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Lundin Mining Corporation: RiskMetrics Recommends Shareholders Vote in Favour
posted on
Jan 12, 2009 12:50PM
January 12, 2009
Lundin Mining Corporation: RiskMetrics Recommends Shareholders Vote in Favour of Business Combination With HudBay
TORONTO, ONTARIO--(Marketwire - Jan. 12, 2009) - Lundin Mining Corporation ("Lundin Mining" or the "Company") (TSX:LUN)(NYSE:LMC)(OMX:LUMI) is pleased to report that RiskMetrics Group ("RMG") has formally recommended that its clients holding shares of Lundin Mining vote FOR an arrangement whereby HudBay Minerals Inc. ("HudBay") will acquire all of the issued and outstanding common shares of Lundin Mining. Through the arrangement, shareholders of Lundin Mining will receive 0.3919 of a common share of HudBay for each common share of Lundin Mining held.
A special meeting of Lundin Mining shareholders to consider the proposed arrangement with HudBay will be held in Toronto on January 26, 2009 at the Fairmont Royal York Hotel at 10:00 a.m. EST.
RMG provides proxy research, voting services and corporate governance advisory services to financial institutions and corporation.
ABOUT LUNDIN MINING
Lundin Mining Corporation is a diversified base metals mining company with operations in Portugal, Spain, Sweden and Ireland, producing copper, nickel, lead and zinc. In addition, Lundin Mining holds a development project pipeline which includes the world class Tenke Fungurume copper/cobalt project in the Democratic Republic of Congo and holds an extensive exploration portfolio and interests in international mining and exploration ventures.