowell as Director Golden Independence Mining Corp. announced that Don McDowell has resigned as a director of the company. Tillkännagivande • Dec 24
Golden Independence Mining Corp. Announces the Results of A Positive Preliminary Economic Assessment Golden Independence Mining Corp. announce the results of a positive Preliminary Economic Assessment for the Company's Independence Project which adjoins Nevada Gold Mines' Phoenix-Fortitude mining operations in the Battle Mountain-Cortez trend of Nevada. Independence PEA highlights include: After-Tax NPV5% of USD35 million with an IRR of 18% at USD1,700/oz gold and USD 24/oz silver Significant leverage to metal prices with after-tax NPV5% of USD 45M and IRR of 22% at spot prices Average annual production of 32,050 oz gold at an AISC of USD1,078/oz LOM production of 195,443 oz gold and 1,281,420 oz silver LOM after-tax cash flow of USD 59 million at Base Case prices and USD 72 million at spot prices Initial Capital of USD63 million including working capital and contingencies Mine life of 6.1 years exploiting only 60% of the near surface resource contained within a USD 1,800/oz gold price pit The PEA was completed by Dyer Engineering and Kappes, Cassidy & Associates, both of Reno Nevada, and provides an attractive preliminary economic case for the near-surface development of the Independence project. The PEA is based on the mining and processing a total of 20 Mt of ore grading 0.4 g/t gold and 7 g/t silver incorporating only 60% of the near surface resource constrained by a USD 1,800/oz gold price pit. The PEA envisions a 9,000 tonne per day open pit and heap leach operation with a Merrill-Crowe circuit. Significant opportunities exist for improvement and optimization including potential for shared infrastructure with the adjacent Phoenix operating mine. The study envisions a mine-life of just over six years, producing 195,443 oz of gold and 1.28 million oz of silver with life-of-mine all-in sustaining costs, net of silver credits, of USD 1,078 per oz of gold. This generates an After-Tax NPV5% of USD34.5 million and an IRR of 18% using Base Case metals price assumptions of USD1,700/oz gold and USD24/oz silver. The Independence PEA is preliminary in nature, and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the PEA will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The PEA is based on an updated mineral resource estimate, effective November 15th, 2021 with the near-surface resource being constrained by a USD 1,800/oz gold price to arrive at a pit-constrained resource as outlined in the table below. This current pit-constrained resource supersedes previous resource estimates for the project, including, for greater certainty the resource estimate included in the December 20, 2021 news release, which is no longer current and should not be relied upon. The Company also notes that the Qualified Person who reviewed and approved the technical disclosure in the December 20, 2021 news release was James Ashton, P.E. an Independent Mining Engineer and a consultant to the Company and not R. Tim Henneberry as incorrectly stated in the news release. The December 20, 2021 news release also incorrectly stated that a technical report would be filed in support of the mineral resource disclosed therein no technical report will be filed in support of that mineral resource estimate and reference should be made to the PEA and the updated The current mine plan is based on a USD1,700/oz gold price and envisions mining and processing of 20.1 million tonnes of the 33.2 million tonnes of ore contained within the USD1,800/oz gold price optimized pit. Gold prices in excess of USD 1,800/oz could allow an additional 13.1 million tonnes of ore to be brought into a mine plan significantly extending the project's life or permitting construction of a larger scale operation than the currently contemplated 9,000 tonnes per day. Tillkännagivande • Sep 23
Golden Independence Mining Corp. Announces the Remaining Drill Results from Its Recently Completed Phase II Drill Program At the Independence Project, South of Battle Mountain, Nevada Golden Independence Mining Corp. announce the remaining drill results from its recently completed Phase II drill program at the Independence project,
