Nexus Goldis pleased to announce that it will offer up to 20,0000,000 units by way of non-brokered private placement at a price of $0.02 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 [...]
Nexus Gold is pleased to provide a corporate update regarding its plans to return to the Dakouli 2 Gold Project. The Dakouli 2 property is a 9,800-ha gold project with several established zones of mineralization. Gold is situated from near surface to 200m depth, with the majority of the significant drill intercepts in the 100-meter range. The [...]
Nexus Gold is pleased to provide an update on the intended listing of its proposed spinout of Nexus Metals on the CSE. Nexus Metals previously applied for listing of its common shares on the CSE following completion of a plan of arrangement involving Nexus Gold. The Company is continuing to work with CSE staff to advance the application and address [...]
Nexus Gold is pleased to announce that it has reached agreements with two arms-length creditors of the Company to settle outstanding indebtedness totaling $735,821 through the issuance of 14,716,422 common shares at a deemed price of $0.05 per Settlement Share. The outstanding indebtedness comprises principal amounts which were previously advanced [...]
Nexus Gold announces that the TSX Venture Exchange has approved an extension to close the non-brokered private placement announced on April 14, 2023 involving the issuance of up to 20,000,000 units of the Company at a price of $0.05 per Unit for gross proceeds of up to $1,000,000. The extension allows the Offering to remain open through to July 14 [...]
Nexus Gold is pleased to announce it has signed an option agreement to acquire a 90% interest in the 6,200-ha Fofora Gold Project exploration permit. The Company can earn up to a 90% interest in the property by making a combination of cash USD $300,000 and 500,000 share payments over 54 months. The Fofora permit is located on the eastern side of [...]
Nexus Gold is pleased to announce that it has closed the first tranche of its non-brokered $1 million private placement, as described in its press release of April 14, 2023 and has issued 10,000,000 units of the Company at a price of $0.05 per Unit for aggregate proceeds of $500,000. In connection with the Offering, each Unit consists of one common [...]
Nexus Gold as previously announced on April 14, 2023, the Company confirms that effective at the close of business on May 17, 2023, it will consolidate its common share capital on a ten-for-one basi. Effective at the opening of markets on May 18, 2023, the common shares of the Company will commence trading on a post-consolidation basis under the [...]
Nexus Gold is pleased to announce that it plans to consolidate its common share capital on a ten-to-one basis. In connection with the Consolidation, the Company intends to undertake a non-brokered private placement of post-Consolidation units of the Company under the Listed Issuer Financing Exemption. Nexus intends to complete the Consolidation [...]
Nexus Gold Corp. is pleased to announce it has signed a non-biding letter of intent to acquire a 90% interest in the 6,200-ha Fofora Gold Project exploration permit located 450km to the southwest of Ouagadougou, Burkina Faso, West Africa. The Fofora permit is located on the eastern side of the Hounde greenstone belt in the Kampti department; in the [...]
Nexus Gold Corp. is pleased to announce the appointment of Milad Zareian as CEO, replacing Alex Klenman, who will remain as a director. Mr. Zareian, who has been with the Company as Vice President, Operation, since September of 2022, brings over 10 years experience working with both private and public companies in a variety of capacities. He has [...]
Nexus Gold Corp. is pleased to announce that its previously announced spinout of the Company's Canadian projects has been completed. Pursuant to the arrangement, 45,390,460 shares of its subsidiary, Nexus Metals Corp., will be distributed on an approximate 1:7 basis to the shareholders of Nexus Gold. Further information regarding the arrangement [...]
