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NXS.V ·

Nexus GOLD to Complete Private Placement

Financings

NEXUS GOLD CORP.

Suite 720 – 700 West Pender Street

Vancouver, BC V6C 1G8

Telephone: 604.558.1920

NEWS RELEASE

NEXUS GOLD TO COMPLETE PRIVATE PLACEMENT

Vancouver, Canada – April 27, 2018 - Nexus Gold Corp. (“Nexus” or the “Company”) (TSX-V: NXS, OTC:

NXXGF, FSE: N6E) is pleased to announce that it intends to conduct a non-brokered private placement of up

to 20,000,000 units (each, a “Unit”), at a price of $0.15 per Unit, for gross proceeds of up to $3,000,000. Each

Unit will consist of one common share of the Company, and one-half-of-one common share purchase warrant

(each whole warrant, a “Warrant”). Each whole Warrant will be exercisable to acquire one additional

common share of the Company at a price of $0.25 per share for a period of twelve months from the date of

issue.

The net proceeds will be used by the Company to conduct further ground follow up and drilling at its

Bouboulou, Rakounga and Niangouela gold concessions in Burkina Faso, West Africa, and for general working

capital purposes.

In connection with the private placement, the Company may pay finder’s fees to eligible persons introducing

subscribers to the Company. All securities issued in connection with the private placement will be subject to

a four-month-and-one-day statutory hold period. Closing of the private placement remains subject to final

approval of the TSX Venture Exchange.

About the Company

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

world’s premier mining districts. The Company is currently concentrating its efforts on two gold projects

located in Burkina Faso, West Africa. The Bouboulou gold project consists of the 38-sq km Bouboulou claims

and the adjacent 250-sq km Rakounga gold concession. 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 & 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 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.