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NXS.V ·

Nexus GOLD Extends Expiry Date of Warrants

Share Capital & Compensation

NEXUS GOLD CORP.

Suite 720 – 700 West Pender Street

Vancouver, BC V6C 1G8

Telephone: 604.558.1920

NEWS RELEASE

NEXUS GOLD EXTENDS EXPIRY DATE OF WARRANTS

Vancouver, Canada – May 3, 2019 - Nexus Gold Corp. (“ Nexus” or the “ Company”) (TSX-V: NXS , OTC:

NXXGF, FSE: N6E ) is pleased to announce that it intends to extend the expiry date of an aggregate of

10,013,566 previously issued common share purchase warrants (the “ Warrants”) exercisable at $0.25. The

expiry date of the Warrants will be extended to May 25, 2020. There will be no other changes to the terms

of the Warrants.

The Amendment remains subject to the approval of the TSX Venture Exchange

About the Company

Nexus Gold Corp. is a Vancouver -based gold exploration and development company with four projects in

Burkina Faso, West Africa, and two more in Canada (Bridge River Mining Camp, BC and Red Lake, Ontario).

The Company is currently concentrating efforts on establishing a compliant resource at one or more its’

current Burkina-based projects which total over 560 sq.km (56,000 + hectares) of land located on active

gold belts and proven mineralized trends. For more information on these projects, please visit the Company

website at www.nexusgoldcorp.com

For further information, contact Alex Klenman at [email protected]

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 risk s 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.