Pursuant to a directors resolution dated May 3, 2023, the company has consolidated its capital on a one-new-for-10-old basis. The name of the company has not been changed.

Effective at the opening on May 18, 2023, the common shares of Nexus Gold Corp. will commence trading on the TSX Venture Exchange on a consolidated basis. The company is classified as a mineral exploration/development company.

Postconsolidation

Capitalization:  unlimited shares with no par value, of which 31,873,322 shares are issued and outstanding

Escrow:  nil

Transfer agent:  Computershare Trust Company of Canada

Trading symbol:  NXS (unchanged)

Cusip No.:  65345J 20 4 (new)