south of Battle Mountain, Nevada. The reverse circulation program targeted the main oxide gold zone as well as the intrusive gold target. Results for four holes from the main oxide zone include: 1.06 g/t gold and 8.9 g/t silver over 85 feet (25.9 metres); 0.76 g/t gold and 8.4 g/t silver over 245 feet (74.7 metres); including 1.20 g/t gold and 16.8 g/t silver over 100 feet (30.5 metres); 0.61 g/t gold and 4.0 g/t silver over 320 feet (97.5 metres); including 1.71 g/t gold and 6.0 g/t silver over 70 feet (21.3 metres). Tillkännagivande • Jul 01
Golden Independence Files NI 43-101 Technical Report on Sedar Golden Independence Mining Corp. announced the filing of a National Instrument 43-101 technical report on SEDAR supporting the May 19, 2021 release of a maiden Mineral Resource Estimate ("MRE") for the Company's Independence project located adjacent to Nevada Gold Mines' Phoenix-Fortitude mining operations in the Battle Mountain-Cortez trend of Nevada. The MRE, incorporating over 125,000 feet of RC and core drilling in 234 holes, outlines both a near
surface as well as an underground resource and was completed by James Ashton of Dyer Engineering and Carl Defilippi of Kappes, Cassiday & Assoc. with an effective date of May 19, 2021. Highlights of the MRE include: Near Surface Resource: Measured & Indicated Total Resource of 537,300 ounces of gold and
8.1 million ounces of silver plus an Inferred Total Resource of 147,300 ounces of gold and 1.2 million ounces of silver. Underground Resource: Inferred Resource of 796,200 ounces of gold. The technical report has been prepared in accordance with Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards on Mineral Resources and Reserves that establish definitions and guidance on the definitions for Mineral Resources, Mineral Reserves, and Mining Studies used in
Canada. The Mineral Resource, Mineral Reserve, and Mining Study definitions are incorporated, by reference, into NI 43-101 - Standards of Disclosure for Mineral Projects. There are no material differences between information disclosed in the Company's May 19, 2021 news release and the technical report. Tillkännagivande • Jun 24
Golden Independence Mining Corp. Intersects 1.89 g/t Gold and 6.9 g/t Silver over 50 Feet at Independence Project Golden Independence Mining Corp. announced results from the initial six drill holes of the recently completed 12 hole 7,425 foot Phase II RC drill program at the Independence project, south of Battle Mountain, Nevada. Six holes of the Phase II RC drill program targeted the main oxide gold zone and six holes targeted the intrusive gold target. Results for two holes from the main oxide zone and four holes from the intrusive gold target include: 0.66 g/t gold and 7.2 g/t silver over 195 feet (59.4 metres) including 1.89 g/t gold and 6.9 g/t silver over 50 feet (15.2 metres). 0.68 g/t gold and 5.0 g/t silver over 150 feet (45.7 metres) including 1.52 g/t gold and 8.0 g/t silver over 45 feet (13.7 metres). Tillkännagivande • Jun 04
Golden Independence Mining Corp. announced that it expects to receive CAD 0.5 million in funding Golden Independence Mining Corp. (CNSX:IGLD) announced a non-brokered private placement of up to 1,724,138 common shares at an issue price of CAD 0.29 for gross proceeds of up to CAD 500,000. The securities issued are subjected to four months hold period from the date of issuance. The transaction is subjected to approval of Canadian Securities Exchange. Tillkännagivande • May 27
Golden Independence Completes Phase II Drill Program At Independence Golden Independence Mining Corp. announce the completion of Phase II reverse circulation (RC) drilling at the Company's Independence project located adjacent to Nevada Gold Mines' Phoenix-Fortitude mining operations in the Battle Mountain-Cortez trend of Nevada. The Phase II RC drill program consisted of 12 holes totaling 7,425 feet and focused on additional drilling near the Company's recent high-grade discovery reported in hole AGEI-32 which returned 80 feet grading 9.1 g/t gold and 23.2 g/t silver, and on expanding known mineralization in the north of the project near hole AGEI-47 which returned 530 feet grading 0.5 g/t gold and 3.5 g/t silver from surface. All samples will be shipped to the ALS Minerals prep lab in Elko, Nevada with analyses completed at the ALS Minerals Lab in Reno, Nevada. Both facilities are ISO 9001:2015 and ISO/IEC 17025:2017 certified. All samples will be analyzed utilizing ALS ME-ICP41 procedure, an aqua regia digestion with ICP-AES finish, with gold determined by the Au-AA23 procedure, a 30-gram fire assay with AAS finish. ALS Minerals is independent from Golden Independence. All holes are sampled in continuous 5 foot intervals from top to bottom. Golden Independence institutes a rigorous QA/QC program of duplicate samples, blanks and standards. Tillkännagivande • May 20
