Preheat oven to 325. Prepare bundt pan with cooking spray. Sprinkle nuts in bottom of cake pan.
Mix cake ingredients together. Pour batter over nuts. Bake one hour. Cool and invert onto serving plate.
Prepare glaze: Melt butter in saucepan. Stir in water and sugar. Boil 5 minutes, stirring constantly. Remove from heat. Stir in rum.
Prick holes in top of cake with fork. Drizzle and smoothe glaze over top and sides of cake. Allow cake to absorb glaze. Repeat until glaze is used up.
Last Step: Don't forget to share!
Make all your friends drool by posting a picture of your finished recipe on your favorite social
network. And don't forget to tag Just A Pinch and include #justapinchrecipes so we can see it too!