news....nothing to bragg about
Vancouver, Canada - TheNewswire - December 24, 2019- Nexus Gold Corp. ("Nexus" or the "Company") (TSXV:NXS)(OTC: NXXGF)(FSE:N6E) is pleased to announce that it has completed an initial tranche of its non-brokered private placement through the issuance of 6,249,000 non-flow-through units (the "Non-Flow Through Units") at a price of $0.05 per Non-Flow-Through Unit, and 4,981,364 flow-through units (the "Flow-Through Units") at a price of $0.055 per Flow-Through Unit. In connection with completion of the initial tranche, the Company raised gross proceeds of $586,425. Each Non-Flow-Through Unit, and each Flow-Through Unit, consist of one common share of the Company and one common share purchase warrant (each, a "Warrant") entitling the holder to purchase an additional share at a price of $0.07 for a period of sixty (60) months.