Nexus Gold Corp.

Nexus Gold is pleased to announce that Edward Kelly has been appointed as Chief Executive Officer of the Company, and Kevin Hart has been appointed as Chief Financial Officer, effective immediately. Both Messrs. Kelly and Hart have also been appointed to the board of directors of the Company. Messrs. Kelly and Hart fill vacancies created by Milad Zareian, Brian Shin and Kevin Shum, each of which have resigned from their [...]

Nexus Goldis pleased to announce that it will offer up to 20,0000,000 units by way of non-brokered private placement at a price of $0.02 per Unit for aggregate gross proceeds of up to $400,000. Each Unit will consist of one common share of the Company and one common share purchase warrant allowing holders to purchase an additional common share at a price of $0.05 for a period of twenty-four months. The net proceeds from [...]

Nexus Gold is pleased to provide a corporate update regarding its plans to return to the Dakouli 2 Gold Project. The Dakouli 2 property is a 9,800-ha gold project with several established zones of mineralization. Gold is situated from near surface to 200m depth, with the majority of the significant drill intercepts in the 100-meter range. The Company recently paid taxes on the property and intends to raise sufficient [...]

Nexus Gold is pleased to provide an update on the intended listing of its proposed spinout of Nexus Metals on the CSE. Nexus Metals previously applied for listing of its common shares on the CSE following completion of a plan of arrangement involving Nexus Gold. The Company is continuing to work with CSE staff to advance the application and address remaining requirements to complete the listing. Completion of a listing on [...]

Nexus Gold is pleased to announce that it has reached agreements with two arms-length creditors of the Company to settle outstanding indebtedness totaling $735,821 through the issuance of 14,716,422 common shares at a deemed price of $0.05 per Settlement Share. The outstanding indebtedness comprises principal amounts which were previously advanced to the Company for working capital purposes, along with accrued interest [...]

Nexus Gold announces that the TSX Venture Exchange has approved an extension to close the non-brokered private placement announced on April 14, 2023 involving the issuance of up to 20,000,000 units of the Company at a price of $0.05 per Unit for gross proceeds of up to $1,000,000. The extension allows the Offering to remain open through to July 14, 2023. Each Unit in the Offering will be comprised of one common share and [...]

Nexus Gold is pleased to announce it has signed an option agreement to acquire a 90% interest in the 6,200-ha Fofora Gold Project exploration permit. The Company can earn up to a 90% interest in the property by making a combination of cash USD $300,000 and 500,000 share payments over 54 months. The Fofora permit is located on the eastern side of the Hounde greenstone belt in the Kampti department; in the province of Poni [...]

Nexus Gold is pleased to announce that it has closed the first tranche of its non-brokered $1 million private placement, as described in its press release of April 14, 2023 and has issued 10,000,000 units of the Company at a price of $0.05 per Unit for aggregate proceeds of $500,000. In connection with the Offering, each Unit consists of one common share and one common share purchase warrant. Each Warrant entitles the [...]

Nexus Gold as previously announced on April 14, 2023, the Company confirms that effective at the close of business on May 17, 2023, it will consolidate its common share capital on a ten-for-one basi. Effective at the opening of markets on May 18, 2023, the common shares of the Company will commence trading on a post-consolidation basis under the existing ticker symbol "NXS". The Consolidation is intended to make the [...]

Nexus Gold is pleased to announce that it plans to consolidate its common share capital on a ten-to-one basis. In connection with the Consolidation, the Company intends to undertake a non-brokered private placement of post-Consolidation units of the Company under the Listed Issuer Financing Exemption. Nexus intends to complete the Consolidation before closing of the Offering in order to better position the Company for [...]