
May 16, 2023
Nexus Gold Corp. (“ Nexus Gold ” or the “ Company ”) (TSXV:NXS ) , ( OTC:NXXGF ) , ( FSE:N6E) 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 basis (the “ Consolidation ”). 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 existing ticker symbol “NXS”).
The Consolidation is intended to make the capital structure of the Company more attractive to potential financing opportunities. The Company currently has 318,733,225 common shares outstanding and following completion of the Consolidation it is expected that the Company will have approximately 31,873,323 shares outstanding.
No fractional shares will be issued in connection with the Consolidation. Shareholders who would otherwise be entitled to receive a fraction of a common share will be rounded down to the nearest whole number of common shares and no cash consideration will be paid in respect of fractional shares. Registered holders of common shares of the Company will receive a letter of transmittal from Computershare Trust Company of Canada with instructions on how to exchange existing share certificates for new post-Consolidation share certificates.
About the Company
Nexus Gold is a Canadian-based gold exploration and development company with an extensive portfolio of projects in West Africa. The Company will continue development of assets in West Africa in addition to broadening its scope to other jurisdictions.
For more information, please visit nxs.gold
On behalf of the Board of Directors of
NEXUS GOLD CORP.
Milad Zareian
CEO
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. 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.
NXS:CA
The Conversation (0)
14 December 2020
Nexus Gold
Gold Exploration in Burkina Faso
Gold Exploration in Burkina Faso Keep Reading...
Keep reading...Show less
08 October 2020
Nexus Gold Contracts Driller for Upcoming 3000m Dakouli 2 Maiden Drill Program
(TheNewswire) Nexus Gold Corp. (" Nexus " or the " Company ") (TSXV:NXS ) ( OTC:NXXGF ) ( FSE: N6E) is pleased to announce it has engaged Forage Technic Eau ("FTE") Drilling to conduct a minimum 3000 meters of Reverse Circulation ("RC") Drilling on the company's 100% owned Dakouli 2 Gold... Keep Reading...
17 September 2020
Nexus Gold Provides Corporate Update
Nexus Gold Corp. ("Nexus" or the "Company") (TSXV:NXS) (OTC:NXXGF) (FSE:N6E) is pleased to provide a corporate update to shareholders regarding ongoing Company exploration activities Dakouli 2 Gold Concession, Burkina Faso, West Africa During the most recent reconnaissance and sampling program... Keep Reading...
09 April 2020
Nexus Gold Closes Private Placement for $250,000
Nexus Gold Corp. (“Nexus” or the “Company”) (TSXV: NXS, OTCQB: NXXGF, FSE: N6E) is pleased to announce that it has completed an offering (the “Offering”) of 5,000,000 units (each, a “Unit”) by way of non-brokered private placement at a price of $0.05 per Unit for gross proceeds of $250,000. Each... Keep Reading...
1h
TSX-V: TT Closes Acquisition of High Lake and West Hawk Lake from McFarlane Lake Mining and Closing of Final Tranche of Non-Brokered Private Placement
Total Metals Corp. (“Total Metals” or the “Company”) (TSX-V: TT) (FSE: O4N) is pleased to announce the closing of its acquisition of the High Lake and West Hawk Lake (the “Projects”) from McFarlane Lake Mining Corporation (“MLM”), as previously announced on September 24, 2025 (the... Keep Reading...
2h
Newmont Declares Commercial Production at Ahafo North Gold Mine
Newmont (NYSE:NEM,ASX:NEM) announced that its Ahafo North project in Afrisipakrom, Ghana, has officially entered commercial production, following the site's first gold pour last month. Located about 50 kilometers from Newmont’s existing Ahafo South operation, the Ahafo North mine is expected to... Keep Reading...
21h
Diamond Drilling Commenced at Paranaíta Gold Project
Visually mineralised targets being drilled to build on existing resource
Jangada Mines Plc (AIM: JAN), a Brazil focused natural resource development company, is pleased to announce that its 15-hole 1,800m diamond drilling ("DD") programme has commenced at the 7,211-hectare Paranaíta Gold Project ("Paranaíta" or the "Project") located in Brazil's historically... Keep Reading...
27 October
Lahontan Recieves $4,316,948 From the Exercise of Warrants and Options
Lahontan Gold Corp. (TSXV:LG)(OTCQB:LGCXF) (the "Company" or "Lahontan") is pleased to announce the receipt of Cdn $4,316,948 from the exercise of warrants and stock options during the period July 4 through October 23, 2025. Following the exercise of the warrants, stock options, and the issuance... Keep Reading...
27 October
Metals Focus: Gold to Average US$4,560 in 2026 on Unpredictable US Trade Policy, Potential Stagflation
Metals Focus published its annual Precious Metals Investment Focus report on Saturday (October 25).The report from the leading gold analysis firm outlines the investment options available for those interested in leveraging rising demand for precious metals such as gold and silver. It also... Keep Reading...
27 October
Blackrock Silver Drills 5.03 Metres of 750 g/t AgEq and Reports Multiple Thick Mineralized Zones in First Assays from Eastern Expansion Drill Program at Tonopah West
The Eastern Expansion Drill Program Is Targeting Prospective Shallow Mineralization Encountered in Scout Drilling Across a 1.2 Kilometre Trend EASTERN EXPANSION PROGRAM HIGHLIGHTS: TXC25-166 cut 5.03 metres grading 750 grams per tonne (g/t) silver equivalent (AgEq) (306.8 g/t silver (Ag) & 4.06... Keep Reading...
Latest News
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00







