Nexus Gold Corp. — Board/Management Information 2021

Oct 22, 2021

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FORM 51-102F3 MATERIAL CHANGE REPORT

1. NAME AND ADDRESS OF COMPANY

Nexus Gold Corp. Suite 802, 750 West Pender Street Vancouver, BC V6C 2T8

2. DATE OF MATERIAL CHANGE

October 21, 2021

3. PRESS RELEASE

The press release was issued on October 21, 2021 and was disseminated through the facilities of a recognized newswire services. A copy of the press release was filed on SEDAR.

4. SUMMARY OF MATERIAL CHANGE

Nexus Gold announces resignation of director.

5. FULL DISCLOSURE OF MATERIAL CHANGE

Full Description of Material Change

Vancouver, Canada – October 21, 2021 - Nexus Gold Corp. (“ Nexus ” or the “ Company ”) (TSX-V: NXS, OTCQB: NXXGF, FSE: N6E) announces that Mr. Ian Stalker has resigned from the board of directors of the Company to pursue other opportunities. The Company thanks Mr. Stalker for his valuable contributions and wishes him every success in his future endeavors.

About the Company

Nexus Gold is a Canadian-based gold exploration and development company with an extensive portfolio of projects in Canada and West Africa. The Company’s primary focus is on its 100%owned, 98-sq km Dakouli 2 Gold Concession in Burkina Faso, West Africa, and the 1,496-ha McKenzie Gold Project, located in Red Lake, Ontario. The Company is focusing on the development of its core assets while seeking joint-venture, earn-in, and strategic partnerships for other projects in its portfolio.

For more information, please visit nxs.gold

On behalf of the Board of Directors of

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NEXUS GOLD CORP.

Alex Klenman President & CEO 604-558-1920 info@nexusgoldcorp.com www.nexusgoldcorp.com

6. RELIANCE ON SUBSECTION 7.1(2) OF NATIONAL INSTRUMENT 51-102

Not applicable.

7. OMITTED INFORMATION

No information has been intentionally omitted from this form.

8. EXECUTIVE OFFICER

The name and business number of an officer of the Company through whom an executive officer who is knowledgeable about the material change and this report may be contacted is:

Alex Klenman, President & Chief Executive Officer Tel: 604-558-1920

9. DATE OF REPORT

DATED this 21[st ] day of October, 2021.