June 17, 2016 / 4:56 AM / a year ago

BRIEF-Nevsun resources to pay about $75 mln more to Reservoir shareholders

June 17 (Reuters) - Nevsun Resources Ltd :

* Nevsun and Reservoir announce increased cash consideration to reservoir shareholders

* Agreed to increase consideration to be paid to holders of Reservoir's shares by adding a cash payment of C$2.00 per Reservoir share

* To increase consideration to be paid to holders of Reservoir's common shares by approximately $75 million

Source text for Eikon:

Further company coverage: (Bengaluru Newsroom)

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