(TheNewswire)
Vancouver B.C. - TheNewswire - January 30, 2024 – NEXUS GOLD CORP. (the “ Company ”) (TSXV:NXS ) , ( OTC:NXXGF ) , ( FSE:N6E) i s pleased to provide an update on theintended listing of its proposed spinout of Nexus Metals Corp. on theCanadian Securities Exchange (the “ CSE ”). NexusMetals previously applied for listing of its common shares on the CSEfollowing completion of a plan of arrangement involving Nexus GoldCorp. The Company is continuing to work with CSE staff to advancethe application and address remaining requirements to complete thelisting.
Completion of a listing on the CSE remains subject tosatisfaction of customary conditions, including completion of a reviewby CSE staff and the satisfaction of the initial listing requirementsfor the CSE. While the Company is committed to completing the CSElisting process, there can be no assurance that the listing will beapproved in a timely fashion or at all.
The Company will provide further updates regarding thelisting as they become available.
About Nexus Metals Corp.
Nexus Metals is a Canadian-based gold development company focused on the development ofthe McKenzie Gold Project, located in the prolific Red Lake gold camp,Ontario, Canada.
About Nexus Gold Corp.
Nexus Gold is a Canadian-based gold development companywith 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 provenmineralized trends.
ON BEHALF OF THE BOARD OF NEXUS GOLDCORP.
Alex Klenman, Director
For furtherinformation please contact:
Alex Klenman , CEO, Nexus Metals
Tel: 604.970.4330
Forward-Looking Statements
This press release includes certain“ forward-looking information ” and “ forward-lookingstatements ” (collectively“ forward-looking statements ”) within the meaning of applicableCanadian securities legislation. All statements, other than statementsof historical fact, included herein, without limitation, statementsrelating to completion of a listing on the Canadian SecuritiesExchange by Nexus Metals Corp., are forward looking statements.Forward-looking statements are frequently, but not always, identifiedby words such as “ expects ”, “ anticipates ”,“ believes ”, “ intends ”, “ estimates ”, “ potential ”, “ possible ”, and similarexpressions, or statements that events, conditions, or results“ will ”, “ may ”, “ could ”, or “ should ” occur or beachieved. Actual future results may differ materially. There can be noassurance that such statements will prove to be accurate, and actualresults and future events could differ materially from thoseanticipated in such statements. Forward looking statements reflect thebeliefs, opinions and projections on the date the statements are madeand are based upon a number of assumptions and estimates that, whileconsidered reasonable by the respective parties, are inherentlysubject to significant business, technical, economic, and competitiveuncertainties and contingencies. Many factors, both known and unknown,could cause actual results, performance or achievements to bematerially different from the results, performance or achievementsthat are or may be expressed or implied by such forward-lookingstatements and the parties have made assumptions and estimates basedon or related to many of these factors. Such factors include, withoutlimitation: the timing, completion and delivery of the referencedassessments and analysis.Readers should not place undue reliance on the forward-lookingstatements and information contained in this news release concerningthese times. Except as required by law, the Company does not assumeany obligation to update the forward-looking statements of beliefs,opinions, projections, or other factors, should they change, except asrequired by law.
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