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New leadership takes over after Zijin's 89.37% acquisition of Nevsun

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New leadership takes over after Zijin's 89.37% acquisition of Nevsun

Nevsun Resources Ltd. on Dec. 31 announced board and management changes in accordance with Zijin Mining Group Co. Ltd.'s acquisition of 89.37% of its issued and outstanding shares.

Xian Jian Guo was appointed as CEO and a director, replacing Peter Kukielski, while Xuelin Cai was named as CFO, replacing Ryan MacWilliam.

Nevsun also appointed Qixue Fang, Qiang Liu, Harry Zheng Tian and Kaihui Yang as directors, while Ian Pearce, Ian Ashby, Geoff Chater, Anne Giardini, Stephen Scott and David Smith resigned from the board.

In addition, Joseph Giuffre stepped down as chief legal officer, Scott Trebilcock resigned as chief development officer and Marc Blythe resigned as vice president of corporate development.

Nevsun's main assets include the Timok copper property in Serbia and a majority interest in the Bisha zinc mine in Eritrea.