Golden Independence Mining Corp. Announces its Maiden National Instrument 43-101 (NI 43-101) Compliant Mineral Resource Estimate Golden Independence Mining Corp. announced its maiden National Instrument 43-101 (NI 43-101) compliant Mineral Resource Estimate (‘MRE’) for the company's Independence project located adjacent to Nevada Gold Mines' Phoenix-Fortitude mining operations in the Battle Mountain-Cortez trend of Nevada. The MRE incorporates over 125,000 feet of RC and core drilling in 234 holes, outlining both a near surface and an underground resource. The Company is actively advancing the near surface portion of the MRE towards a Preliminary Economic Assessment anticipated by year-end 2021. Highlights of the MRE include: Near Surface Resource: Measured & Indicated Total Resource of 537,300 ounces of gold and 8.1 million ounces of silver plus an Inferred Total Resource of 147,300 ounces of gold and 1.2 million ounces of silver; Underground Resource: Inferred Resource of 796,200 ounces of gold. The Company commenced an 8,000-foot reverse circulation (RC) drill program in late April focused on expanding the near-surface high-grade oxide mineralization encountered in hole AGEI-32 and in delineating additional resources in the relatively sparsely drilled northern portion of the Independence project. The resource estimate was completed by James Ashton of Dyer Engineering with an effective date of May 17, 2021 and complies with National Instrument 43-101 and guidelines developed in 2014 by the Canadian Institute of Mining and Metallurgy (‘CIM’). Tillkännagivande • May 08
Golden Independence Completes Remediation of Historical Operations Golden Independence Mining Corp. announced completion of remediation work at a site related to historical operations dating back to the mid 20th century at the Independence property. The Independence property is located adjacent to Nevada Gold Mines' Phoenix-Fortitude mining operations in the Battle Mountain-Cortez trend of Nevada. During the course of ongoing permitting activities at the Independence project, hazardous materials were identified inside several old buildings constructed and utilized by previous operators. These materials were safely removed and disposed of by licensed and permitted hazardous materials clean-up contractors under the supervision of the Bureau of Land Management. Due to the age of the site, an archeologist was also in attendance to insure no despoliation of cultural artifacts or sites of significance. Tillkännagivande • Apr 29
Golden Independence Mining Corp. Commences Phase II RC Drilling At Independence Project Golden Independence Mining Corp. announced the Phase II reverse circulation (RC) drill program has commenced at the Independence project, south of Battle Mountain, Nevada. This program will focus on expanding the near surface high-grade oxide mineralization discovered in hole AGEI-32 and in delineating additional resources in the relatively sparsely drilled northern portion of the Independence project, following up on the significant results from the Phase I program, including: Hole AGEI-32 - 9.11 g/t gold and 25.2 g/t silver over 80 feet (24.4 metres). Hole AGEI-47 - 0.50 g/t gold and 3.5 g/t silver over 530 feet (161.5 metres). The Phase II program will consist of approximately 8,000 feet of RC drilling in 10 to 15 holes. All samples will again be sent to the ALS Minerals prep lab in Elko, for final analysis at the ALS minerals lab in Reno. Both facilities are ISO 9001:2015 and ISO/IEC 17025:2017 certified. All samples will be analyzed utilizing ALS ME-ICP41 procedure, an aqua regia digestion with ICP-AES finish, with gold determined by the Au-AA23 procedure, a 30-gram fire assay with AAS finish. Golden Independence will continue with its rigorous QA/QC program of duplicate samples, blanks and standards. Tillkännagivande • Apr 10
Golden Independence Mining Corp. announced that it has received CAD 2.8 million in funding On April 9, 2021, Golden Independence Mining Corp. (CNSX:IGLD) closed the transaction. The completion of the transaction is subject to the approval of the Canadian Securities Exchange. In connection with the transaction, the company paid aggregate cash finders' fees of CAD 59,285 and issued an aggregate of 263,040 finder warrants to eligible finders, with the finder warrants having the same terms and conditions. Tillkännagivande • Mar 25
