Nexus Plans IPO for Gold Project Subsidiary

Golden Independence Mining (TSE:NEXU) has released an update.

Nexus Uranium Corp. has revealed plans to spin off its Independence Gold Project into a new subsidiary, NewCo, which will pursue an IPO and listing on a Canadian stock exchange. The strategic move aims to capitalize on robust gold prices and allow Nexus to concentrate on its core uranium exploration activities. The Independence Gold Project in Nevada boasts significant measured, indicated, and inferred gold resources and has demonstrated strong economic potential in a Preliminary Economic Assessment.

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