Mr. Jeremy Poirier reports

NEXUS ANNOUNCES FILING OF AMENDED AND RESTATED OFFERING DOCUMENT

Nexus Uranium Corp. has filed an amended and restated offering document dated April 15, 2024, in accordance with Part 5A of National Instrument 45-106, Prospectus Exemptions, to make certain minor changes to the document.

The amended and restated offering document has been filed in connection with the company's previously announced non-brokered private placement of a minimum of 1.6 million units at a price of 50 cents per unit to raise minimum gross proceeds of $800,000 and a maximum of 2.4 million units to raise maximum gross proceeds of $1.2-million.

The amended and restated offering document can be accessed under the company's profile on SEDAR+ and on the company's website. Prospective investors should read the amended and restated offering document before making an investment decision.

About Nexus Uranium Corp.

Nexus Uranium is a multicommodity development company focused on advancing the Cree East uranium project in the Athabasca basin and the Wray Mesa uranium-vanadium project in Utah in addition to its precious metal portfolio that includes the development-stage Independence mine located adjacent to Nevada Gold Mines' Phoenix-Fortitude mine in Nevada, the Napoleon gold project in British Columbia and a package of gold claims in Yukon. The Wray Mesa project covers 6,282 acres within the heart of the prolific Uruvan mining district in Utah and has extensive historical drilling of over 500 holes defining multiple mineralized zones. The Independence project hosts a measured and indicated resource of 334,300 ounces of gold (28 million tonnes at 0.41 gram per tonne gold) and an inferred resource of 847,000 ounces (nine million tonnes at 3.22 grams per tonne gold) of gold with a substantial silver credit. A 2021 preliminary economic assessment (PEA) outlined a low-cost heap-leach operation focusing on the near-surface resource with total production of 195,443 ounces of gold at an all-in sustaining cost of $1,078 (U.S.) per ounce of gold. The Napoleon project comprises over 1,000 hectares and prospective for multiple forms of gold mineralization, with exploration in the area dating back to the 1970s with the discovery of high-grade gold. The Yukon gold projects comprise almost 8,000 hectares of quartz claims prospective for high-grade gold mineralization with historical grab sampling highlights of 144 grams per tonne gold.

We seek Safe Harbor.