Vancouver, Canada – TheNewswire – June 25, 2021 – Nexus Gold Corp.
The alluvial workings are 500 meters downstream from the Manzour-Dayere property suggesting that the property may have contributed to gold deposition there.
The Manzour-Dayere Concession is located along the Boromo Greenstone belt, an early Proterozoic Birimian sequence of the West African Craton, that is home to several significant gold deposits.
The Company also announces that it has completed the offering of 16,109,450 units exercisable to acquire an additional common share at a price of $0.07 until June 28, 2024.
In connection with completion of the offering, the Company paid finders’ fees of $13,500 and issued 270,000 Warrants to certain arm’s-length parties that introduced subscribers to the offering.
The Company’s primary focus is on its 100%-owned, 98-sq km Dakouli 2 Gold Concession in Burkina Faso, West Africa, and the approximately 1400-ha McKenzie Gold Project, located in Red Lake, Ontario.
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.