Nexus Uranium and Basin Uranium Complete Arrangement Transaction

Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) ("Nexus") and Basin Uranium Corp. (CSE: NCLR) ("Basin") are pleased to announce that Nexus has completed the acquisition of all the issued and outstanding common shares of Basin (the "Basin Shares") as previously announced on June 26, 2025. Under the terms of the court approved plan of arrangement under the Business Corporations Act (British Columbia) (the "Arrangement"), 29,999,982 common shares of Nexus (the "Nexus Shares") are being issued to former Basin shareholders, representing approximately 1.1 Nexus Shares for each Basin Share (the "Exchange Ratio"). Each outstanding stock option to acquire Basin Shares was exchanged for a stock option to acquire Nexus Shares, in amounts and at exercise prices adjusted in accordance with the Exchange Ratio. Further, each outstanding warrant to acquire Basin Shares will entitle the holder thereof to receive, upon the exercise thereof, approximately 1.1 of a Nexus Share at a price adjusted in accordance with the Exchange Ratio, and otherwise on the same terms and conditions of the original warrant.

The Arrangement was approved by Basin shareholders at an annual general and special meeting held on September 4, 2025. On September 9, 2025, the Supreme Court of British Columbia issued the final order to approve the Arrangement. For additional details regarding the Arrangement, see Basin's management information circular dated August 1, 2025, a copy of which can be found under Basin's profile on SEDAR+ at www.sedarplus.ca.

In connection with the Arrangement, Michael Blady, CEO of Basin, has been appointed to the board of directors of Nexus.

Arrangement Highlights:

North American Focused Exploration & Development Company with a portfolio of six uranium projects including the Cree East and Mann Lake projects located in the high-grade Athabasca Basin of Saskatchewan, and four potentially ISR-amenable US projects underscored by the resource-stage Chord uranium project in South Dakota.
Improved Access to Capital, Stronger Balance Sheet and improved liquidity with a more diversified shareholder base and enhanced market capitalization.
Benefits from recent North American (N.A.) Uranium Market Developments including US Federal Government initiatives to boost US and N.A. uranium production, increased SMR certifications and deployments, and power demand which has corresponded with the strengthening of both short- and long-term uranium spot prices.

Jeremy Poirier, CEO of Nexus, commented, "Completing the arrangement brings our teams and capital together under a U.S.-centric uranium platform anchored by the resource-stage Chord project in South Dakota. With a broader shareholder base and stronger balance sheet, we're focused on advancing priority U.S. work programs and delivering disciplined, value-accretive milestones."

Mike Blady, CEO, Basin Uranium (now Director, Nexus Uranium), further added, "This transaction gives Basin shareholders ownership in a larger, more liquid vehicle while preserving additional upside through the Blade spin-out. I look forward to supporting Nexus at the board level as we progress the combined U.S. portfolio in a constructive uranium market."

Following the Arrangement, former Basin shareholders hold approximately 41% of the issued and outstanding Nexus Shares.

The Basin Shares will be delisted from the Canadian Securities Exchange (the "CSE") effective September 16, 2025, and Basin will apply to the relevant Canadian securities regulatory authorities to cease to be a reporting issuer under applicable Canadian securities laws.

Spinout and Blade Resources Inc.

In addition, as part of the Arrangement, Basin shareholders received 3,000,000 common shares ("SpinCo Shares") of a subsidiary of Basin, Blade Resources Inc. ("Blade") on the basis of approximately 0.11 of a SpinCo Share for every Basin Share held. In exchange for the SpinCo Shares, Basin transferred its option to acquire an up to 60% interest in the Carbonate Hosted Gold project, a gold project located in southern British Columbia, to Blade.

Blade also issued 2,000,000 SpinCo Shares to Nexus in exchange for Nexus' transfer of: (i) the Napoleon gold project, comprised on 1,281 hectares in the Kamloops Mining Division in British Columbia; and (ii) 100% interest in the Yukon gold mining quartz mining claims, to Blade.

Blade became a reporting issuer in British Columbia, Alberta, and Ontario as a result of the Arrangement. Blade intends to list the SpinCo Shares on a Canadian stock exchange in the near future.

