Lundin Mining Announces Updated Share Capital and Voting Rights

Lundin Mining logo (CNW Group/Lundin Mining Corporation)

TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") reports the following updated share capital and voting rights, in accordance with the Swedish Financial Instruments Trading Act: View PDF

The number of issued and outstanding shares of the Company has increased by 534,183 to 775,718,751 common shares with voting rights as of April 30, 2024 . The increase in the number of issued and outstanding shares from April 1, 2024 to date is a result of the exercise of employee stock options or the vesting of employee share units.

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 America , primarily producing copper, zinc, gold and nickel.

The information in this release is subject to the disclosure requirements of Lundin Mining under the Swedish Financial Instruments Trading Act. The information was submitted for publication, through the agency of the contact persons set out below on April 30, 2024 at 18:00 Pacific Time .

Lundin Mining Announces Updated Share Capital and Voting Rights (CNW Group/Lundin Mining Corporation)

SOURCE Lundin Mining Corporation

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/April2024/30/c7891.html

News Provided by Canada Newswire via QuoteMedia

LUN:CA,LUNMF
The Conversation (0)
Copper cathode material loaded on train.

Robert Friedland: No Rational Price for Copper as "Essentially Infinite" Demand Meets Short Supply

A copper crunch is coming as demand builds and the hunt for viable deposits comes up short.

That’s according to Robert Friedland, a well-known mining industry financier whose current roles include board leadership positions at Ivanhoe Mines (TSX:IVN,OTCQX:IVPAF) and Ivanhoe Electric (TSX:IE,NYSEAMERICAN:IE).

"We see a crisis coming in physical markets, and we see a requirement for much, much higher copper prices," he said in a recorded interview played at the Rule Symposium, held from July 7 to 11 in Boca Raton, Florida.

Keep reading...Show less
China's flag and Russia's flag on US$100 bills.

Nornickel and China Copper Consider Joint Venture for Copper Plant

Nornickel and Chinalco (SHA:601600) subsidiary China Copper are considering a joint venture, sources familiar with the matter told Reuters.

The move would let Nornickel relocate its copper smelting operation to China amidst London Metal Exchange (LME) restrictions on Russian metals that began in April. The company currently stores a significant amount of its metal on the LME.

Nornickel had previously announced plans in April to close its Arctic copper facility and establish a new plant in China with an unnamed partner.

China Copper was the only party interested in a joint venture with Nornickel because of its position as a subsidiary of the central government-managed Chinalco. The state-owned Chinese copper producers Nornickel approached didn't want to engage with a foreign company without central government approval.

Keep reading...Show less
Forum Announces Senior Management Position in Baker Lake, Nunavut for the Aberdeen Uranium Project

Forum Announces Senior Management Position in Baker Lake, Nunavut for the Aberdeen Uranium Project

Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or the "Company") is pleased to announce that long-time Baker Lake community leader, Richard Aksawnee has accepted the new role as Manager of Nunavut Affairs.

"We are excited to welcome Richard Aksawnee to the Forum team," affirmed Allison Rippin Armstrong, Vice President, Nunavut Affairs. "Richard's extensive experience and demonstrated leadership will help guide our engagement strategy, workforce development and community investment. This senior position will bring a focus to community priorities and perspectives during our exploration activities on our Aberdeen Uranium project near Baker Lake."

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Forte Minerals Logo

Forte Minerals Corp. Announces Closing Of Shares for Debt Agreement

Forte Minerals Corp. ("Forte" or the "Company") (CSE: CUAU) (OTCQB: FOMNF) (Frankfurt: 2OA), announces that pursuant to its previously announced shares for debt settlement (see press release dated July 2, 2024), it has now completed the debt settlement with certain of its creditors (together, the "Creditors") issuing 283,000 common shares (the "Settlement Shares") at deemed price of $0.20 per share settling outstanding accounts payable totaling $56,600.00 (the "Shares for Debt Transaction") owing to the Creditors. The Company is completing the Shares for Debt Transaction to improve its financial position in an effort to support its planned future growth.

The Creditors include certain directors and officers (collectively, the "Related Parties"), who will receive an aggregate of 150,000 of the Settlement Shares. The issuance of the Settlement Shares to the Related Parties constitutes a "related party transaction" as such term is defined by Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). Notwithstanding the foregoing, the directors of the Company have determined that the issuance of the Settlement Shares is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 in reliance on the exemptions set forth in sections 5.5(a) and 5.7(1)(a) of MI 61-101 as neither the fair market value (as determined under MI 61-101) of the subject matter of, nor the fair market value of the consideration for, the issuance of the Settlement Shares, exceeds 25% of the Company's market capitalization (as determined under MI 61-101).

Keep reading...Show less
Miramar Resources (ASX:M2R)

Extension of Closing Date

Miramar Resources Limited (ASX:M2R, “Miramar” or “the Company”) refers to the non-renounceable entitlement issue of 1 fully paid ordinary share in the capital of the Company (Share) for every one Share held be eligible shareholders at an issue price of $0.008 per Share together with one free attaching option to acquire one Share (exercisable at $0.018 on or before the date that is three years from the issue date) (Option) for every one Share applied for and issued to raise up to $1,625,589 (Entitlement Offer), as set out in the Prospectus dated 21 June 2024.

Keep reading...Show less

Latest Press Releases

Related News

×