Lundin Mining Announces Results of Offer to Purchase Notes Pursuant to Asset Sale Covenant
May 28 2018 - 2:00AM
Lundin Mining Corporation (TSX:LUN) (Nasdaq
Stockholm:LUMI) (“Lundin Mining” or the “Company”) today announced
the results of its previously announced offer to purchase (the
“Offer”) any and all of its $450,000,000 aggregate principal amount
of 7.875% Senior Secured Notes due 2022 (the “Notes”). The Offer
was made pursuant to the indenture governing the Notes.
As of the expiration time of the Offer,
$10,808,000 principal amount of the Notes have been validly
tendered and accepted for purchase.
About Lundin Mining
Lundin Mining is a diversified Canadian base
metals mining company with operations in Chile, the United States
of America, Portugal, and Sweden, 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.
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" within the
meaning of applicable Canadian securities laws. Such statements
include, but are not limited to, the Asset Sale Offer. 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 to 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 incorrect, 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 forward‐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.
The information was submitted for publication,
through the agency of the contact persons set out below on May 28,
2018 at 2:00 a.m. Eastern Time.
For further information, please contact:Mark
Turner, Director, Business Valuations and Investor Relations:
+1-416-342-5565Sonia Tercas, Senior Associate, Investor
Relations: +1-416-342-5583Robert Eriksson, Investor Relations
Sweden: +46 8 545 015 50
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