| FORM 3 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
(Country) | 2. Date of Event Requiring Statement
(Month/Day/Year) 03/18/2026 | 3. Issuer Name and Ticker or Trading Symbol
Frontier Nuclear & Minerals Inc. [ FNUC ] | |||||||||||||||
| 3a. Foreign Trading Symbol
| 5. If Amendment, Date of Original Filed
(Month/Day/Year) | ||||||||||||||||
| 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
| 6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Beneficially Owned | |||
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| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Stock Options (Right to Buy) | (1) | 02/23/2031 | Common Shares | 50,000 | $3.08 | D | |
| Restricted Stock Units | (2) | (3) | Common Shares | 8,209 | (4) | D | |
| Restricted Stock Units | (5) | (3) | Common Shares | 10,000 | (4) | D | |
| Explanation of Responses: |
| 1. The Stock Options were granted on February 23, 2026 under the Issuer's option plan. The Stock Options vest in accordance with the following schedule: (i) 50% vest on February 23, 2027 and (ii) 50% vest on February 23, 2028. |
| 2. The Restricted Stock Units ("RSUs") were granted on February 23, 2026 under the Issuer's restricted share unit award plan ("RSU Plan"). The RSUs will vest as to the number of shares indicated and, on the later of (i) July 1, 2026; and (ii) such date as the Reporting Person may elect provided such date is within the time period allowed under the RSU Plan. Notwithstanding any provisions within the RSU Plan to the contrary, the RSUs shall be entitled to immediate vest upon the occurrence of a Change of Control (as defined in the RSU Plan) or if vesting is accelerated by the Issuer's Board of Directors. |
| 3. The RSUs do not expire. |
| 4. Each RSU represents a contingent right to receive one Common Share or the cash equivalent thereof as allowed under the RSU plan. |
| 5. The RSUs were granted on February 23, 2026 under the Issuer's RSU Plan. The RSUs will vest on the later of (i) the earlier of (y) January 1, 2027, or (z) the market capitalization of the Issuer exceeding US$150,000,000 for 10 consecutive trading days; and (ii) such date as the Reporting Person may elect, provided such date is within the time period allowed under the RSU Plan. |
| Nazareth Nikhil Kyle | 03/23/2026 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||
| * Form 3: SEC 1473 (03-26) | ||