Nexus Gold Corp. announced a non-brokered private placement of up to 20,0000,000 units at a price of CAD 0.02 per unit for aggregate gross proceeds of up to CAD 400,000 on April 12, 2024. 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 price of CAD 0.05 for a period of twenty four months.

In connection with completion of the Offering, the company may pay finders' fees to eligible third parties who have assisted in introducing subscribers to the company. All securities issued in connection with the Offering will be subject to a statutory hold period of four months and one day in accordance with applicable securities laws. Completion of the Offering remains subject to the approval of the TSX Venture Exchange.