Nevsun Declares Fourth Quarterly Dividend of 2015

VANCOUVER, Dec. 10, 2015 /PRNewswire/ - Nevsun Resources Ltd. (TSX: NSU) (NYSE MKT: NSU) (Nevsun) is pleased to advise that its Board of Directors has declared its regular a quarterly cash dividend of US$0.04 per common share (US$0.16 per common share annually). The dividend is payable on January 15, 2016, to shareholders of record as of the close of business on December 31, 2015.  

This dividend qualifies as an 'eligible dividend' for Canadian income tax purposes.

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 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"

Cliff T. Davis President & Chief Executive Officer

SOURCE Nevsun Resources Ltd.