Form 51-102F3
Material Change Report
CONTENT OF MATERIAL CHANGE REPORT
Item 1
Name and Address of Company
Nevsun Resources Ltd. (the “Company”)
Suite 800 – 1075 West Georgia Street
Vancouver, BC V6E 3C9
Item 2
Date of Material Change
January 10, 2005
Item 3
News Release
The press release was issued on January 10, 2005 and was disseminated by CCN Matthews, Canada Stockwatch and Market News.
Item 4
Summary of Material Change
Nevsun Resources Ltd. (NSU/TSX) is pleased to announce that its common shares will commence trading on the American Stock Exchange ("AMEX") at 9:30 a.m. Wednesday, January 12, 2005 under the ticker symbol NSU. The Company’s specialist will be J. Streicher & Co LLC.
Item 5
Full Description of Material Change
See attached news release.
Item 6
Reliance on subsection 7.1(2) or (3) of National Instrument 51-102
This report is not being filed on a confidential basis.
Item 7
Omitted Information
No information has been intentionally omitted from this form.
Item 8
Executive Officer
Dr. John A. Clarke
Telephone: (604) 623-4700
Item 9
Date of Report
January 10, 2005
NEVSUN RESOURCES LTD.
Per:“Maureen Carse”
Maureen D. Carse
Corporate Secretary
N E W S R E L E A S E |
Nevsun Resources to Begin Trading on AMEX January 12, 2005
January 10, 2005
Nevsun Resources Ltd. (NSU/TSX) is pleased to announce that its common shares will commence trading on the American Stock Exchange ("AMEX") at 9:30 a.m. Wednesday, January 12, 2005 under the ticker symbol NSU. The Company’s specialist will be J. Streicher & Co LLC.
The Company's shares will continue to trade on the Toronto Stock Exchange under the symbol NSU.
The listing approval is contingent upon the Company being in compliance with all applicable listing standards on the date it begins trading on the Exchange, and may be rescinded if the Company is not in compliance with such standards.
For further details on the Company readers are referred to the Company’s web site (www.nevsun.com), Canadian regulatory filings on SEDAR atwww.sedar.com and United States regulatory filings on EDGAR atwww.sec.gov. Further information about AMEX can be found atwww.amex.com.
CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS
Some of the statements contained in this release are "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statement.
NEVSUN RESOURCES LTD. “John A. Clarke” Dr. John A. Clarke Nsu05-02.doc | For further information, Contact: Website:www.nevsun.com
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