Nevsun Hires Two New Executives To Support Growth
November 19 2012 - 8:15AM
Marketwired
Nevsun Resources Ltd. (TSX:NSU)(NYSE MKT:NSU) ("Nevsun") is pleased
to announce it is adding two new executives to its senior
management team, Joseph Giuffre, as Chief Legal Officer, and Todd
Romaine, as VP, Corporate Social Responsibility.
Nevsun CEO Cliff Davis commented: "The Company has in recent
months been building its internal capacity to support management in
its operations and growth for the future. Joe and Todd are both
integral components to that strategy."
Mr. Giuffre is a seasoned lawyer with deep experience in both
the mining industry as well as public markets. As part of the "C"
suite he will be responsible for all of the legal affairs of the
Company, as well as a key participant in managing the corporate
strategy going forward. Joe's extensive experience in the legal
affairs of several public companies in the industry will be a
significant addition to our internal capacity for expansion.
Mr. Giuffre, B.A., LLB., was a founding partner of Axium Law
Corporation, a Vancouver based law firm and was previously a
partner of Gowlings, a full service national law firm. He has over
twenty-five years of combined business and legal experience and has
acted for a wide range of Canadian and foreign public corporations,
principally in the mining sector. Mr. Giuffre has advised on
securities and stock exchange and regulatory matters, public
offerings, joint venture transactions, debt and equity financing,
mergers and corporate reorganizations, purchase and sale
arrangements, corporate governance matters and various other
complex commercial matters. Joe is assisting us now and will be
officially joining Nevsun in January 2013.
Mr. Romaine brings with him over ten years of industry
experience overseeing CSR programs including policy and process
development, operational governance, environmental monitoring and
public awareness initiatives with stakeholders and the public.
Working for the past four years with Enbridge Inc., Mr. Romaine has
also worked with Inuvialuit Regional Corporation and the Government
of Nunavut. He has a BSc in Environmental planning; a BA in
Environmental studies an MA in Leadership as well as International
Relations. Todd has joined Nevsun in November 2012.
The area of social responsibility is a key concern throughout
our industry as we operate in other people's back yards. Respect
and understanding are key traits that Nevsun has observed in past
and will do so in the future, abiding by high international
standards. Todd will oversea our engagement and adherence to these
standards, as well as participate in strategy going forward. Todd
has been dealing with sensitive matters in past positions and will
be overseeing our strategy and implementation of the Company's CSR
programs.
We welcome both Joe and Todd to the Nevsun team.
Forward-Looking Statements
The above contains forward-looking statements regarding the
future responsibilities of Mr. Giuffre and Mr. Romaine and
acquisition plans for the Company. Forward-looking statements are
frequently, but not always, identified by words such as "expects",
"anticipates", "believes", "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 about the
future and are inherently uncertain, and 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, those described in the Management Discussion
and Analysis of the Company. 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. For the reasons set forth above, investors should not
place undue reliance on forward-looking statements.
Please see the Company's Annual Information Form for the fiscal
year ended December 31, 2011 and the Company's Management
Discussion and Analysis for the quarter ended September 30, 2012
for a more complete discussion of the risk factors associated with
our business.
About Nevsun Resources Ltd.
Nevsun Resources Ltd. is a Vancouver-based mining company with
an operating mine in Eritrea. Nevsun's 60%-owned Bisha Mine
commenced gold production in February 2011 and is scheduled to
transition to copper/gold production in 2013. Management expects
the Bisha Mine will rank as one of the highest grade open pit base
metal deposits in the world.
NEVSUN RESOURCES LTD.
Cliff T. Davis, President & Chief Executive Officer
Contacts: Kin Communications 604 684 6730 or Toll free: 1 866
684 6730nsu@kincommunications.com www.nevsun.com