Golden Independence Mining Corp. announced that it expects to receive CAD 2.5 million in funding Golden Independence Mining Corp. (CNSX:IGLD) announced a non-brokered private placement of up to 8,620,690 units at a price of CAD 0.29 per unit for gross proceeds of up to CAD 2,500,000.1 on March 24, 2021. Each unit will consist of one common share and one-half of one 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 0.45 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 hold period. The transaction is subject to the approval of the Canadian Securities Exchange. The company may pay fees to certain finders equal to 6% of the gross proceeds and issue warrants equal to 6% of the units placed. Each finder’s warrant will have the same terms as the warrants issued in the transaction. Tillkännagivande • Mar 17
Golden Independence Mining Corp. Announces the Next Series of Drill Results from Its Recently Completed 2020 Resource Expansion Drill Program At the Independence Project, South of Battle Mountain, Nevada Golden Independence Mining Corp. announced the next series of drill results from its recently completed 2020 resource expansion drill program at the Independence project, south of Battle Mountain, Nevada. Results from these four reverse circulation (RC) holes include: 9.11 g/t gold and 25.2 g/t silver over 80 feet (24.4 metres) including 12.06 g/t gold and 30.7 g/t silver over 60 feet (18.3 metres) including 23.16 g/t gold and 49.8 g/t silver over 30 feet (9.1 metres), 0.92 g/t gold and 18.5 g/t silver over 115 feet (35.1 metres) including 1.78 g/t gold and 30.7 g/t silver over 50 feet (15.2 metres), 0.52 g/t gold and 9.8 g/t silver over 185 feet (56.4 metres) including 1.24 g/t gold and 24.2 g/t silver over 15 feet (4.6 metres), 0.65 g/t gold and 17.5 g/t silver over 40 feet (12.2 metres). The drill chip logs for the 440 foot to 470 foot interval in AGEI-32 was described as a well developed zone of gossan within the chert. Iron oxide was found as staining and fracture filling. Remnant sulfides and orange limonite cavities were also noted along with one mm size chunk of massive pyrite. Arsenopyrite and bornite were also noted in the chips and were reflected in over limit arsenic and elevated copper in the multi-element analyses. Only some secondary quartz was noted. All samples were shipped to the ALS Minerals prep lab in Elko, Nevada with analyses completed at the ALS Minerals Lab in Reno, Nevada. Both facilities are ISO 9001:2015 and ISO/IEC 17025:2017 certified. All samples are analyzed utilizing ALS ME-ICP41 procedure, an aqua regia digestion with ICP-AES finish, with gold determined by the Au-AA23 procedure, a 30-gram fire assay with AAS finish. ALS Minerals is independent from Golden Independence. Golden Independence institutes a rigorous QA/QC program of duplicate samples, blanks and standards. Tillkännagivande • Mar 11
Golden Independence Intersects 0.617 G/T Gold and 3.8 G/T Silver over 255 Feet from Surface At Independence Project Golden Independence announce the next series of drill results from its recently completed 2020 resource expansion drill program at the Independence project, south of Battle Mountain, Nevada. Nevada. Results from these three reverse circulation (RC) holes include: 0.617 g/t gold and 3.8 g/t silver over 255 feet (77.7 metres), including 2.528 g/t gold and 3.0 g/t silver over 35 feet (10.7 metres), 0.302 g/t gold and 4.4 g/t silver over 325 feet (99.1 metres), including 0.593 g/t gold and 3.3 g/t silver over 30 feet (9.1 metres), 0.291 g/t gold and 7.0 g/t silver over 305 feet (93.0 metres), including 0.659 g/t gold and 19.0 g/t silver over 40 feet (12.2 metres). Tillkännagivande • Mar 05
Golden Independence Mining Corp. Announces Next Series of Drill Results from its Recently Completed 2020 Resource Expansion Drill Program at the Independence Project, South of Battle Mountain, Nevada Golden Independence Mining Corp. announced the next series of drill results from its recently completed 2020 resource expansion drill program at the Independence project, south of Battle Mountain, Nevada. Quality assurance: All samples were shipped to the ALS Minerals prep lab in Elko, Nevada with analyses completed at the ALS Minerals Lab in Reno, Nevada. Both facilities are ISO 9001:2015 and ISO/IEC 17025:2017 certified. All samples are analyzed utilizing ALS ME-ICP41 procedure, an aqua regia digestion with ICP-AES finish, with gold determined by the Au-AA23 procedure, a 30-gram fire assay with AAS finish. ALS Minerals is independent from Golden Independence. Golden Independence institutes a rigorous QA/QC program of duplicate samples, blanks and standards. Based on a review of the QA/QC data is not aware of any other factors that could materially affect the accuracy or reliability of the data referred to herein. Tillkännagivande • Feb 27
