REJECT LUNDIN'S HOSTILE BID
Important information for all shareholders
Nevsun's Board of Directors unanimously recommends that you REJECT Lundin's Hostile Bid.
In the Board's view, Lundin's hostile offer:
- Fails to recognize the fundamental and strategic value of Nevsun's unique portfolio of producing and development assets, underpinned by the world-class Timok Project
- Provides an inadequate premium for control – lower than precedent transactions including those executed by Lundin
- Is lower in value than previous transactions proposed by Lundin to Nevsun
- Is lower in value than other alternatives which are expected to emerge
Please see below for more details about the Lundin offer and Nevsun's response. We will continue to update this page with new materials as they become available, and we urge our shareholders to return regularly.
To reject the Hostile Bid, you do not need to do anything.
Please click here to view the Directors' Circular
Click here to view the Letter to Shareholders
Click here to view Reasons to Reject the Lundin offer
August 9, 2018[pdf]Nevsun's Board of Directors Rejects Lundin Mining's Hostile Bid; Offer Does Not Recognize the Value of Nevsun's Assets; Company to Proceed with Full Strategic Review
July 26, 2018[pdf]Nevsun Recommends Shareholders Take No Immediate Action in Response to Unsolicited Takeover Bid by Lundin Mining
July 17, 2018[pdf]Nevsun Recommends Shareholders Take No Action in Response to Lundin Mining's Announcement
Frequently Asked Questions
A list of common investor questions and answers is available here. Updated August 9, 2018
August 9, 2018[Download]
If you have questions, or if you have already tendered your Nevsun shares to the hostile bid by Lundin and would like to withdraw them, contact Laurel Hill Advisory Group:
North American Toll-Free Number: 1-877-452-7184
Collect Calls Outside North America: 1-416-304-0211