Nexus Gold is pleased to provide an update on the intended listing of its proposed spinout of Nexus Metals on 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 [...]
Nexus Gold Corp. is pleased to announce the effective date for its previously announced spinout of the Company's Canadian projects by way of the distribution of the shares of its subsidiary Nexus Metals Corp. to the shareholders of the Company through a statutory plan of arrangement . The Arrangement is expected to take effect at 12:01 a.m. on October 12, 2022 . Pursuant to the terms of the Arrangement, holders of common [...]
wp=3098]Nexus Gold Corp.[/wp] is pleased to announce that it has received court approval by way of a final order granted by the Supreme Court of British Columbia for the completion of its arrangement involving the spinout of Nexus Metals Corp. and its Canadian resource projects to shareholders. In anticipation of completion of the Arrangement, the Company has transferred all of its rights to the Canadian projects to Nexus [...]
Nexus Gold Corp. is pleased to advise that its proposed plan of arrangement, announced June 28, 2022, has received approval of the shareholders of the Company. The Arrangement, which involves the spinout of the Company's Canadian projects was approved at a special shareholders meeting held on August 4, 2022, by 99% of the votes cast at the meeting. The Arrangement remains subject to approval by the Supreme Court of [...]
Nexus Gold announces its intent to spinout the Company's existing Canadian projects, which include the McKenzie Gold Project, located in Red Lake, and the 13,000-ha Cyclone Gold-Nickel-Copper project, located in the James Bay region. In anticipation of the Spinout, the Company is transferring all of its rights to the Canadian Projects to Nexus Metals Corp., a newly-established subsidiary of the Company. A total of [...]