Letter of Transmittal

Registered Basin shareholders should send their completed and executed letters of transmittal and their Basin share certificates to the depository, Endeavor Trust Corporation, as soon as possible in order to receive the consideration, being the Nexus Shares and SpinCo Shares to which they are entitled under the Arrangement. Non-registered Basin shareholders who hold shares through a broker or another intermediary should follow the instructions provided to them by their broker or such other intermediary. A copy of the letter of transmittal is available on SEDAR+ at www.sedarplus.ca under Basin's profile.

None of the securities to be issued pursuant to the Arrangement have been or will be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and any securities issuable in the Transaction are anticipated to be issued in reliance upon available exemptions from such registration requirements pursuant to Section 3(a)(10) of the U.S. Securities Act and applicable exemptions under state securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities.

About Nexus Uranium Corp.

Nexus Uranium Corp. is a multi-commodity development company focused on advancing the Cree East uranium project in the Athabasca Basin in addition to its precious metals portfolio that includes the Napoleon gold project in British Columbia and a package of gold claims in the Yukon. The Cree East project is one of the largest projects within the Athabasca Basin of Saskatchewan spanning 57,752 hectares (142,708 acres) and has seen over $20 million in exploration to date. The Napoleon project comprises over 1,280 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 are comprised of almost 8,000 hectares of quartz claims prospective for high-grade gold mineralization. Additional information on Nexus can be found on its website www.nexusuranium.com and on its SEDAR+ profile at www.sedarplus.ca.

About Basin Uranium Corp.

Basin is a Canadian junior exploration company focused on mineral exploration and development in the green energy sector. The company has five advanced-stage uranium projects located in the United States, namely the Chord and Wolf Canyon projects in South Dakota, the South Pass and Great Divide Basin projects in Wyoming, and the Wray Mesa project in Utah. All five projects have seen extensive historical exploration and located in prospective development areas. The company also has the Mann Lake uranium project, located in the world-class Athabasca basin of Northern Saskatchewan, Canada, in addition to the CHG gold project in south-central British Columbia. Additional information on Basin can be found on its website www.basinuranium.ca and on its SEDAR+ profile at www.sedarplus.ca.

On Behalf of the Nexus Board
Jeremy Poirier
Chief Executive Officer
info@nexusuranium.com

On Behalf of the Basin Board
Mike Blady
Chief Executive Officer
info@basinuranium.ca

Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this news release.

Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". These forward-looking statements or information may relate to the expected timing for delisting of the Basin Shares, expectations regarding the application for Basin to cease to be a reporting issuer, Blade pursuing listing of the SpinCo Shares on a Canadian stock exchange, as well as Nexus' ongoing business plan, exploration and work program.

Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management at the time, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward-looking statements. Although Nexus and Basin have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Such statements represent the current views of Nexus and Basin with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by Nexus and Basin, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Risks and uncertainties include, but are not limited to the following: changes to Nexus and/or Basin's current and future business plans and the strategic alternatives available thereto; and regulatory determinations and delays. Other factors which could materially affect such forward-looking information are described in each of Nexus and Basin's management discussion and analysis and financial statements for each of the companies most recent fiscal year end and in Nexus and Basin's other filings with the Canadian securities regulators which are available under their respective profiles on SEDAR+ at www.sedarplus.ca. Nexus and Basin do not undertake to update any forward-looking information, except in accordance with applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/266629

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Basin Uranium NCLR:CNX CNSX:NCLR Gold Investing

NCLR:CNX

Basin Uranium Announces Submission of Permit at South Pass

Basin Uranium CORP. (CSE: NCLR) (CNSX: NCLR.CN) ("Basin Uranium" or the "Company") is pleased to announce it has submitted a permit application to the Bureau of Land Management, Department of the Interior for exploration drilling at the South Pass Uranium Project (the "Project" or "South Pass") located in Fremont and Sublette County, Wyoming, USA. The Project, which was acquired through direct staking by the Company, is comprised of 151 unpatented mineral lode claims totaling 3,020 acres located along the perimeter of the Great Divide Basin of Wyoming (see Figure 1). Wyoming is home to both the largest uranium reserves and top producing state in US1, with the Great Divide Basin representing the least exploited of Wyoming's basins estimated to contain over 270 million pounds of uranium2.

The Company has engaged RESPEC Consulting Inc. ("RESPEC") as a strategic technical and operational partner for the permitting and has submitted a Plan of Operation ("PoO") for up to 47 drill pads and 30,000 feet of drilling. The drill program is designed to both confirm the and extend the uranium mineralization delineated from the extensive exploration history of the project. Due to standardization of permitting for uranium exploration in Wyoming, the Company anticipates the receipt of all requisite permits in Q3 2024.

