Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

NXS.V ·

Nexus GOLD Announces Management and Board Changes

Management Changes

NEXUS GOLD CORP.

Suite 720 – 700 West Pender Street

Vancouver, BC V6C 1G8

Telephone: 604.558.1920

NEWS RELEASE

NEXUS GOLD ANNOUNCES MANAGEMENT AND BOARD CHANGES

Vancouver, Canada – May 1, 2018 - Nexus Gold Corp. (“Nexus” or the “Company”) (TSX-V: NXS, OTC:

NXXGD, FSE: N6E) reports the following management and board changes:

Management Changes

Effective immediately, Alex Klenman, the current Chairman and Chief Operating Officer of the Company,

has been appointed as Chief Executive Officer. Mr. Klenman replaces the current Chief Executive Officer of

the Company, Peter Berdusco, who will remain with the Company as president until June 1, 2018, at which

time Mr. Klenman will also assume the role of president. Mr. Berdusco will remain as director of the

Company going forward. Also, effective immediately, Warren Robb, P. Geo, has been named Senior Vice

President, Exploration.

Board Appointment

Effective immediately, the Company is also pleased to announce the appointment of J. Ian Stalker to the

board of directors. Mr. Stalker has more than 40 years of development and operational mining experience

in countries around the world, including over a decade working in West Africa. Among his many senior

executive positions, he was Managing Director of Ashanti Goldfields Co. Limited (later to become

AngloGold Ashanti); Vice President of Gold Fields Ltd., at one point the world’s fourth largest gold producer;

and Chief Executive Officer & Director of Brazilian Gold Corp., among others.

Among his current titles, Mr. Stalker is the Chairman of Plateau Energy Metals, President & CEO of LSC

Lithium, and a Director of K92 Mining Inc., a TSXV listed company that is operating a high-grade gold mine

in Papua New Guinea.

“We’re very pleased to add Ian to the Nexus team,” said Chairman, Alex Klenman. “He is very familiar with

gold exploration and mining in West Africa and will provide excellent guidance moving forward. He has

direct experience taking projects from initial exploration phases through to resource establishment, and

eventually to production. We welcome him on board and look forward to him contributing to the growth

of the Company,” continued Mr. Klenman.

Mr. Stalker fills the vacancy created by Michael Kinley who has resigned as a director of the Company. Mr.

Kinley will remain with the Company as Chief Financial Officer.

US OTC Symbol Change

The Company would also like to confirm that its OTC Markets trading symbol has been changed from

“NXXGF” to “NXXGD” as a result of the earlier share consolidation.

About the Company

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

Burkina Faso, West Africa. The 38-sq km Bouboulou gold concession contains five established zones of gold

mineralization confirmed by both historic and current drilling. The 250-sq km Rakounga gold concession is

contiguous to the Bouboulou concession that features several active artisanal zones, in addition to

extending two 5km gold trends from the Bouboulou property up to 16km in length. 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 & CEO

604-558-1919

[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.