VANCOUVER, BC, July 30, 2024 /PRNewswire/ -- (TSX: LUN) (Nasdaq
Stockholm: LUMI) Lundin Mining Corporation ("Lundin
Mining" or the "Company") today announced that its Board of
Directors has declared a regular quarterly dividend of Canadian
Dollars ("CAD") $0.09 per share,
payable on September 11, 2024, to
shareholders of record at the close of business on August 30, 2024. The first day of trading without
dividend ("ex-dividend date") will be August
30, 2024, for shares traded on TSX. For shares traded on
Nasdaq Stockholm, the ex-dividend date will be August 29, 2024. This dividend qualifies as an
'eligible dividend' for Canadian income tax purposes. The
declaration, timing, amount and payment of future dividends remain
at the discretion of the Board of Directors.
Dividends on shares traded on the Toronto Stock Exchange ("TSX")
will be paid in CAD on September 11,
2024. Dividends on shares traded on Nasdaq Stockholm will be
paid in Swedish kronor in accordance with Euroclear principles on
September 16, 2024. To execute the
payment of the dividend, a temporary administrative cross-border
transfer closure will be applied by Euroclear from August 28, 2024 up to and including August 30, 2024 during which period shares of the
Company cannot be transferred between TSX and Nasdaq Stockholm.
About Lundin Mining
Lundin Mining is a diversified Canadian base metals mining
company with projects and operations in Argentina, Brazil, Chile, Portugal, Sweden and the
United States of America, primarily producing copper, zinc,
nickel and gold.
The information in this release is subject to the disclosure
requirements of Lundin Mining under the EU Market Abuse Regulation.
The information was submitted for publication, through the agency
of the contact persons set out below on July
30, 2024 at 14:25 Pacific Standard
Time.
Cautionary Statement on Forward-Looking Information
Certain of the statements made and information contained
herein is "forward-looking information" within the meaning of
applicable Canadian securities laws. All statements other than
statements of historical facts included in this document constitute
forward-looking information, including but not limited to
statements regarding the Company's plans, prospects and business
strategies; the timing of payment and amount of any dividend;
expectations regarding settlement; eligibility of any dividend for
tax purposes; and declaration, timing, amount, and payment of
future dividends. Words such as "believe", "expect", "anticipate",
"contemplate", "target", "plan", "goal", "aim", "intend",
"continue", "budget", "estimate", "may", "will", "can", "could",
"should", "schedule" and similar expressions identify
forward-looking statements.
Forward-looking information is necessarily based upon various
estimates and assumptions including, without limitation, the
expectations and beliefs of management, including assumed and
future price of copper, nickel, zinc, gold and other metals;
anticipated costs; ability to achieve goals; and assumptions
related to the factors set forth below. While these factors and
assumptions are considered reasonable by Lundin Mining as at the
date of this document in light of management's experience and
perception of current conditions and expected developments, these
statements are inherently subject to significant business, economic
and competitive uncertainties and contingencies. Known and unknown
factors could cause actual results to differ materially from those
projected in the forward-looking statements and undue reliance
should not be placed on such statements and information. Such
factors include, but are not limited to: global financial
conditions, market volatility and inflation, including pricing and
availability of key supplies and services; risks inherent in mining
including but not limited to risks to the environment, industrial
accidents, catastrophic equipment failures, unusual or unexpected
geological formations or unstable ground conditions, and natural
phenomena such as earthquakes, flooding or unusually severe
weather; uninsurable risks; volatility and fluctuations in metal
and commodity demand and prices; risks inherent in and/or
associated with operating in foreign countries and emerging
markets, including with respect to foreign exchange and capital
controls; project financing risks, liquidity risks and limited
financial resources; risks associated with the estimation of
Mineral Resources and Mineral Reserves and the geology, grade and
continuity of mineral deposits including but not limited to models
relating thereto; actual ore mined and/or metal recoveries varying
from Mineral Resource and Mineral Reserve estimates, estimates of
grade, tonnage, dilution, mine plans and metallurgical and other
characteristics; ore processing efficiency; financial projections,
including estimates of future expenditures and cash costs, and
estimates of future production may not be reliable; exchange rate
fluctuations; compliance with foreign laws; and other risks and
uncertainties, including but not limited to those described in the
"Managing Risks" section of the Company's MD&A and the "Risks
and Uncertainties" section of the Company's Annual Information Form
for the year ended December 31, 2023
and the period ending June 30, 2024,
which are available on SEDAR+ at www.sedarplus.ca under the
Company's profile.
All of the forward-looking statements made in this document
are qualified by these cautionary statements. Although the Company
has attempted to identify important factors that could cause actual
results to differ materially from those contained in
forward-looking information, there may be other factors that cause
results not to be as anticipated, estimated, forecast or intended
and readers are cautioned that the foregoing list is not exhaustive
of all factors and assumptions which may have been used. Should one
or more of these risks and uncertainties materialize, or should
underlying assumptions prove incorrect, actual results may vary
materially from those described in forward-looking information.
Accordingly, there can be no assurance that forward-looking
information will prove to be accurate and forward-looking
information is not a guarantee of future performance. Readers are
advised not to place undue reliance on forward-looking information.
The forward-looking information contained herein speaks only as of
the date of this document. The Company disclaims any intention or
obligation to update or revise forward‐looking information or to
explain any material difference between such and subsequent actual
events, except as required by applicable law.
For further information, please contact: Stephen Williams, Vice President, Investor
Relations +1 604 806 3074; Robert
Eriksson, Investor Relations Sweden: +46 8 440 54 40
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