Nexus Uranium Raises CA$1.92 Million Via Non-Brokered Prospectus Offering

11:34 AM EDT, 10/19/2026 (MT Newswires) -- Nexus Uranium (NEXU.CN) closed its non-brokered prospectus offering of units raising CA$1.9 million, it said in a statement on Monday. Each unit is comprised of one common share and one common share purchase warrant, with each warrant entitling the holder to buy a share for CA$0.70 apiece until April 16, 2028. Proceeds will be used to advance its uranium property portfolio in South Dakota and Arizona, and for general working capital and corporate needs. Shares of the company were last seen down 3.9% at CA$0.49 on the Canadian Securities Exchange. Price: 0.49, Change: -0.02, Percent Change: -3.92