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NXS.V ·

Nexus GOLD Announces Grant of Stock Options

Share Capital & Compensation

NEXUS GOLD CORP.

Suite 802, 750 West Pender Street

Vancouver, BC V6C 2T7

Telephone: 604.558.1920

NEWS RELEASE

NEXUS GOLD ANNOUNCES GRANT OF STOCK OPTIONS

Vancouver, Canada – August 13, 2019 - Nexus Gold Corp. (“ Nexus” or the “ Company”) (TSX -V: NXS , OT C:

NXXGF, FSE: N6E ) announces that the Company will grant 2,500,000 incentive st ock options to certain

directors, officers and consultants of the Company at an exercisable price of $0.10 for a period of sixty months.

The options will vest immediately.

About the Company

Nexus Gold is a Vancouver -based gold exploration and development company with a portfolio of

active projects in West Africa and Canada. The Company is concentrating its ef forts on establishing a

compliant resource at one or m ore of it's four current West African -based projects which total over

560-sq kms (56,000+ hectares) of land located on active gold belts and proven mineralized trends,

while also conducting development al phases on its five 100%-owned Canadian projects, namely the

McKenzie Gold Project in Red Lake, Ontario, the New Pilot Project, located in BC's historic Bridge

River Mining Camp , and three prospective gold -copper projects (3,300 -ha) in the province of

Newfoundland. For more information please visit www.nexusgoldcorp.com.

On behalf of the Board of Directors of

NEXUS GOLD CORP.

Alex Klenman

President & CEO

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 Excha nge) accepts responsibility for the adequacy or accuracy of this release. This news release

may contain forward -looking statements. The se statements are based on current expectations and

assumptions that are subject to risks and uncertainties. Actual resul ts could differ materially because of factors

discussed in the management discussion and analysis section of our interi m and most recen t annual financial

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

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

applicable laws.