Zijin Mining Group today announced that Zijin, through its wholly-owned subsidiary, 1178180 B.C. Ltd., completed the compulsory acquisition of all the remaining outstanding common shares of Nevsun not already owned by the Offeror or its affiliates pursuant to Section 300 of the Business Corporations Act, following the previously announced [...]
Nevsun Resources and Zijin Mining Group today announced that following the take-up and payment of 286,347,562 common shares of Nevsun Resources pursuant to the previously announced offer by Zijin's wholly-owned subsidiary, 1178180 B.C. Ltd., to purchase all of the issued and outstanding Nevsun Shares , the Offeror has mailed today a notice of [...]
Nevsun Resources Ltd. and Zijin Mining Group Co. Ltd. today announced that in connection with Zijin's offer to purchase all of the issued and outstanding common shares of Nevsun for C$6.00 per Nevsun Share , an additional 9,526,987 Nevsun Shares, representing approximately 3.07% of all issued and outstanding Nevsun Shares, have been deposited under [...]
A Deletion from the S&P/TSX Composite Index S&P Dow Jones Indices Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices: The majority of shareholders of Nevsun Resources Ltd. have agreed to the Take-Over Bid by Zijin Mining Co Ltd. whereby each share of Nevsun Resources will receive a CAD$6.00 cash consideration [...]
With the acquisition of Nevsun Resources Ltd. by Zijin Mining Group Co. Ltd., Nevsun announces the following immediate appointments as directors to the board: Qixue Fang, Xian Jian Guo, Qiang Liu, Harry Zheng Tian and Kaihui Yang, and the following as executive officers: Xian Jian Guo as Chief Executive Officer and Xuelin Cai as Chief Financial [...]
Nevsun Resources Ltd. and Zijin Mining Group Co. Ltd. announces that Zijin has been successful in its offer to purchase all of the issued and outstanding Nevsun common shares for C$6.00 per share. The number of Nevsun common shares tendered as at the deadline of 5:00pm on December 28, 2018 totals an aggregate of 276,820,575 Nevsun Shares [...]
Nevsun Resources Ltd. and Zijin Mining Group Co. Ltd. wish to remind shareholders of Nevsun Resources Ltd. to tender their Nevsun shares to Zijin's offer to purchase all of the issued and outstanding Nevsun shares for C$6.00 per share. The Offer expires at 5:00 p.m. on December 28, 2018. The Board of Directors of Nevsun continues to recommend that [...]
Nevsun Resources today announced that it has been advised by Zijin Mining Group that Zijin has completed the Chinese State Administration of Foreign Exchange registration and received the Canadian Investment Canada Act approval for Zijin's proposed friendly takeover bid of Nevsun. The SAFE registration is the final Chinese regulatory condition and [...]
Nevsun Resources Ltd. today announced that it has been advised by Zijin Mining Group Co. that Zijin has received the second of three required regulatory approvals from the People's Republic of China for Zijin's proposed friendly takeover bid of Nevsun. The second PRC approval is from the Ministry of Commerce . With the previously announced NDRC and [...]
Nevsun Resources Ltd. is pleased to report its financial results for the three and nine months ended September 30, 2018. Unless otherwise noted all financial results are in millions of US dollars. Q3 2018 Highlights Strong quarterly production of 69.6 million pounds of zinc and 10.2 million pounds of copper. Revised full year 2018 zinc guidance [...]
Nevsun Resources Ltd. today announced that it has been advised by Zijin Mining Group Co. Ltd. that Zijin has received one of the three required regulatory approvals from the People's Republic of China and has received Canadian Competition Act clearance for Zijin's proposed friendly takeover bid of Nevsun. The PRC approval received is from the PRC's [...]
Nevsun Resources plans to release its third quarter 2018 financial and operating results on Thursday, October 25, 2018, after close of trading. Nevsun would like to remind shareholders to follow the unanimous Board recommendation and tender your Nevsun shares to the friendly Zijin Mining Group Co. Ltd. offer of C$6 per share. Do NOT tender your [...]