"The simultaneous permitting for multiple projects provides us with the flexibility to rapidly advance exploration on multiple fronts concurrently," commented Mike Blady, CEO of Basin Uranium. "Our partnership with RESPEC allows us to leverage their extensive experience in permitting, exploration and development of uranium assets throughout the USA."

South Pass Project, Wyoming

The South Pass Uranium Project is comprised of 3,020 acres of contiguous claims (151 unpatented mineral lode claims) located 45 miles southwest of Lander, Wyoming. Access to the property is facilitated through State Highway 28, located within 5 miles to the southeast, with year-round gravel and ATV roads servicing the claims. Exploration dates back to the 1960's and 1970's with several large companies having drilled numerous wells along a 12-mile-long trend that bisects the long axis of the property. Specifically, close-spaced drilling by Rocky Mountain Energy Corp. (a subsidiary of Union Pacific Railway) in the 1980's reported uranium mineralization at depths of over 400 feet - depths which would be potentially amenable to in-situ recovery (ISR) methods. Evaluation of historical records also indicated a historic resource was calculated on at least two parts of the claims currently comprising the South Pass project, however additional verification and validation must be performed by the Company's Qualified Person before being disclosed publicly.

The reader is cautioned that at this time it is too early to assess the feasibility of these recovery methods at South Pass however mineralization at this depth typically lies within the parameters of ISR mining and recovery.

Figure 1: South Pass Project Map

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8416/210703_6296f331847d1b74_001full.jpg

Qualified Person:

R. Tim Henneberry, PGeo (B.C.), a technical advisor to the Company, is the Qualified Person as defined by National Instrument 43-101 who has reviewed and approved the technical data in this news release.

About Basin Uranium Corp.

Basin Uranium is a Canadian junior exploration company focused on mineral exploration and development in the green energy sector. The company has five advanced-stage uranium projects located in the United States, namely the Chord and Wolf Canyon projects in South Dakota, the South Pass and Great Divide Basin projects in Wyoming, and the Wray Mesa project in Utah. All five projects have seen extensive historical exploration and located in prospective development areas. The Company also has the Mann Lake uranium project, located in the world-class Athabasca basin of Northern Saskatchewan, Canada, in addition to the CHG gold project in south-central British Columbia.

For further information, please contact Mr. Mike Blady or view the Company's filings at www.sedarplus.ca.

On Behalf of the Board of Directors
Mike Blady
Chief Executive Officer
info@basinuranium.ca
604-722-9842

Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this news release.

FORWARD-LOOKING STATEMENTS:

Cautionary Note Regarding Forward-Looking Statements: This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, timing, assumptions or expectations of future performance are forward-looking statements and contain forward-looking information. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this news release. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary include, without limitation, uncertainties affecting the expected use of proceeds. Although management of the Company 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 results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.

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Basin Uranium Announces Filing of Technical Report Including Maiden Resource Estimate for Chord

Basin Uranium CORP. (CSE: NCLR) (CNSX: NCLR.CN) ("Basin Uranium" or the "Company") is pleased to announce the filing of the NI 43-101 mineral resource estimate ("MRE") for its Chord uranium project located in Fall River County, South Dakota, USA. The Chord Uranium Project, Fall River County, South Dakota, USA Mineral Resource NI 43-101 Technical report was prepared by BRS Engineering Inc. with an effective date of May 7th, 2024 (the "Technical Report"). A copy of the Technical Report can be found under the Company's issuer profile on SEDAR+ (www.sedarplus.ca) and on the Company's website.

Chord MRE Highlights:

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Basin Uranium Stakes Uranium Project in the Great Divide Basin, Wyoming

Basin Uranium CORP. (CSE: NCLR) (CNSX: NCLR.CN) ("Basin Uranium" or the "Company") is pleased to announce it has acquired the Great Divide Basin Uranium Project (the "Project" or "GDB") located in Sweetwater County, Wyoming, USA. The Project, which was acquired through direct staking by the Company, is comprised of 104 unpatented mineral lode claims totaling approximately 1,880 acres located in south-central Wyoming and within the Great Divide Basin (Figure 1). The claims are located contiguous with Premier American Uranium's Cyclone Project which hosts an exploration target ranging from 6.5 million short tons averaging 0.06% U3O8 (7.9 million lbs. U3O8) to 10.5 million short tons averaging 0.06% U3O8 (12.6 million lbs. U3O8)1. Wyoming is home to both the largest uranium reserves and top producing uranium state in US2, with the Great Divide Basin representing the least exploited of Wyoming's basins estimated to contain over 270 million pounds of uranium3.

