Aug 9 (Reuters) - Nevsun Resources Ltd NSU.TO :
* NEVSUN'S BOARD OF DIRECTORS REJECTS LUNDIN MINING'S HOSTILE BID; OFFER DOES NOT RECOGNIZE THE VALUE OF NEVSUN'S ASSETS; COMPANY TO PROCEED WITH FULL STRATEGIC REVIEW
* NEVSUN RESOURCES LTD - LUNDIN'S BID IS OPEN UNTIL NOVEMBER 9, 2018
* NEVSUN RESOURCES LTD - BOARD UNANIMOUSLY RECOMMENDS THAT NEVSUN SHAREHOLDERS REJECT LUNDIN'S HOSTILE BID AND NOT TENDER THEIR SHARES
* NEVSUN RESOURCES - COMMENCED STRATEGIC REVIEW FOR ALL ALTERNATIVES INCLUDING ACQUISITION OF CO
* NEVSUN RESOURCES - DISCUSSIONS ONGOING WITH PARTIES THAT HAVE INTEREST IN ALTERNATIVES FOR CO
* NEVSUN RESOURCES - SINCE MARCH BOARD HAVE BEEN REVIEWING FINANCING ALTERNATIVES FOR TIMOK PROJECT
* NEVSUN RESOURCES - HAS SIGNED 18 NON-DISCLOSURE AGREEMENTS WITH PARTIES IN RELATION TO FINANCING OF TIMOK PROJECT
* NEVSUN RESOURCES - TILL AUG 7, 4 PROPOSALS BEING RECEIVED FROM COS INDICATING THEIR INTEREST TO BUY UP TO A 19.9% EQUITY INTEREST IN CO
* NEVSUN RESOURCES LTD - RECEIVED VARIOUS PROPOSALS FOR PARTNERING TO DEVELOP TIMOK PROJECT
* NEVSUN RESOURCES - 3 OF 4 PROPOSALS RECEIVED ARE AT "PREMIUM" TO PRICE/SHARE OFFERED IN LUNDIN BID
* NEVSUN RESOURCES LTD - BOARD IS EVALUATING THE FOUR PROPOSALS RECEIVED FOR EQUITY INTEREST