Nexus GOLD Completes Additional Private Placement Financing
NEXUS GOLD CORP.
Suite 802, 750 West Pender Street
Vancouver, BC, V6C 2T8
604-558-1919
NEWS RELEASE
NEXUS GOLD COMPLETES ADDITIONAL PRIVATE PLACEMENT FINANCING
Vancouver, Canada – April 9, 2020 – Nexus Gold Corp. (“Nexus” or the “Company”) (TSX-V: NXS,
OTCQB: NXXGF, FSE: N6E) is pleased to announce that it has completed an offering (the “Offering”) of
5,000,000 units (each, a “Unit”) by way of non-brokered private placement at a price of $0.05 per Unit
for gross proceeds of $250,000. Each Unit consists of one common share of the Company, and one
common share purchase warrant exercisable to acquire an additional share at a price of $0.07 for a
period of twenty-four months.
No finders’ fees or commissions were paid in connection with completion of the Offering. All securities
issued in connection with the Offering are subject to a four -month-and-one-day statutory hold period
in accordance with applicable securities law. The Company anticipates utilizing the proceeds of the
Offering to advance exploration and drilling efforts at the Company’s McKenzie Gold Project, located
in Red Lake, Ontario, and for general working capital purposes.
About the Company
Nexus Gold is a Canadian-based gold development company with an extensive portfolio of nine
exploration projects in West Africa and Canada. 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,
while it’s 100%-owned Canadian projects include the McKenzie Gold Project in Red Lake, Ontario, the
New Pilot Project, located in British Columbia's historic Bridge River Mining Camp, and three
prospective gold-copper projects (3,300-ha) in the Province of Newfoundland. 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.
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
www.nexusgoldcorp.com
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. 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.