Golden Independence Announces the Appointment of Jeremy Poirier and Benjamin Asuncion to the Company's Advisory Board Golden Independence announced the appointment of Mr. Jeremy Poirier and Mr. Benjamin Asuncion to the Company's Advisory Board. Mr. Poirier has over 15 years of experience in the capital markets, built a strong network of investor and industry contacts, served on a number of boards, and held senior officer positions at several public and private companies. Mr. Poirier was a co-founder of Pure Energy Minerals Ltd. and served as a Director from December 2013 to September 2016, in addition to holding a senior management role. Tillkännagivande • Feb 24
Golden Independence Announces Next Series of Drill Results from Recently Completed 2020 Resource Expansion Drill Program at Independence Project, South of Battle Mountain, Nevada Golden Independence announced the next series of drill results from its recently completed 2020 resource expansion drill program at the Independence project, south of Battle Mountain, Nevada. Results from these three reverse circulation (RC) holes include: 0.845 g/t gold and 92 g/t silver over 130 feet (39.6 metres) including 1.436 g/t gold and 179.5 g/t silver over 65 feet (19.8 metres) including 3.318 g/t gold and 581.6 g/t silver over 15 feet (4.6 metres) and including 1.274 g/t gold and 50 g/t silver over 20 feet (7.6 metres); 0.521 g/t gold and 4.7 g/t silver over 165 feet (50.3 metres) including 0.697 g/t gold and 7.0 g/t silver over 65 feet (19.8 metres); 0.438 g/t gold and 8.7 g/t silver over 170 feet (51.8 metres) including 1.287 g/t gold and 20.8 g/t silver over 15 feet (4.6 metres) and 0.746 g/t gold and 23.9 g/t silver over 20 feet (6.1 metres). Is New 90 Day High Low • Feb 19
New 90-day low: CA$0.29 The company is down 56% from its price of CA$0.66 on 20 November 2020. The Canadian 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 flat over the same period. Tillkännagivande • Feb 18
Golden Independence Mining Corp. Submits Independence Project Description to BLM Golden Independence Mining Corp. announced that it has filed preliminary documents with the Bureau of Land Management (BLM), to address the informational requirements outlined in BLM Instruction Memorandum NV-2014-019 or BMD-2018-IM 003, for a hard rock precious metal development operation at Independence. These include a description of the project and the proposed Site Layout. The Company, working with its consultants, continues to advance the Independence project with an updated NI 43-101 compliant resource estimate anticipated in mid H1 2021, followed by a PEA during H2 2021. Dyer Engineering has prepared an initial Site Layout for the project with all the proposed facilities lying inside the Independence project's 640-acre area which sits within the permitted Plan of Operations for NGM's Phoenix mine. This proposal has been sent to the BLM for their review and commentary. In fourth quarter of 2020, Golden Independence completed a 23 hole RC drill program at the Independence project designed to confirm and expand the project's Historical resource. Assays from seven of these holes have been released to date with the balance anticipated before the end of first quarter of 2021. Results from these holes will be incorporated into the upcoming NI 43-101 compliant resource estimate. An additional 13 RC holes were completed in first quarter of 2021 with assays pending. Results from these drill holes may or may not be included in the upcoming resource estimate subject to receipt of assays. Ultimately these holes will be included in any subsequent resource updates on the project. In total, Golden Independence has completed drilling of 25,340 feet in 36 RC holes and 1,903 feet in 5 bore holes on the Independence project. Is New 90 Day High Low • Jan 29