"The staking of the GDB property represents our continued expansion into the USA and second internally generated project in Wyoming. We continue to execute on acquiring and developing strategic assets located in prolific mining districts with extensive historical exploration," commented Mike Blady, CEO of Basin Uranium. "The GDB Project and surrounding area have played host to a plethora of explorers, starting with the U.S. government in the 1950's and most recently Tournigan Energy Ltd. in the mid 2000's. The well understood geology, historic exploration, and proximity to UR Energy's Lost Creek ISR mine and processing facility add to the appeal and potential of GDB. Wyoming represents one of the premiere exploration and mining jurisdictions for uranium within the USA which provides for a clearly defined and expedient pathway for permitting and development."

The Great Divide Basin (GDB) Project, Wyoming

The GDB Project is comprised of approximately 1,880 acres of contiguous claims (104 unpatented mineral lode claims) located south and west of Jeffrey City and north and west of Wamsutter, Wyoming. The Project adjoins Premier American Uranium's Cyclone Project and is readily accessible by gravel and dirt roads maintained by the Bureau of Land Management (BLM). The Project has seen extensive historical drilling dating back to the 1970's with many of the pads identifiable on the western half of the project. More recently, Tournigan Energy drilled a number of wells with grade-thickness or GT (grade U₃O₈X thickness in feet) in excess of 0.25GT from a grid located about 500 - 1,000 feet to the southwest of the project, further highlighting the potential for economic grade uranium mineralization within the immediate vicinity.

Figure 1 - GDB Project Location

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8416/209419_3d9f0ef1d47f0b8a_001full.jpg

Qualified Person

R. Tim Henneberry, PGeo (B.C.), a technical advisor to the Company, is the Qualified Person as defined by National Instrument 43-101 who has reviewed and approved the technical data in this news release.

About Basin Uranium Corp.

Basin Uranium is a Canadian junior exploration company focused on mineral exploration and development in the green energy sector. The company has five advanced-stage uranium projects located in the United States, namely the Chord and Wolf Canyon projects in South Dakota, the South Pass and Great Divide Basin projects in Wyoming, and the Wray Mesa project in Utah. All five projects have seen extensive historical exploration and located in prospective development areas. The Company also has the Mann Lake uranium project, located in the world-class Athabasca basin of Northern Saskatchewan, Canada, in addition to the CHG gold project in south-central British Columbia.

For further information, please contact Mr. Mike Blady or view the Company's filings at www.sedarplus.ca.

On Behalf of the Board of Directors
Mike Blady
Chief Executive Officer
info@basinuranium.ca
604-722-9842

Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this news release.

FORWARD-LOOKING STATEMENTS:

Cautionary Note Regarding Forward-Looking Statements: This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, timing, assumptions or expectations of future performance are forward-looking statements and contain forward-looking information. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this news release. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary include, without limitation, uncertainties affecting the expected use of proceeds. Although management of the Company 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 results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.

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Basin Uranium Announces Acceleration of Warrant Expiry Date

Basin Uranium CORP. (CSE: NCLR) (CNSX: NCLR.CN) ("Basin Uranium" or the "Company") announces that further to its news release dated September 26, 2023, the expiry date (the "Expiry Date") of its 2,503,306 outstanding share purchase warrants issued on October 19, 2022 and November 15, 2022 (the "Warrants") shall be amended to 30 days in accordance with the policies of the Canadian Securities Exchange (the "CSE"). The acceleration of the Expiry Date is mandated by the policies of the CSE in respect of the previous repricing of the Warrant's exercise price.

On May 10, 2024, the price of the Company's common shares on the CSE closed at $0.485, after closing at or above $0.438 for a period of 10 consecutive trading days (the "Trading Period"). Based on the terms of CSE's warrant repricing policies in respect to the Company's Warrants, this triggers the Company's obligation to accelerate the Expiry Date of the 2,503,306 Warrants held by shareholders who participated in the private placement detailed in the Company's news releases dated October 19, 2022 and November 16, 2022. The exercise period of the Warrants has been accelerated to 30 days (the "Accelerated Term"). The Accelerated Term shall commence seven (7) days from the end of the Trading Period. Accordingly, the new Expiry Date of the Warrants is June 16, 2024. Any Warrants that are unexercised will expire and be cancelled after 5:00 p.m. (Vancouver time) on June 16, 2024.

