Brief: Nevsun Board Rejects Euro Sun-Led Non-Binding Unsolicited Proposal Citing Inadequate Value And Problematic Structure
08/05/2018 14:24
May 8 (Reuters) - Nevsun Resources Ltd NSU.TO :
* NEVSUN BOARD REJECTS EURO SUN-LED NON-BINDING UNSOLICITED
PROPOSAL, CITING INADEQUATE VALUE AND PROBLEMATIC STRUCTURE
* NEVSUN RESOURCES LTD - DIRECTORS UNANIMOUSLY REJECTED
NON-BINDING UNSOLICITED PROPOSAL LED BY EURO SUN MINING &
INCLUDING LUNDIN MINING CORP
* NEVSUN RESOURCES - NEVSUN DIRECTORS IS UNANIMOUS IN BELIEF
THAT
NON-BINDING UNSOLICITED PROPOSAL "FAILS TO REFLECT STRATEGIC
VALUE OF OUR ASSET BASE"
Source text for Eikon: ID:nCNWPHjP0a
Further company coverage: NSU.TO
((Reuters.Briefs@thomsonreuters.com;))
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