0001472375-18-000052.txt : 20180501 0001472375-18-000052.hdr.sgml : 20180501 20180501171531 ACCESSION NUMBER: 0001472375-18-000052 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20180501 FILED AS OF DATE: 20180501 DATE AS OF CHANGE: 20180501 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NEVSUN RESOURCES LTD CENTRAL INDEX KEY: 0000919991 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] IRS NUMBER: 000000000 STATE OF INCORPORATION: A1 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32405 FILM NUMBER: 18796514 BUSINESS ADDRESS: STREET 1: 1750 - 1066 WEST HASTINGS STREET CITY: VANCOUVER STATE: A1 ZIP: V6E 3X1 BUSINESS PHONE: 604-623-4700 MAIL ADDRESS: STREET 1: 1750 - 1066 WEST HASTINGS STREET CITY: VANCOUVER STATE: A1 ZIP: V6E 3X1 6-K 1 form6k.htm REPORT OF FOREIGN PRIVATE ISSUER Filed by Avantafile.com - Nevsun Resources Ltd. - Form 6-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934

For the month of May, 2018

Commission File Number: 001-32405

NEVSUN RESOURCES LTD.
(Translation of registrant's name into English)

1750 - 1066 West Hastings Street
Vancouver, British Columbia V6E 3X1
Canada

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or 40-F:
Form 20-F [  ]   Form 40-F [X]

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):               

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):               

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.


DOCUMENTS INCLUDED IN THIS FORM 6-K

99.1News Release for May 1, 2018


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on behalf by the undersigned, thereunto duly authorized.

  NEVSUN RESOURCES LTD.
     
Date: May 1, 2018 By:/s/ Joseph Giuffre          
    Joseph Giuffre
    Chief Legal Officer


EX-99.1 2 exhibit99-1.htm NEWS RELEASE FOR MAY 1, 2018 Filed by Avantafile.com - Nevsun Resources Ltd. - Exhibit 99.1

NEWS RELEASE

May 1, 2018

Nevsun Receives Strong Support from Shareholders at 2018 AGM

Nevsun Resources Ltd. (TSX:NSU) (NYSE MKT:NSU) (the “Company” or “Nevsun”) is pleased to announce the results of voting at its annual general and special meeting of shareholders which was held on May 1, 2018, in Vancouver, British Columbia (the “Meeting”).  A total of 63.61% of outstanding shares were voted at the Meeting. Shareholders showed strong support for the election of its nominees as directors and for Nevsun’s approach to executive compensation.

Election of Directors

The seven nominees for director listed in Nevsun’s management proxy circular were elected as set out in the following table:

Director Votes For %
Ian R. Ashby 158,426,092 98.00
Geoffrey Chater 156,019,700 96.51
Anne E. Giardini 158,287,759 97.92
Peter G.J. Kukielski 158,213,355 97.87
Ian W. Pearce 159,633,846 98.75
Stephen V. Scott 146,305,423 90.50
David S. Smith 159,455,915 98.64

Appointment of Auditors

KPMG LLP was appointed as auditors of the Company and the directors of the Company were authorized to fix the remuneration of the auditors by a 97% majority of the votes cast.

Amended Stock Option Plan and Unallocated Options

The amended stock option plan of the Company (the “Stock Option Plan”) was approved, ratified and confirmed and the approval of all unallocated options issuable pursuant to the Stock Option Plan was approved by a 90% majority of the votes cast. 

Advisory Vote on Executive Compensation

Nevsun’s approach to executive compensation (say on pay) was accepted by an 89% majority of the votes cast at the Meeting and shows its shareholders are confident in Nevsun’s approach to executive compensation.  The primary objectives of the Company’s compensation program are to attract and retain qualified employees that fit in with the Nevsun corporate culture in order to achieve its corporate objectives and increase shareholder value and to promote greater alignment of interests between its executive officers and shareholders.

About Nevsun Resources Ltd.

Nevsun Resources Ltd. is the 100% owner of the high-grade copper-gold Timok Upper Zone and 60.4% owner of the Timok Lower Zone in Serbia. The Timok Lower Zone is a partnership with Freeport-McMoRan Exploration Corporation (“Freeport”) which currently owns 39.6% and upon completion of any feasibility study (on the Upper or Lower Zone), Nevsun Resources Ltd. will own 46% and Freeport will own 54%. Nevsun generates cash flow from its 60% owned copper-zinc Bisha Mine in Eritrea.  Nevsun is well positioned with a strong debt-free balance sheet to grow shareholder value through advancing Timok to production.

NEVSUN RESOURCES LTD.
“Peter G.J. Kukielski”
Peter G.J. Kukielski
President & Chief Executive Officer
For further information, contact:
Heather Taylor - Investor Relations
Tel: +1 604 623 4700
Toll free: 1 888 600 2200
Email: htaylor@nevsun.com
Website: www.nevsun.com


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