Nexus Gold and Belgravia Hartford Jointly Announce Revised Debt Settlement Transaction

Nexus Gold and Belgravia Hartford Jointly Announce Revised Debt Settlement Transaction

Nexus Gold CORP. (TSXV: NXS) (OTCQB: NXXGF) (FSE: N6E) (the "Nexus Gold") and BELGRAVIA HARTFORD CAPITAL INC. (CSE: BLGV) ("Belgravia Hartford") (collectively, the "Parties") are pleased to jointly announce that the Parties have entered into a debt settlement agreement (the "Revised Agreement"). Under the Revised Agreement, Nexus Gold will issue a total of 3,600,000 common shares at a deemed price of $0.05 per common share in satisfaction of outstanding indebtedness owing to Belgravia Hartford totalling $180,000. The outstanding indebtedness comprises principal amounts which were previously advanced to Nexus Gold for working capital purposes, along with accrued interest. The common shares issuable pursuant to the Revised Agreement will be subject to restrictions on resale for a period of four months and one day in accordance with applicable securities laws. Completion of the debt settlement remains subject to the approval of the TSX Venture Exchange.

The Revised Agreement replaces in its entirety the debt settlement previously announced by Nexus Gold and Belgravia Hartford on August 28, 2023 and August 29, 2023 respectively, which the Parties will not be proceeding with.

About Nexus Gold Corp.

Nexus Gold is a Canadian-based gold development company with an extensive portfolio of exploration projects in West Africa. The Company's West African-based portfolio totals over 560-sq kms (56,000+ hectares) of land located on active gold belts and proven mineralized trends. The Company is focusing on the development of several core assets while seeking joint-venture, earn-in, and strategic partnerships for other projects in its growing portfolio.

For more information, please visit www.nexusgoldcorp.com

About Belgravia Hartford

Belgravia Hartford Capital Inc. ("Belgravia" or the "Company") is a publicly traded investment holding company listed on the Canadian Securities Exchange. Belgravia is focused on growing its assets and holdings and increasing its net asset value (NAV). Belgravia invests in a portfolio of private and public companies located in jurisdictions governed by the rule of law. It takes a multi-sector investment approach with emphasis in the resources and commodities sector. Belgravia and its investments are considered high risk holdings and it may expose shareholders to significant volatility and losses.

For more information, please visit www.belgraviahartford.com

Forward-Looking Statements

This press release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating to the future operating or financial performance of the Company, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Actual future results may differ materially. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently subject to significant business, technical, economic, and competitive uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the timing, completion and delivery of the referenced assessments and analysis. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Except as required by law, the Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

TSX Venture Exchange Disclaimer

Neither the 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.

Nexus Gold Contact

Milad Zareian, Chief Executive Officer
(416) 846-4599
info@nexusgoldcorp.com

Belgravia Hartford Contact

Mehdi Azodi, President & CEO
(416) 779-3268
mazodi@blgv.ca

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/188475

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Nexus Gold Provides Update on Public Listing of Nexus Metals

Nexus Gold Provides Update on Public Listing of Nexus Metals

(TheNewswire)

Nexus Gold Corp.

Nexus Gold CORP. (the " Company ") (TSXV:NXS ) ( OTC:NXXGF ) ( FSE:N6E) i s pleased to provide an update on the intended listing of its proposed spinout of Nexus Metals Corp. on the Canadian Securities Exchange (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 Corp.  The Company is continuing to work with CSE staff to advance the application and address remaining requirements to complete the listing

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Nexus Gold Options the Fofora Gold Project, Hounde Greenstone Belt, Burkina Faso

(TheNewswire)

Nexus Gold Corp.

Vancouver, Canada TheNewswire - June 7, 2023 Nexus Gold Corp. (" Nexus Gold " or the " Company ") (TSXV:NXS ) ( OTC:NXXGF ) ( FSE:N6E) is pleased to announce it has signed an option agreement to acquire a 90% interest in the 6,200-ha (62km²) Fofora Gold Project exploration permit located 450km to the southwest of Ouagadougou, Burkina Faso, West Africa.  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.

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Nexus Gold Closes First Tranche of $1 Million Private Placement and Files Amended and Restated Offering Document

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(TheNewswire)

Nexus Gold Corp.

