Lundin Mining takeover offer for Nevsun expires
LUNDIN MINING Corp.’s previously announced bid for all of the issued and outstanding shares of Nevsun Resources Ltd. expired at 5 p.m. today in accordance with its terms. Lundin Mining will not take up any securities deposited under the bid and will return such securities to the holders.
Lundin Mining continues to pursue strategic growth opportunities. The company’s portfolio of highquality, long-life mines enables Lundin Mining to remain disciplined to its investment criteria and rigorous in its allocation of capital to deliver superior shareholder returns. The company’s financial strength affords Lundin Mining substantial flexibility to respond to external opportunities while advancing high value-add internal projects and to unlock exploration potential at each of its mines.
About Lundin Mining Corp.
Lundin Mining is a diversified Canadian base metals mining company with operations in Chile, the United States, Portugal and Sweden, primarily producing copper, nickel and zinc. In addition, Lundin Mining holds an indirect 24-per-cent equity stake in the Freeport Cobalt Oy business, which includes a cobalt refinery located in Kokkola, Finland.
Donald Kinloch Charter, Paul Kenneth Conibear, John Hunter Craig, Peter Clark Jones, Lukas Henrik Lundin, Dale Canfield Peniuk, William Archibald Rand, Catherine Jean Garrett Stefan
(LUN) Shares: 733,493,179