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Nexus Uranium adds ISR expert to board, schedules permit hearing

April 16, 2026 4:03 AM

Nexus Uranium Corp. (CSE: NEXU) (OTCQB: NEXUF) (FSE: JA7) appointed Mark Hollenbeck to its advisory board effective April 15, 2026, according to a company statement. The South Dakota Board of Minerals and Environment scheduled a hearing for the company's uranium exploration permit application for May 18-22, 2026.



Hollenbeck brings over 30 years of experience in engineering and natural resource management, with expertise in uranium asset permitting and development in the In-Situ Recovery sector. He served as project manager for the Dewey-Burdock Uranium Project in South Dakota for over a decade, navigating Nuclear Regulatory Commission and Environmental Protection Agency regulatory processes.



The former mayor of Edgemont, South Dakota, holds a chemical engineering degree from the South Dakota School of Mines and Technology. He operates Sunrise Ranch and advocates for regenerative agriculture and soil health.



The hearing will address the company's uranium exploration permit application (EXNI 453) for the Chord Project at the Mueller Civic Center in Hot Springs, South Dakota. If approved, permits must be issued within 30 days under South Dakota law. The company stated its drill program is fully funded and anticipated to begin in summer 2026, subject to permit receipt.



The Chord Project exploration area is located approximately seven miles north of Edgemont in Fall River County, South Dakota. The exploration program contemplates drilling up to 38 exploration holes to a maximum depth of 700 feet using reverse circulation drilling methods.



Nexus granted Hollenbeck 50,000 restricted share units that vest immediately upon grant. The units and underlying common shares are subject to a four-month hold period under Canadian securities laws and CSE policies.

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