Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating Nevsun Resources Ltd. relating to the sale of the Company to Zijin Mining Group Co. Ltd. . Under the terms of the agreement, Nevsun shareholders are only anticipated [...]
VANCOUVER and FUJIAN, China, Sept. 14, 2018 /CNW/ - Nevsun Resources Ltd. and Zijin Mining Group Co. Ltd. today announced that they have filed and mailed circulars with regard to Zijin's previously disclosed friendly take-over bid to acquire all of the issued and outstanding shares of Nevsun for C$6.00 per share in cash . The Offer is valued at [...]
Consideration of C$6.00 per share represents 57% premium to unaffected Nevsun share price Board of Directors unanimously recommends Nevsun shareholders ACCEPT the Offer VANCOUVER and Nevsun Resources Ltd. and Zijin Mining Group Co. Ltd. today announced that the parties have entered into a definitive agreement pursuant to which Zijin will make a [...]
Nevsun Resources today announced that its Board of Directors, after careful consideration and receipt of the recommendation of a special committee of its independent directors, and after consultation with its financial and legal advisors, has rejected the hostile offer by Lundin Mining, to acquire all of the outstanding shares of Nevsun for C$4.75 [...]
Nevsun Resources today announced that it has filed the National Instrument 43-101 Technical Report – Timok Copper-Gold Project: Upper Zone Prefeasibility Study and Resource Estimate for the Lower Zone and is available for review under the Company's profile on SEDAR, on EDGAR and on the Company's website. The Timok Lower Zone deposit, a joint [...]
Nevsun Resources is pleased to report its financial results for the three and six months ended June 30, 2018. Unless otherwise noted all financial results are in millions of US dollars. Q2 2018 Highlights Broke ground on the Timok Upper Zone exploration decline. Announced initial Timok Lower Zone inferred mineral resource of 1.7 billion tonnes [...]
Nevsun Resources today acknowledged that it has received an unsolicited offer from Lundin Mining to acquire all of the issued and outstanding shares of Nevsun. Nevsun shareholders are advised to take no action until the Board of Directors has made a formal recommendation to shareholders. The Offer will remain open for a minimum of 105 days [...]
Nevsun Resources today acknowledged the news release issued by Lundin Mining Corp. stating that it may make a formal offer to acquire Nevsun. Nevsun advises shareholders that no formal offer has yet been made, and recommends that shareholders take no action in response to Lundin's announcement. Said Peter Kukielski, Nevsun's President & Chief [...]
Lundin Mining announced today that it intends to make a formal offer to acquire all of the issued and outstanding common shares of Nevsun Resources for cash consideration of C$4.75 per Share. The Offer Price represents a significant premium of 82% to the closing price of C$2.61 on Feb 6, 2018, the date of the first offer to Nevsun related to our [...]
Nevsun Resources announces the release of its 2017 Corporate Social Responsibility Report titled "Core Growth". This is Nevsun's seventh CSR Report, reflecting the Company's continued commitment to transparency and accountability in our sustainability objectives and aligning with our vision to maximize long-term community benefits and shareholder [...]
Nevsun Resources is pleased to announce the initial resource for the Timok Lower Zone deposit, a joint venture with Freeport-McMoRan Exploration Corporation. Timok Lower Zone Initial Mineral Resource Highlights: Porphyry copper inferred mineral resource of 1.7 billion tonnes grading 0.86% copper and 0.18 g/t gold Contains 14.3 million tonnes of [...]
Nevsun Resources plans to release its second quarter 2018 financial and operating results on Thursday, July 26, 2018, after close of trading. A conference call and webcast will follow on Friday, July 27, 2018, at 8AM Vancouver / 11AM Toronto, New York / 4PM London. Please call in at least five minutes prior to the conference call start time to [...]