| Nevsun Increases Quarterly Dividend by 14% | |
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December 15, 2014
Nevsun Increases Quarterly Dividend by 14%
Nevsun Resources Ltd. (TSX:NSU) (NYSE MKT: NSU) (Nevsun or the Company) is pleased to advise that its Board of Directors has declared a quarterly cash dividend of US$0.04 per common share (US$0.16 per common share annually), an increase of 14% from prior quarters. The dividend is payable on January 15, 2015, to shareholders of record as of the close of business on December 31, 2014.
This dividend qualifies as an 'eligible dividend' for Canadian income tax purposes.
CEO Cliff Davis stated "This is the fourth time we have increased the dividend rate since commercial production in 2011. Our willingness to increase our dividend even in the current metals' price environment is based on our confidence in the long term profitability of the Bisha Mine."
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 commercial copper concentrate production in December 2013 and ranks as one of the highest grade open pit copper mines in the world. Nevsun has a strong balance sheet and future cash flows to grow shareholder value through exploration at Bisha and acquisition of additional mining assets.
NEVSUN RESOURCES LTD.
Cliff T. Davis
President & Chief Executive Officer
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Nevsun Resources Ltd
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PRODUCTEUR |
CODE : NSU |
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CUSIP : 64156L |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Nevsun Res. est une société développant des projet miniers de zinc et d'or basée au Canada. Nevsun Res. est productrice de zinc, d'or, d'argent et de cuivre au Ghana et en Erythree, en développement de projets d'or au Mali, et détient divers projets d'exploration au Mali. Ses principaux projets en production sont BISHA en Erythree et KUBI au Ghana, son principal projet en développement est TABAKOTO au Mali et ses principaux projets en exploration sont KENIEBA SUD et SEGALA / DAR SALAM au Mali. Nevsun Res. est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 1,3 milliards US$ (1,2 milliards €). La valeur de son action a atteint son plus bas niveau récent le 18 décembre 2001 à 0,04 US$, et son plus haut niveau récent le 07 novembre 2003 à 8,18 US$. Nevsun Res. possède 301 869 984 actions en circulation. |