Nexus Gold CORP. ("Nexus" or the "Company") (TSXV:NXS ) ( OTC:NXXGF ) ( FSE:N6E) 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 (the " Offering ") and has issued 10,000,000 units of the Company (each, a " Unit ") at a price of $0.05 per Unit for aggregate proceeds of $500,000

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Nexus Gold Signs LOI to Acquire the Fofora Gold Project, Hounde Greenstone Belt, Burkina Faso

Nexus Gold Signs LOI to Acquire the Fofora Gold Project, Hounde Greenstone Belt, Burkina Faso

(TheNewswire)

Nexus Gold Corp.

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Nexus Gold Announces Management Changes

Nexus Gold Announces Management Changes

(TheNewswire)

Nexus Gold Corp.

Vancouver, Canada February 28, 2023 Nexus Gold Corp. (" Nexus Gold " or the " Company ") (TSXV:NXS ) ( OTC:NXXGF ) ( FSE:N6E) 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 been directly involved with new public listings and start-ups, having led financing, shareholder communications and business development initiatives for multiple companies.

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Elliott Management's Hyperion to Seek Billion-dollar Mining Assets as Metals Demand Grows

Bargain-hunting billionaire investment firms are chasing undervalued mining stocks.

Those who follow the commodities markets are well aware that prices for many of the world’s important metals are facing continued downward pressure from weak global macroeconomics and heightened geopolitical volatility. As a result, mining companies have seen their valuations sink as institutional investors turn toward less risky ventures.

However, with commodities demand forecast to surge as the green transition takes hold, there's plenty of optimism that tides are set to change, and big-name contrarians are beginning to position ahead of time.

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NV Gold Announces Effective Date of Share Consolidation

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NV Gold Corporation (TSXV:NVX)(OTCQB:NVGLF)(FSE:8NV) ("NV Gold" or the "Company") announces that, further to the Company's press release on February 13, 2024, it is proceeding with a consolidation of the issued and outstanding common shares of the Company (the "Shares") on the basis of (1) post-consolidated Share for every ten (10) pre-consolidated Shares (the "Consolidation"). No fractional shares will be issued as any fractional share will be rounded to the nearest whole number. The new CUSIP number will be 67090W307 and the new ISIN number will be CA67090W3075. The Company's name and stock symbol will remain unchanged following the Consolidation

The Consolidation will be effective at the opening of markets on February 28, 2024. As a result of the Consolidation, the 88,745,454 Shares which are currently issued and outstanding will be reduced to approximately 8,874,545 Shares, subject to rounding. The Consolidation is subject to final confirmation by the TSX Venture Exchange.

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Gold Royalty to Release 2023 Full Year Results on March 28, 2024

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Gold Royalty Corp. (" Gold Royalty " or the " Company ") (NYSE American: GROY) will release its financial and operating results for the full year and quarter ending December 31, 2023 on Thursday, March 28, 2024 .

Gold Royalty Corp. Logo (CNW Group/Gold Royalty Corp.)

An investor webcast will be held on Thursday, March 28, 2024 starting at 11:00 am ET ( 8:00 am PT ) to discuss these results. Management will be providing an update to interested stakeholders on the Company's 2023 results including key recent catalysts that have been announced on the assets underlying the Company's royalties. The presentation will be followed by a question-and-answer session where participants will be able to ask any questions they may have of management.

To register for the investor webcast, please use the following link: https://www.bigmarker.com/vid-conferences/Gold-Royalty-Corp-Town-Hall-Forum-Q4

Reminder of Warrants Expiration

The Company today issued a reminder to holders of the outstanding warrants to purchase common stock of Gold Royalty, that the warrants will expire on Monday, March 11, 2024 .

The NYSE has notified the Company that it will suspend trading in the warrants after the close of trading on Wednesday, March 6, 2024 so that all trades can be settled by Monday, March 11, 2024 . As of December 31, 2023 , there were approximately 10.35 million warrants outstanding. The warrants have an exercise price of $7.50 per share.

Gold Royalty Corp. is a gold-focused royalty company offering creative financing solutions to the metals and mining industry. Its mission is to acquire royalties, streams and similar interests at varying stages of the mine life cycle to build a balanced portfolio offering near, medium and longer-term attractive returns for its investors. Gold Royalty's diversified portfolio currently consists primarily of net smelter return royalties on gold properties located in the Americas.

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/gold-royalty-to-release-2023-full-year-results-on-march-28-2024-302070128.html

SOURCE Gold Royalty Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/February2024/23/c4994.html

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About Prismo Metals Inc.

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