Vancouver, British Columbia–(Newsfile Corp. – February 2, 2024) – Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the “Company” or “Nexus”) We would like to announce the following. Renewal agreement with MIC Market Information & Content Publishing GmbH (“Ministry of Internal Affairs and Communications“) (Address: Gerhart-Hauptmann-St. 49b 51379 Leverkusen, Email: contact@micpublishing.de, Telephone: +49 2171-7766628) Commencing on February 5, 2024 (the “Agreement”), the Marketing Services It will continue until March. 30th, in 2024 or until the budget is exhausted. Pursuant to this Agreement, MIC will use his €250,000 consideration to engage in an online program aimed at increasing investor awareness and interest in the Company through various online platforms and engagement methods. Marketing activities are conducted via email, Facebook, and Google. MIC does not have any relationship with us other than prior marketing activities and this Agreement constitutes an arm's length transaction.
The company also announced that it has renewed its arm's length marketing agreement with Sideways Frequency LLC (“SFLLC“), originally dated December 18, 2023. Updated Agreement ((“marketing agreement“) will take effect from February 1stcent, runs through 2024 and runs through March 1, 2024. In consideration for SFLLC's marketing and investor awareness services (“service“), we have agreed to pay SFLLC a fee of $150,000 (USD) for a one-month period (“semesterWe may choose to renew the Agreement at any time during the Term.
Services include, but are not limited to, email campaigns, native advertising, display advertising, lead generation, content creation, strategic planning, digital advertising placement, and overseeing the progress and results of digital campaigns. not.
The consideration provided to SFLLC does not include any securities of the Company. Other than our previous involvement, we have no relationship with his SFLLC or his CEO of his SFLLC, Mr. Wesley De Souza.
The Company also announces that it has granted a consultant to the Company 20,000 restricted stock units.RSUPursuant to the Company's current omnibus stock plan, RSUs vest immediately on the date of grant and entitle the recipient to receive one common share of the Company's capital (each 'common stock), a corresponding payment of cash, or a combination of cash and common stock at our sole discretion. RSUs and the underlying common stock are subject to a four-month holding period as required by CSE's policies.
About Sideways Frequency LLC
SFLLC is a limited liability company existing under the laws of the State of Utah. Based on publicly available information, SFLLC creates advertisements consisting of profile profiles of listed companies and runs marketing campaigns such as pay-per-click (PPC) marketing, email marketing, native advertising, display advertising, etc. We are in the business of maintaining or updating. The Client's website as the Client deems appropriate. SFLLC's business address is 1389 Center Drive, Suite 200, Park City, Yeta, 84098. You can contact SFLLC by email at info@sidewaysfrequency.com.
About Nexus Uranium Corp.
Nexus Uranium Corp. is advancing its precious metals portfolio, which includes the development-stage Independence mine adjacent to Nevada Gold Mine's Phoenix Fortitude mine in Nevada, as well as the Ray Mesa uranium-vanadium project in Utah. We are a focused multi-product development company. , the Napoleon Gold Project in British Columbia, and a gold claim package in the Yukon Territory. The Ray Mesa project covers 6,282 acres in the heart of Utah's prolific Urban Mining District and is a major historic drilling project that has drilled more than 500 holes defining multiple zones of mineralization. is being carried out. The Independence Project has a measured and indicated (M&I) resource of 334,300 oz gold (28 million tonnes at 0.41 g/t gold) and 847,000 oz gold (9 million tonnes at 3.22 g/t gold) with significant silver. tons) of resources. credit. The 2021 Preliminary Economic Assessment (PEA) outlines a low-cost heap leaching operation focused on near-surface resources, with total gold production of 195,443 ounces and sustaining costs per ounce of gold. It will be $1,078 (US). The Napoleon project consists of over 1,000 hectares and is prospective for various forms of gold mineralization, and exploration of the area dates back to his 1970s, when high-grade gold was discovered. The Yukon Gold Project consists of nearly 8,000 hectares of quartz claims with potential for high-grade gold mineralization, including 144 g/t gold, the highlight of historic grab sampling.
Nexus Uranium advised investors that the preliminary economic assessment is preliminary in nature and is considered too geologically speculative to apply economic considerations that would allow it to be classified as a mineral reserve. It contains inferred mineral resources and warns that there is no certainty. A preliminary economic evaluation will be realized. The Company acknowledges that Mineral Resources that are not Mineral Reserves have not demonstrated economic viability and that the amount and grade of reported Inferred Mineral Resources are inherently uncertain and that these Inferred Mineral Resources are It further warns investors that there is insufficient exploration to define as such. Indicates mineral resources.
The company cautions investors that it has not yet verified historical data and further states that any samples investors take are selective in nature and are unlikely to represent a sampling of the average grade of the entire property. I'm warning you.
For more information, please contact us below.
jeremy poirier
chief executive officer
info@nexusuranium.com
This news release contains certain statements and information that may constitute “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking statements and information generally include forward-looking terminology such as “intends” or “anticipates” or variations of such words or phrases, or specific actions, events or results. can be identified by the use of the words “may” and “could”. “,'' “should,'' “would,'' or “occur.'' All statements in this news release, other than statements of historical fact, including statements regarding future estimates, plans, goals, timing, assumptions or expectations of future performance, are forward-looking statements and reflect future performance. Contains information about prospects. Forward-looking statements are based on certain material assumptions and analyzes made by the Company and management's opinions and estimates as of the date of this news release. This includes, but is not limited to, statements regarding our continuing business. the Company's expected growth, including the advancement of the Ray Mesa Uranium Vanadium Project in Utah and other projects, and the continued and successful engagement of MIC and SFLLC;
These forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results, level of activity, performance or achievements to differ materially from those implied by or in such forward-looking statements. may be affected by other factors that may Positive information. Although the Company's management has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, There may be other factors that cause the results to differ from those anticipated, estimated or intended. . There can be no assurance that such statements will prove to be accurate, as actual results or future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements or forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. We undertake no obligation to update any forward-looking statements, forward-looking information or financial outlook incorporated herein by reference, except in accordance with applicable securities laws.
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