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Basin Uranium Announces Maiden Mineral Resource Estimate at Its Chord Uranium Project

Basin Uranium CORP. (CSE: NCLR) (CNSX: NCLR.CN) ("Basin Uranium" or the "Company") is pleased to announce an initial mineral resource estimate (MRE) for its Chord uranium project located in Fall River County, South Dakota, USA. This MRE incorporates the Company's historic data set acquired through private and public sources and provides a path to expand and build towards a much larger, potentially in-situ recoverable (ISR) resource.

The MRE was prepared by BRS Engineering Inc. in accordance with NI 43-101, Standards of Disclosures for Mineral Projects.

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Gold Price Breaks US$3,700, Then Falls as Fed Cuts Rates

The US Federal Reserve held its sixth meeting of 2025 from Tuesday (September 16) to Wednesday (September 17) amid slowing growth in the country's jobs market.

The central bank met analysts’ expectations by lowering the federal funds rate by 25 basis points to the 4 to 4.25 percent range. It marks the first cut of 2025, after holding at the 4.25 to 4.5 percent range since December 2024.

Despite August consumer price index (CPI) data showing inflation rose to 2.9 percent from 2.7 percent in July, a weakening labor market became the focus of the Fed’s dual mandate of stable prices and maximum employment.

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Uranium Inferred Mineral Resource Area	GT Cutoff (ft%)	AVG. Thickness (ft)	AVG. Grade (%eU₃O₈)	Tons/ (Millions)	Pounds (e U₃O₈) (Millions)
October-Jinx	0.25	8.8	0.081	1.584	2.569
Viking	0.25	6.0	0.082	.050	.082
Ridge Runner	0.25	5.9	0.069	.075	.103
Total Inferred Mineral Resource	0.25	8.5	.081	1.709	2.754

Exploration Target Trend	Trend Length (ft)	Trend Width (ft)	AVG. Thickness Range (ft)	AVG. Grade Range (%eU₃O₈)	Tons Range (Millions)	Pounds (e U₃O₈) Range (Millions)
Viking-Runner	7,650	400	3.6 - 7.3	0.056 - 0.074	0.730 - 1.635	0.813 - 2.419
Jinx Ridge	2,480	400	3.6 - 7.3	0.056 - 0.074	0.249 - 0.559	0.278 - 0.826
October South	1,860	600	3.6 - 7.3	0.056 - 0.074	0.298 - 0.668	0.332 - 0.989
Total	11,990		3.6 - 7.3	0.056 - 0.074	1.278 - 2.862	1.422 - 4.234
The potential quantity and grade disclosed above are conceptual in nature and there has been insufficient exploration to define a mineral resource at these targets. Further exploration is needed to test them for mineralization. No guarantee is made that any future resource will be delineated by future exploration.

Uranium Inferred Mineral Resource Area	GT Cutoff (ft%)	AVG. Thickness (ft)	AVG. Grade (%eU₃O₈)	Tons (Millions)	Pounds (e U₃O₈) (Millions)
October-Jinx	0.25	8.8	0.081	1.584	2.569
Viking	0.25	6.0	0.082	.050	.082
Ridge Runner	0.25	5.9	0.069	.075	.103
Total Inferred Mineral Resource	0.25	8.5	.081	1.709	2.754

Exploration Target Trend	Trend Length (ft)	Trend Width (ft)	AVG. Thickness Range (ft)	AVG. Grade Range (%eU₃O₈)	Tons Range (Millions)	Pounds (e U₃O₈) Range (Millions)
Viking-Runner	7,650	400	3.6 - 7.3	0.056 - 0.074	0.730 - 1.635	0.813 - 2.419
Jinx Ridge	2,480	400	3.6 - 7.3	0.056 - 0.074	0.249 - 0.559	0.278 - 0.826
October South	1,860	600	3.6 - 7.3	0.056 - 0.074	0.298 - 0.668	0.332 - 0.989
Total	11,990		3.6 - 7.3	0.056 - 0.074	1.278 - 2.862	1.422 - 4.234

Nexus Uranium and Basin Uranium Complete Arrangement Transaction

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