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NXS.V ·

Nexus GOLD to Complete Share Consolidation

Corporate Actions

NEXUS GOLD CORP.

Suite 720 – 700 West Pender Street

Vancouver, BC V6C 1G8

Telephone: 604.558.1920

NEWS RELEASE

NEXUS GOLD TO COMPLETE SHARE CONSOLIDATION

Vancouver, Canada – April 5, 2018 - Nexus Gold Corp. (“Nexus” or the “Company”) (TSX-V: NXS, OTC:

NXXGF, FSE: N6E) announces that its board of directors has approved a restructuring of the Company

though a consolidation of its outstanding common share capital (the “Share Consolidation”) on the basis of

up to one post-Share Consolidation common shares for every ten pre-Share Consolidation common shares

outstanding.

Assuming completion of the Share Consolidation on a 10-for-1 basis, the Company would have

approximately 14,607,387 common shares outstanding. Completion of the Share Consolidation remains

subject to the approval of the TSX Venture Exchange, and the Company will issue a further news release

once the final ratio for the Share Consolidation has been determined.

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. T he 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. F or 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.