LUXEMBOURG -- (Business Wire)
Nexa Resources S.A. (“Nexa Resources” or the “Company”),
announces that the board of directors of the Company resolved today to
distribute to its shareholders a cash dividend of US$0.525494 per common
share (“Dividend”). The Dividend will represent an aggregate
amount of approximately US$70 million, based on the 133,208,125 shares
outstanding as of December 31, 2018.
The Dividend will be paid on March 28, 2019, and shareholders owning
shares on March 14, 2019 will be entitled to receive the Dividend. A
Luxembourg withholding tax of 15% will be applied to the gross dividend
amount, unless an exemption or reduction in rate applies or a refund is
filed and approved by the relevant tax authorities. Shares will be
traded ex-dividend on the Toronto Exchange Stock (TSX) and New York
Stock Exchange (NYSE) as of March 13, 2019.
About Nexa
Nexa is a large-scale, low-cost integrated zinc producer with over 60
years of experience developing and operating mining and smelting assets
in Latin America. The Company operates and owns five long-life
underground mines, three located in the Central Andes of Peru and two
located in the state of Minas Gerais in Brazil. Two of the Company’s
mines, Cerro Lindo in Peru and Vazante in Brazil, are among the 10
largest zinc mines in the world and combined with the Company’s other
mining operations, place the Company among the top five producers of
mined zinc globally in 2017, according to Wood Mackenzie.
Cautionary Statement on Forward-Looking Statements
This News Release contains certain forward-looking information and
forward-looking statements as defined in applicable securities laws
(collectively referred to in this News Release as “forward-looking
statements”). All statements other than statements of historical fact
are forward-looking statements. Forward-looking statements involve known
and unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of NEXA to be materially
different from any future results, performance or achievements expressed
or implied by the forward-looking statements. These forward-looking
statements include (but are not limited to) estimates, forecasts, and
statements as to management’s expectations with respect to the business
and operations of the Company and mining production and its projects.
Forward-looking statements are necessarily based upon a number of
factors and assumptions that, while considered reasonable by management,
are inherently subject to significant business, economic and competitive
uncertainties and contingencies. Statements concerning future production
costs or volumes are based on numerous assumptions of management
regarding operating matters and on assumptions that demand for products
develops as anticipated, that customers and other counterparties perform
their contractual obligations, that operating and capital plans will not
be disrupted by issues such as mechanical failure, unavailability of
parts and supplies, labor disturbances, interruption in transportation
or utilities, adverse weather conditions, and that there are no material
unanticipated variations in the cost of energy or supplies.
We assume no obligation to update forward-looking statements except as
required under securities laws. Further information concerning risks and
uncertainties associated with these forward-looking statements and our
business can be found in our public disclosures filed under our profile
on SEDAR (www.sedar.com)
and on EDGAR (www.sec.gov).
View source version on businesswire.com: https://www.businesswire.com/news/home/20190215005575/en/
Contacts:
Nexa Resources - Investor Relations
Leandro Cappa
ir@nexaresources.com
Source: Nexa Resources S.A.
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