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Nexus Gold Raises 1st Tranche of $1 Million Private Placement

Stockhouse Editorial
0 Comments| 8 days ago

Nexus Gold Corp. (TSX-V:NXS, OTC:NXXGF, Forum) announced on Monday that it has raised $475,000 in the initial tranche of its non-brokered private placement. It intends to complete further tranches of the placement to raise gross proceeds of up to $1 million.

For more on the deal, click here.

The Canadian-based gold development company recently entered into a letter of intent with Kruger Gold Corp., a privately-held arms’-length company, for the potential sale of one or more of Nexus Gold’s gold exploration projects located in Burkina Faso, West Africa.

FULL DISCLOSURE: Nexus Gold Corp. is a client of Stockhouse Publishing .

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