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.