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Vanguard Mining to Acquire Nucleon Uranium, Expanding Athabasca Basin Presence
September 10, 2025. — Leads & Copy —Vanguard Mining Corp. (CSE: UUU | OTC: UUUFF | Frankfurt: SL51) has announced it will acquire Nucleon Uranium Ltd. through a share exchange agreement, pending customary approvals. The acquisition aims to enhance Vanguard’s uranium portfolio by integrating Nucleon Uranium’s properties in the Athabasca Basin.
Nucleon Uranium holds seven mineral claims totaling 23,424.90 hectares in Saskatchewan, Canada, located in the Athabasca Basin. David Greenway, President & CEO of Vanguard Mining Corp., stated the acquisition strengthens their footprint in the uranium district and positions Vanguard to capitalize on the global nuclear renaissance.
The acquired claims are near Fission Uranium’s Patterson Lake South, NexGen Energy’s Arrow deposits, and active exploration projects from Atha Energy Corp., Denison Mines, Cameco Corporation, and Orano Canada. Vanguard believes the claims represent a compelling exploration opportunity due to established infrastructure and proven geology.
Under the agreement, Vanguard will issue 7,000,000 common shares and make C$200,000 in cash payments to Nucleon Uranium shareholders. The transaction is expected to close in Q4 2025, pending customary conditions and regulatory approvals, after which Nucleon Uranium will become a wholly-owned subsidiary of Vanguard Mining.
Additionally, Vanguard Mining has entered into a mineral property option agreement with Hilltop Resources Inc., granting Hilltop the option to acquire the Pinchi Lake Nickel Project in British Columbia and the Georgia Lake Project in Ontario.
Lawrence Segerstrom, a consulting geologist and a Qualified Person under NI 43-101, has reviewed and approved the scientific and technical information.
Brent Rusin
Phone: +1 672-533-0348
E-Mail:brent@vanguardminingcorp.com
Source: Vanguard Mining Corp.