Lundin Mining Announces Updated Share Capital and Voting Rights

TORONTO, July 29, 2022 /CNW/ – (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation (“Lundin Mining” or the “Company”) declares the following updated share capital and voting rights in accordance with the Swedish Trading in Financial Instruments Act:

The number of issued and outstanding shares of the Company decreased by 1,252,085 to 777,499,946 common shares with voting rights at July 29, 2022. The decrease in the number of issued and outstanding shares of July 1, 2022 to date is the result of the Company’s purchase of shares under the Normal Course Issuer Bid (the “OPRCA”), partially offset by the exercise of stock options. purchase of employee shares or acquisition of employee share units. All the shares purchased under the OPRA were cancelled.

About Lundin Mining

Lundin Mining is a diversified Canadian base metals mining company with operations and projects in Argentina, Brazil, Chile, Portugal, Sweden and The United States of Americamainly producing copper, zinc, gold and nickel.

The information in this press release is subject to Lundin Mining’s disclosure requirements under the Swedish Trading in Financial Instruments Act. The information has been submitted for publication, through the contact persons listed below on July 29, 2022 at 5:00 p.m. Eastern Time.