CFO buying at Nevsun Resources (NSU)

CFO buying at Nevsun Resources (T:NSU)

Thomas S. Whelan, CFO, acquired 50,000 Common Shares on a direct ownership basis at a price of $3.126 on May 1st, 2017. This represents a $156,300 investment into the company's shares and an account share holdings change of 97.3%.

Nevsun Resources is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

Nevsun Resources Ltd. is a base metals company. The Company's two principal properties are the Timok Project in Serbia, which hosts the copper-gold Cukaru Peki deposit on the Brestovac-Metovnica Exploration Permit (the B-M Permit) and the Bisha Property in Eritrea, which hosts the copper-zinc-gold Bisha deposit and includes satellite volcanogenic massive sulphides (VMS) deposits at Harena, Northwest, Hambok and Asheli. The Company's principal mining operation is the Bisha Mine, which is located on the Bisha Property. The Timok Project is located in eastern Serbia near the Bor Mining and Smelting complex. The Timok project is located within the central zone of the Timok Magmatic Complex (TMC), in the Serbian section of the East European Carpathian-Balkan Arc. In addition, the Company owns the New Mogoraib River Exploration License, which covers an area of 630 square kilometers and the Tabakin Exploration License covering 184 square kilometers both adjacent to the Bisha Mining License.