VANCOUVER, June 27, 2017
/PRNewswire/ - Nevsun Resources Ltd. (TSX:NSU) (NYSE MKT: NSU)
(Nevsun or the Company) today announced it plans to release its
second quarter 2017 financial results on Wednesday, August 9, 2017, after close of
trading, with a conference call to follow on Thursday August 10, 2017, at 8 a.m. Vancouver
/ 11 a.m. Toronto, New
York / 4 p.m. London. The Company also plans to pre-release
Bisha operating results early in July
2017 to provide a timely update on Bisha Q2 operating
performance.
In addition, the Company now plans to publish a Bisha reserve
update in conjunction with the second quarter results.
Further time is being taken to assess the capital and operating
tradeoffs of various life-of-mine scenarios after a visit to Bisha
in late May 2017 by new CEO,
Peter Kukielski, and Nevsun's
Board.
Peter Kukielski, Nevsun's new CEO
commented, "I recently completed trips to Eritrea and Serbia in concert with Board and
committee meetings, and am working closely with the Board and
management to provide a full strategic update on the Company with
Q2 results."
Q2 2017 Results Release and Conference Call
Conference call details are as follows:
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North America: 1
888-390-0546 / +1 416-764-8688 / +1 778-383-7413
|
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UK: 0800 652 2435
(toll free)
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Other International:
+1 416-764-8688 / +1 778-383-7413
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The conference call will be available for replay until
August 17, 2017, by calling 1
888-390-0541 / +1 416-764-8677 and entering passcode 458226#.
About Nevsun Resources Ltd.
Nevsun Resources Ltd. is the 100% owner of the high-grade
copper-gold Timok Upper Zone and 60% owner of the Timok Lower Zone
in Serbia. Nevsun generates cashflow from its 60% owned copper-zinc
Bisha Mine in Eritrea. Nevsun is
well positioned with a strong debt-free balance sheet to grow
shareholder value through advancing Timok to production.
Forward Looking Statements
The above contains forward-looking statements or
forward-looking information within the meaning of the United States
Private Securities Litigation Reform Act of 1995, and applicable
Canadian securities laws. Forward-looking statements are
frequently, but not always, identified by words such as "expects",
"anticipates", "believes", "hopes", "intends", "estimated",
"potential", "possible" and similar expressions, or statements that
events, conditions or results "will", "may", "could" or "should"
occur or be achieved. Forward-looking statements are
statements concerning the Company's current beliefs, plans and
expectations about the future, including but not limited to
statements and information made concerning: statements relating to
the business, prospects and future activities of, and developments
related to the Company, anticipated dividends, goals, strategies,
future growth, planned future acquisitions and explorations
activities, the adequacy of financial resources and other events or
conditions that may occur in the future, and are inherently
uncertain. The actual achievements of the Company or other future
events or conditions may differ materially from those reflected in
the forward-looking statements due to a variety of risks,
uncertainties and other factors, including, without limitation, the
risks that are more fully described in the Company's Annual
Information Form for the fiscal year ended December 31, 2016, which are incorporated herein
by reference. The Company's forward-looking statements are
based on the beliefs, expectations and opinions of management on
the date the statements are made and the Company assumes no
obligation to update such forward-looking statements in the future,
except as required by law. For the reasons set forth above,
investors should not place undue reliance on the Company's
forward-looking statements.
Further information concerning risks and uncertainties
associated with these forward-looking statements and our business
can be found in our Annual Information Form for the year ended
December 31, 2016, which is available
on the Company's website (www.nevsun.com), filed
under our profile on SEDAR (www.sedar.com) and on
EDGAR (www.sec.gov) under cover of Form 40-F.
NEVSUN RESOURCES LTD.
"Peter Kukielski"
Peter G. Kukielski
President & Chief Executive Officer
SOURCE Nevsun Resources Ltd.