Mr. Alex Klenman reports

NEXUS GOLD PROVIDES UPDATE ON PUBLIC LISTING OF NEXUS METALS

Nexus Gold Corp. has provided 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. The company is continuing to work with CSE staff to advance the application and address remaining requirements to complete the listing.

Completion of a listing on the CSE remains subject to satisfaction of customary conditions, including completion of a review by CSE staff and the satisfaction of the initial listing requirements for the CSE. While the company is committed to completing the CSE listing process, there can be no assurance that the listing will be approved in a timely fashion or at all.

The company will provide further updates regarding the listing as they become available.

About Nexus Metals Corp.

Nexus Metals is a Canadian-based gold development company focused on the development of the 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 company with an extensive portfolio of exploration projects in West Africa. The company's West African-based portfolio totals over 560 square kilometres (56,000-plus hectares) of land located on active gold belts and proven mineralized trends.

We seek Safe Harbor.