Lundin Mining Announces Declaration of Dividend
NEWS RELEASE
Lundin Mining Announces Declaration of Dividend
Toronto, July 24, 2019 (TSX: LUN; Nasdaq Stockholm: LUMI) Lundin Mining Corporation (“Lundin
Mining” or the “Company”) today announced that its Board of Directors has declared a dividend of
CAD$0.03 per share, payable on September 18, 2019 , to shareholders of record at the close of business
on September 6, 2019 . 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 Canadian Dollars
(“CAD”) on September 18, 2019.
Dividends on shares traded on Nasdaq Stockholm will b e paid in Swedish kronor (“SEK”) in accordance
with Euroclear principles on September 19, 2019. To execute the payment of the dividend, a temporary
administrative cross-border transfer closure will be applied by Euroclear from and including September
5, 2019 up to and including September 6 , 2019 during which period shares of the Company cannot be
transferred between TSX and Nasdaq Stockholm.
Notice to all Non-Canadian Resident Shareholders
In 2012, the Canada Revenue Agency (“CRA”) changed how the tax wi thholding rate applied to dividend
payments made to non-residents is determined. The CRA now requires a certification of residency from
each shareholder so that the preferred tax treaty rate can be applied where applicable to person’s
resident in countries which have a tax treaty with Canada.
Shares traded on Toronto Stock Exchange
Form NR301 will be mailed to any new Registered non -resident shareholders as at the dividend record
date (September 6, 2019 ), by Computershare Investor Services Inc. In order to receive the preferred
treaty rate, you must complete and mail back the form as soon as possible. Failure to supply a
completed NR301 form will result in Computershare withholding the statutory 25% withholding tax rate
on any payments to Registered non -resident shareholders. You can also download the form at
https://cda.computershare.com/Content/4f677775-5e6c-4e64-a695-a5785771fec3. Instructions on how
to correctly complete the NR301 are on the back of the form. Shareholders who hold their shares
through a broker should contact their broker directly. They do not need to return a form to
Computershare. If you have already completed Form NR301, you do not need to complete a new form.
Shares traded on Nasdaq Stockholm
Dividend payments will be made net of 25% Canadian withholding tax and any other deemed applicable
country of residence tax. Holders who are entitled to reclaim taxes applicable under tax treaties should
contact the applicable tax authorities, directly. Shareholders who hold their shares through a nominee
should contact their nominee.
Corporate Office
150 King Street West, Suite 2200
P.O. Box 38
Toronto, ON M5H 1J9
Phone: +1 416 342 5560
Fax: +1 416 348 0303
About Lundin Mining
Lundin Mining is a diversified Canadian base metals mining company with operations in Brazil, Chile,
Portugal, Sweden and the United States of America, primarily producing copper, nickel and zinc. In
addition, Lundin Mining holds an indirect 24% equity stake in the Freeport Cobalt Oy business, which
includes a cobalt refinery located in Kokkola, Finland.
The content contained herein is not tax advice. Do not use or otherwise rely upon any of the content
without first seeking independent tax advice.
The information was submitted for publication, through the agency of the contact persons set out below
on July 24, 2019 at 8:05 p.m. Eastern Time.
For further information, please contact:
Mark Turner, Director, Business Valuations and Investor Relations: +1 416 342 5565
Brandon Throop, Manager, Investor Relations: +1 416 342 5583
Robert Eriksson, Investor Relations Sweden: +46 8 440 54 50
Cautionary Statement in Forward-Looking Information
Certain of the statements made and information contained herein, other than statements of historical
fact and historical information , is “forward -looking information” wi thin the meaning of applicable
Canadian securities laws. Such statements include, but are not limited to, payment of the dividend and
declaration of future dividends, and timing and amount thereof. Words such as “if”, “will be”, “may”
and “schedule”, or variations of these terms or similar terminology or statements that certain actions,
events or results “could” occur or be achieved are intended to identify such forward -looking
information. Although the Company believes that the expectations reflected in the forward -looking
information contained herein are reasonable, these statements by their nature involve risks and
uncertainties, and are not guarantees of future performance. Forward-looking information is based on a
number of assumptions, and subject t o a variety of risks and uncertainties which could cause actual
events or results to differ from those reflected in the forward -looking statements. Should one or more
of these risks and uncertainties materialize, or should underlying assumptions prove inco rrect, actual
results may vary materially from those described in forward -looking statements. Accordingly, readers
should not to place undue reliance on forward-looking statements. The Company disclaims any intention
or obligation to update or revise any f orward-looking statements or to explain any material difference
between subsequent actual events and such forward- looking statements, except to the extent required
by applicable law.