Northwire Canada EditionTuesday, November 10, 2026
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Gold 4,038.30 −1.9% Silver 51.37 −2.5% Copper 6.26 −1.4% Oil 85.86 −1.1% Palladium 1,024.50 +0.3% SLG 6.05 −4.0% MSC 0.020 +0.0% MCI 0.140 +0.0% PPM 0.095 +0.0% SMP 0.050 +0.0% FUSE 0.020 −20.0% COPR 0.375 +0.0% WSK 0.170 +0.0% GAL 0.370 −2.6% VCG 1.07 +4.9% LVX 0.250 −26.5% RAMP 0.250 −7.4% QTWO 1.70 +5.3% SUM 1.29 −2.3% SGML 7.48 −10.4% BOGO 0.730 −7.6% Gold 4,038.30 −1.9% Silver 51.37 −2.5% Copper 6.26 −1.4% Oil 85.86 −1.1% Palladium 1,024.50 +0.3% SLG 6.05 −4.0% MSC 0.020 +0.0% MCI 0.140 +0.0% PPM 0.095 +0.0% SMP 0.050 +0.0% FUSE 0.020 −20.0% COPR 0.375 +0.0% WSK 0.170 +0.0% GAL 0.370 −2.6% VCG 1.07 +4.9% LVX 0.250 −26.5% RAMP 0.250 −7.4% QTWO 1.70 +5.3% SUM 1.29 −2.3% SGML 7.48 −10.4% BOGO 0.730 −7.6%
Financings

Nexus Gold closes $996,429 debt settlement transaction

By The Northwire Desk — AI Analysis Feb 27, 2026 · 14:14 NXS · 0.36 Nexus Gold Corp.
NXS · Price

Executive Summary

  • Nexus Gold Corp. closed a debt settlement, extinguishing $996,429 of outstanding indebtedness.
  • The settlement was executed by issuing 9,489,800 units at a deemed price of $0.105 per unit.
  • Each unit comprises one common share and half of a purchase warrant (exercise price $0.20, 24‑month term); resale restrictions apply until June 27 2026 with a TSX‑V hold period.

Key Details

  • Total indebtedness settled: $996,429.
  • Units issued: 9,489,800 settlement units at $0.105 per unit (aggregate deemed consideration of ≈$997,439).
  • Unit composition: 1 common share + ½ warrant; each warrant allows purchase of one additional common share at $0.20 for 24 months.
  • Resale restrictions: Units cannot be resold for four months and one day, expiring on June 27 2026.
  • TSX‑V hold period: 1‑year lock‑up with 20% of units released quarterly; first release aligned with TSX‑V bulletin date.
  • Regulatory condition: Settlement subject to final acceptance by the Toronto Stock Exchange Venture (TSX‑V).

Notable Quotes

(No direct quotes provided in the release.)

Read the original news release →

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