Nexus GOLD Announces Private Placement
NEXUS GOLD CORP.
Suite 802, 750 West Pender Street
Vancouver, BC, V6C 2T8
604-558-1919
NEWS RELEASE
NEXUS GOLD ANNOUNCES PRIVATE PLACEMENT
Vancouver B.C., April 12, 2024 – NEXUS GOLD CORP. (the “Company”) (TSX.V: NXS, OTCQB: NXXGF,
FSE: N6E) is pleased to announce that it will offer (the “Offering”) up to 20,0000,000 units (each, a “Unit”) by
way of non -brokered private placement at a price of $0.0 2 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 $0.0 5 for a period of twenty-
four months.
The net proceeds from the Offering will be utilized for general working capital purposes. The Company does
not anticipate that any proceeds from Offering will be utilized for investor relations activities, or for payments
to non-arms length parties to the Company.
In connection with completion of the Offering, the Company may pay finders' fees to eligible third parties who
have assisted in introducing subscribers to the Company. All securities issued in connection with the Offering
will be subject to a statutory hold period of four -months-and-one-day in accordance with applicable securities
laws. Completion of the Offering remains subject to the approval of the TSX Venture Exchange.
About Nexus Gold Corp.
Nexus Gold is a Canadian-based gold development company with an extensive portfolio of exploration projects
in West Africa. The Company’s West African-based portfolio totals over 560-sq kms (56,000+ hectares) of land
located on active gold belts and proven mineralized trends. The Company is focusing on the development of
several core assets while seeking joint -venture, earn -in, and strategic partnerships for other projects in its
growing portfolio.
ON BEHALF OF THE BOARD OF NEXUS GOLD CORP.
“Milad Zareian”
Milad Zareian, Chief Executive Officer
For further information please contact:
Milad Zareian, Chief Executive Officer
Tel: 416-846-4599
Forward-Looking Statements
This press release includes certain "forward -looking information" and "forward -looking statements" (collectively "forward-
looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements
of historical fact, included herein, without limitation, statements relating to the future operating or financial performance of
the Company, are forward looking statements. Forward -looking statements are frequently, but not always, identified by
words such as "exp ects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions,
or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward -looking
statements in this press release relate to, among other things: statements relating to the successful closing of the Offering
and anticipated timing thereof and the intended use of proceeds. Actual future results may differ materially. There can be
no assurance that such statemen ts will prove to be accurate, and actual results and future events could differ materially
from those anticipated in such statements. Forward looking statements reflect the beliefs, opinions and projections on the
date the statements are made and are based upon a number of assumptions and estimates that, while considered
reasonable by the respective parties, are inherently subject to significant business, technical, economic, and competitive
uncertainties and contingencies. Many factors, both known and unkn own, could cause actual results, performance or
achievements to be materially different from the results, performance or achievements that are or may be expressed or
implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to
many of these factors. Such factors include, without limitation: the timing, completion and delivery of the referenced
assessments and analysis. Readers should not place undue reliance on the forward -looking statements and infor mation
contained in this news release concerning these times. Except as required by law, the Company does not assume any
obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change,
except as required by law.
TSX Venture Exchange Disclaimer
Neither the 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.