New 90-day low: CA$0.41 The company is down 22% from its price of CA$0.53 on 30 October 2020. The Canadian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 1.0% over the same period. Tillkännagivande • Jan 29
Golden Independence Mining Corp. Announces Further Drill Results from Its Recently Completed 2020 Resource Expansion Drill Program At the Independence Project, South of Battle Mountain, Nevada Golden Independence Mining Corp. announced further drill results from its recently completed 2020 resource expansion drill program at the Independence project, south of Battle Mountain, Nevada. Results from these four reverse circulation (RC) holes include: 2.21 g/t gold and 13.2 g/t silver over 60 feet (18.3 metres), 1.61 g/t gold and 10.3 g/t silver over 20 feet (6.1 metres), 0.53 g/t gold and 6.1 g/t silver over 115 feet (35.1 metres), 0.49 g/t gold and 4.7 g/t silver over 185 feet (56.4 metres). Tillkännagivande • Jan 22
Golden Independence Mining Corp. Intersects 1.11 g/t Gold and 7.8 g/t Silver over 20 Feet at Independence Project Golden Independence Mining Corp. announced initial drill results from its recently completed 2020 resource expansion drill program at the Independence project, south of Battle Mountain, Nevada. Results from the first 3 reverse circulation (RC) holes drilled include: 0.45 g/t gold and 3.3 g/t silver over 110 feet (33.5 metres) including 1.11 g/t gold and 7.8 g/t silver over 20 feet (6.1 metres), 0.57 g/t gold and 3.1 g/t silver over 55 feet (16.8 metres), 0.42 g/t gold and 6.8 g/t silver over 80 feet (24.4 metres). All samples were shipped to the ALS Minerals prep lab in Elko, Nevada with analyses completed at he ALS Minerals Lab in Reno, Nevada. Both facilities are ISO 9001:2015 and ISO/IEC 17025:2017 certified. All samples are analyzed utilizing ALS ME-ICP41 procedure, an aqua regia digestion with ICP- AES finish, with gold determined by the Au-AA23 procedure, a 30-gram fire assay with AAS finish. ALS Minerals is independent from Golden Independence. Golden Independence institutes a rigorous QA/QC program of duplicate samples, blanks and standards. Based on a review of the QA/QC data is not aware of any other factors that could materially affect the accuracy or reliability of the data referred to herein. Tillkännagivande • Dec 17
Golden Independence Mining Corp. Releases Additional Assay Results Including 270 Feet Grading 1.10 g/t Gold Golden Independence Mining Corp. announced the additional drill results from previously-unreleased holes completed on the Independence project subsequent to the 2010 Historical Resource Estimate (the "Historical Resource"). These results are from 12 reverse circulation (RC) holes drilled in 2017 by a previous operator. These 12 RC holes, in addition to the 44 holes announced on December 9th, 2020, were not available for the Historical Resource but will be included in the upcoming resource update, anticipated in Q1/21, as will the RC holes from the company's ongoing drill program. 270 feet grading 1.10 g/t gold in hole AGEI-02 including 5 feet grading 10.00 g/t gold; 160 feet grading 0.79 g/t gold in hole AGEI-08; and 90 feet grading 1.24 g/t gold in hole AGEI-04 including 5 feet grading 5.26 g/t gold. Tillkännagivande • Dec 10
Golden Independence Mining Corp. Announces Drill Results from Previously-Unreleased Holes Completed on the Independence Project Subsequent to the 2010 Historical Resource Estimate Golden Independence Mining Corp. announced drill results from previously-unreleased holes completed on the Independence project subsequent to the 2010 Historical Resource Estimate. These highlight assay results are from 44 reverse circulation (RC) holes drilled between 2009 and 2010 by a previous operator. These 44 RC holes were not available for the Historical Resource but will be included in the upcoming resource update in Q1/21 in addition to RC holes from the Company's ongoing drill program. Assay Highlights: 155 feet grading 3.94 g/t gold in hole GM-128 including 5 feet grading 99.33 g/t gold; 45 feet grading 9.52 g/t gold in hole GM-127 including 10 feet grading 33.84 g/t gold; 180 feet grading 1.20 g/t gold in hole GM-088 including 10 feet grading 7.65 g/t gold; 100 feet grading 1.63 g/t gold in hole GM-103 including 10 feet grading 8.52 g/t gold; 85 feet grading 1.88 g/t gold in hole GM-111 including 5 feet grading 5.01 g/t gold. Is New 90 Day High Low • Nov 06
New 90-day high: CA$0.60 The company is up 287% from its price of CA$0.15 on 05 August 2020. The Canadian market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 3.0% over the same period. Tillkännagivande • Oct 16
