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NXS.V ·

Nexus GOLD Announces Effective Date FOR Share Consolidation

Corporate Actions

NEXUS GOLD CORP.

Suite 720 – 700 West Pender Street

Vancouver, BC V6C 1G8

Telephone: 604.558.1920

NEWS RELEASE

NEXUS GOLD ANNOUNCES EFFECTIVE DATE FOR SHARE CONSOLIDATION

Vancouver, Canada – April 12, 2018- Nexus Gold Corp. (“Nexus” or the “Company”) (TSX-V: NXS, OTC:

NXXGF, FSE: N6E) announces that its outstanding share capital will be consolidated on a ten-for-one basis,

effective at the opening of markets on April 13, 2018. Following completion of the consolidation, the

Company will have approximately 14,607,387 common shares outstanding.

About the Company

Nexus Gold Corp. is a Vancouver-based gold exploration and development company operating in some of

the world’s premier mining districts. The Company is currently concentrating its efforts on two gold

projects located in Burkina Faso, West Africa. The Bouboulou gold project consists of the 38-sq km

Bouboulou claims and the adjacent 250-sq km Rakounga gold concession. The Niangouela gold concession

is a 178-sq km project featuring high grade gold occurring in and around a primary quartz vein 1km in

length and associated shear zone. For more information on these projects, please visit the Company

website at www.nexusgoldcorp.com

On behalf of the Board of Directors of

NEXUS GOLD CORP.

Alex Klenman

Chairman & COO

604-558-1920

[email protected]

www.nexusgoldcorp.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of

the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news

release may contain forward-looking statements. These statements are based on current expectations and

assumptions that are subject to risks and uncertainties. Actual results could differ materially because of

factors discussed in the management discussion and analysis section of our interim and most recent annual

financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian

securities regulations. We do not assume any obligation to update any forward-looking statements, except

as required by applicable laws.