Nevsun Hires Two New Executives To Support Growth
November 20, 2012
<
http://www.nevsun.com/> Nevsun Resources Ltd. (TSX: NSU / NYSE MKT: NSU)
("Nevsun") is pleased to announce it is adding two new executives to its
senior management team, Joseph Giuffre, as Chief Legal Officer, and Todd
Romaine, as VP, Corporate Social Responsibility.
Nevsun CEO Cliff Davis commented: "The Company has in recent months been
building its internal capacity to support management in its operations and
growth for the future. Joe and Todd are both integral components to that
strategy."
Mr. Giuffre is a seasoned lawyer with deep experience in both the mining
industry as well as public markets. As part of the "C" suite he will be
responsible for all of the legal affairs of the Company, as well as a key
participant in managing the corporate strategy going forward. Joe's
extensive experience in the legal affairs of several public companies in the
industry will be a significant addition to our internal capacity for
expansion.
Mr. Giuffre, B.A., LLB., was a founding partner of Axium Law Corporation, a
Vancouver based law firm and was previously a partner of Gowlings, a full
service national law firm. He has over twenty-five years of combined
business and legal experience and has acted for a wide range of Canadian and
foreign public corporations, principally in the mining sector. Mr. Giuffre
has advised on securities and stock exchange and regulatory matters, public
offerings, joint venture transactions, debt and equity financing, mergers
and corporate reorganizations, purchase and sale arrangements, corporate
governance matters and various other complex commercial matters. Joe is
assisting us now and will be officially joining Nevsun in January 2013.
Mr. Romaine brings with him over ten years of industry experience overseeing
CSR programs including policy and process development, operational
governance, environmental monitoring and public awareness initiatives with
stakeholders and the public. Working for the past four years with Enbridge
Inc., Mr. Romaine has also worked with Inuvialuit Regional Corporation and
the Government of Nunavut. He has a BSc in Environmental planning; a BA in
Environmental studies an MA in Leadership as well as International
Relations. Todd has joined Nevsun in November 2012.
The area of social responsibility is a key concern throughout our industry
as we operate in other people's back yards. Respect and understanding are
key traits that Nevsun has observed in past and will do so in the future,
abiding by high international standards. Todd will oversea our engagement
and adherence to these standards, as well as participate in strategy going
forward. Todd has been dealing with sensitive matters in past positions and
will be overseeing our strategy and implementation of the Company's CSR
programs.
We welcome both Joe and Todd to the Nevsun team.
Forward Looking Statements
The above contains forward-looking statements regarding the future
responsibilities of Mr. Giuffre and Mr. Romaine and acquisition plans for
the Company. Forward-looking statements are frequently, but not always,
identified by words such as "expects," "anticipates," "believes," "intends,"
"estimated," "potential," "possible" and similar expressions, or statements
that events, conditions or results "will," "may," "could" or "should" occur
or be achieved. Forward-looking statements are statements about the future
and are inherently uncertain, and actual achievements of the Company or
other future events or conditions may differ materially from those reflected
in the forward-looking statements due to a variety of risks, uncertainties
and other factors, including, without limitation, those described in the
Management Discussion and Analysis of the Company. The Company's
forward-looking statements are based on the beliefs, expectations and
opinions of management on the date the statements are made and the Company
assumes no obligation to update such forward-looking statements in the
future. For the reasons set forth above, investors should not place undue
reliance on forward-looking statements.
Please see the Company's Annual Information Form for the fiscal year ended
December 31, 2011 and the Company's Management Discussion and Analysis for
the quarter ended September 30, 2012 for a more complete discussion of the
risk factors associated with our business.
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 gold production in
February 2011 and is scheduled to transition to copper/gold production in
2013. Management expects the Bisha Mine will rank as one of the highest
grade open pit base metal deposits in the world.
NEVSUN RESOURCES LTD.
Cliff T. Davis
President & Chief Executive Officer
For further information, please contact:
Kin Communications
Tel: 604 684 6730
Toll free 1 866 684 6730
Email: <mailto:NSU_at_kincommunications.com> NSU_at_kincommunications.com
Website: <
http://www.nevsun.com/> www.nevsun.com
Received on Tue Nov 20 2012 - 22:41:41 EST