Golden Independence Mining Corp. Commences Drilling At Its Independence Property in Nevada Golden Independence announced the drill program has commenced on its Independence Gold project in Battle Mountain, Nevada (the "Independence Property"). New Frontier Drilling LLC of Reno, Nevada, contracted to complete the drill program, collared the first drill hole on October 11th, 2020. The 12,000-foot Phase 1 diamond and reverse-circulation drilling program, is fully-funded through the Company's recently-completed oversubscribed $4 million private placement. The Company is currently permitted to drill in excess of 160 holes from over 80 drill sites. The objective of the drill program remains to confirm the historic resource to current and expand the areas of known mineralization, culminating in a resource estimate anticipated in early 2021. Is New 90 Day High Low • Oct 14
New 90-day high: CA$0.52 The company is up 300% from its price of CA$0.13 on 14 July 2020. The Canadian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 5.0% over the same period. Tillkännagivande • Oct 08
Golden Independence Announces Fall 2020 Exploration Program at its Independence Property in Nevada Golden Independence announced plans for a Fourth Quarter 2020 exploration program at its Independence Gold project in Battle Mountain, Nevada. The Company has secured the drilling contractor with a deposit and is securing additional support contractors. In addition, COVID19 protocols are being established and implemented. The Phase 1 program, fully permitted for over 160 drill holes from over 80 sites, is expected to commence later this month. The initial program is currently budgeted for over 12,000 feet of diamond and reverse circulation drilling, along with concurrent resource modelling and permitting for an open-pit heap-leach production scenario. The drill program will focus on confirming the historic resource estimate to current and expand the areas of known mineralization which will culminate in a resource estimate anticipated in early 2021. The Independence property consists of 14 unpatented lode claims along with mill site mining claims totalling 960 acres and is located 0.5 miles (800 metres) southwest of the Nevada Gold Mines (Newmont/Barrick) Phoenix gold mine within Nevada Gold Mines' Phoenix mine plan of operation boundary. Golden Independence has the option to acquire up to a 75% interest in the property, through a series of cash payments and work programs. Highlights include: Significantly advanced project with over $25 million in past exploration, including the drilling of over 200 holes, metallurgical test work and site development; Host to a 2010 historical estimate. Fully permitted for the drilling of over 160 holes on 80 drill sites for resource expansion and development drilling. Tillkännagivande • Oct 01
Golden Independence Mining Corp. Appoints Donald Mcdowell to Board of Directors Golden Independence Strengthens Board of Directors with Appointment of Donald McDowell to Board of Directors Golden Independence Mining Corp. ("Golden Independence" or the "Company") announced the appointment of seasoned explorationist Donald McDowell to the Company's Board of Directors. Tillkännagivande • Sep 18
Golden Independence Mining Corp. Announces Appointment of Donald McDowell to Board of Directors GOLDEN INDEPENDENCE MINING CORP - Strengthens Board of Directors with Appointment of Donald - McDowell to Board of Directors. Golden Independence Mining Corp. ("Golden Independence" or the "Company") announced the appointment of seasoned explorationist Donald McDowell to the Company's Board of Directors. Mr. McDowell will also serve as Project Manager on the Company's Independence Gold Project located in the Battle Mountain District of Nevada. Tillkännagivande • Jul 17
66 Resources Corp. Announces Management Changes 66 Resources Corp. announced the appointment of Mr. R. Timothy Henneberry as Chief Executive Officer of the company. Mr. Henneberry replaces 66 Resources Corp. founder, Mr. Michael Dake, who has stepped down as CEO, however, Mr. Dake will continue to remain a Director of the Company Mr. Henneberry was a founding Director, President and Chief Executive Officer of Appleton Exploration Inc. from 2006 to 2011 and founding Director, President and Chief Executive Officer of Indigo Exploration Inc. from 2009 to 2011. 