Lundin Mining Announces Voluntary U.S. Deregistration
Corporate Office UK Office
150 King Street West, Suite 1500 70 Oathall Road, Haywards Heath P.O. Box 38 West Sussex, RH16 3EN Toronto, ON M5H 1J9 United Kingdom Phone: +1 416 342 5560 Phone: +44 (0) 1444 411 900 Fax: +1 416 348 0303 Fax: +44 (0) 1444 456 901
www.lundinmining.com NEWS RELEASE LUNDIN MINING ANNOUNCES VOLUNTARY U.S.
DEREGISTRATION
Toronto, April 6, 2010 (TSX: LUN; OMX: LUMI) Lundin Mining Corporation (“Lundin Mining” or the “Company”) today announced that it is voluntarily filing a Form 15F with the U.S. Securities and Exchange Commission (SEC) to terminate the registration of its common shares under the Securities Exchange Act of 1934, as amended. Lundin Mining expects that this termination of registration will become effective 90 days after its filing with the SEC. As a result of this filing, the Company’s obligation to file certain reports with the SEC, including an annual report on Form 40‐F or Form 20‐F and reports on Form 6‐K, will immediately be suspended.
As a TSX‐listed reporting issuer, Lundin Mining will continue to meet its Canadian continuous disclosure obligations by filing with the Canadian securities commissions. All of the Company’s filings can be found on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com. The Company’s listing of common shares on the Toronto Stock Exchange and Swedish Depository Receipts representing its common shares on the OMX Nordic Exchange will not be affected by this change.
About Lundin Mining
Lundin Mining Corporation is a diversified Canadian base metals mining company with operations in Portugal, Sweden, Spain and Ireland, producing copper, zinc, lead and nickel. In addition, Lundin Mining holds a development project pipeline which includes expansion projects at its Zinkgruvan and Neves‐Corvo mines along with its equity stake in the world class Tenke Fungurume copper/cobalt project in the Democratic Republic of Congo.
On Behalf of the Board,
Phil Wright President and CEO
For further information, please contact:
Sophia Shane, Investor Relations North America: +1‐604‐689‐7842 John Miniotis, Senior Business Analyst: +1‐416‐342‐5565 Robert Eriksson, Investor Relations Sweden: +46 8 545 015 50
Forward Looking Statements
Certain of the statements made and information contained herein is “forward‐looking information” within the meaning of the Ontario Securities Act or “forward‐looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934 of the United States. Forward‐looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward‐looking statements, including, without limitation, risks and uncertainties relating to foreign currency fluctuations; risks inherent in mining including environmental hazards, industrial accidents, unusual or unexpected geological formations, ground control problems and flooding; risks associated with the estimation of mineral resources and reserves and the geology, grade and continuity of mineral deposits; the possibility that future exploration, development or mining results will not be consistent with the Company’s expectations; the potential for and effects of labour disputes or other unanticipated difficulties with or shortages of labour or interruptions in production; actual ore mined varying from estimates of grade, tonnage, dilution and metallurgical and other characteristics; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations; uncertain political and economic environments; changes in laws or policies, foreign taxation, delays or the inability to obtain necessary governmental permits; and other risks and uncertainties, including those described under Risk Factors Relating to the Company’s Business in the Company’s Annual Information Form and in each management discussion and analysis. Forward‐looking information is in addition based on various assumptions including, without limitation, the expectations and beliefs of management, the assumed long term price of copper, nickel, lead and zinc; that the Company can access financing, appropriate equipment and sufficient labour and that the political environment where the Company operates will continue to support the development and operation of mining projects. 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 statements. Accordingly, readers are advised not to place undue reliance on forward‐looking statements.