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Message: Announces Receipt of Final Order
| January 28, 2009 |
| Lundin Mining Announces Receipt of Final Order |
| TORONTO, ONTARIO--(Marketwire - Jan. 28, 2009) - Lundin Mining Corporation (TSX:LUN)(NYSE:LMC)(OMX:LUMI) ("Lundin Mining" or the "Company") today announced that the Ontario Superior Court of Justice (Commercial List) has issued its final order approving the plan of arrangement under the Canada Business Corporations Act pursuant to which HudBay Minerals Inc. ("HudBay") will acquire all of the issued and outstanding common shares of Lundin Mining. As a result of the arrangement, shareholders of Lundin Mining will receive 0.3919 of a common share of HudBay for each common share of Lundin Mining. The arrangement remains subject to, among other things, HudBay obtaining approval of the issuance of the HudBay common shares, which are to be issued in connection with the arrangement, by a simple majority of the votes cast by HudBay shareholders entitled to vote at a duly convened special meeting of HudBay shareholders, in accordance with the previously announced Ontario Securities Commission decision rendered on January 23, 2009. ABOUT LUNDIN MINING Lundin Mining Corporation is a diversified base metals mining company with operations in Portugal, Spain and Sweden, 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. On Behalf of the Board, Phil Wright, President and CEO |
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