Source: StreetInsider

Press Release: Nevsun : Zijin Mining Announces Compulsory Acquisition of Remaining Nevsun Resources Shares

Nevsun Resources Ltd. (TSX: NSU) (NYSE AMERICAN: NSU) ("Nevsun") and Zijin Mining Group Co. Ltd. (SH:601899, SEHK:2899) ("Zijin") today announced that following the take-up and payment of 286,347,562 common shares ("Nevsun Shares") of Nevsun Resources Ltd. ("Nevsun") pursuant to the previously announced offer by Zijin's wholly-owned subsidiary, 1178180 B.C. Ltd. (the "Offeror"), to purchase all of the issued and outstanding Nevsun Shares (the "Offer"), the Offeror has mailed today a notice of compulsory acquisition (the "Notice of Compulsory Acquisition") to all the Remaining Shareholders (as defined below) in accordance with the compulsory acquisition provisions in the Business Corporations Act (British Columbia) ("BCBCA") (the "Compulsory Acquisition").

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