Good
afternoon!
Please
find enclosed a news release issued this afternoon. If you have any questions
or require further information, please do not hesitate to call.
Best
regards,
Sophia
Shane
Ph.
604-689-7842
Lundin Mining Announces Extension of
Bid for Rio Narcea Gold Mines, Ltd.
May 29, 2007 (TSX: LUN; SSE:
LUMI, AMEX: LMC) Lundin Mining Corporation (“Lundin Mining” or the
“Company”) announces that it has extended the Expiry Date for its
offer to acquire all of the issued shares and warrants of Rio Narcea Gold
Mines, Ltd. (“Rio Narcea”) to 10:00 p.m. (Pacific Time) on June 11,
2007, unless extended or withdrawn. The bid is in the amount of Cdn $5.00 for
each share and Cdn $1.04 for each warrant. A Notice of Extension has been
filed with Computershare Investor Services Inc., the Depositary under the
offer. The Notice of Extension is being printed and will be mailed to Rio Narcea shareholders and warrantholders.
About Lundin Mining
Lundin
Mining is a rapidly growing mining and exploration company engaged in the
extraction, development, acquisition and discovery of base metal deposits
internationally. The company currently owns four operating mines: Neves-Corvo
in Portugal, the Zinkgruvan
and Storliden mines in Sweden,
and the Galmoy mine in Ireland.
A fifth mine under development, the Aljustrel mine in Portugal, will be brought into
production in the third quarter of 2007. Lundin Mining also holds a 49% stake
in one of the world’s largest zinc projects – Ozernoe, located in
the Republic of Buryatia
in the Russian Federation.
For further information, please
contact:
Catarina Ihre,
Investor Relations, Europe: +46-706-07-92-63
Sophia
Shane, Investor Relations, North America:
+1-604-689-7842
Inquiries concerning the offer can
also be directed to Lundin Mining’s Information Agent, Georgeson, at
1-866-676-3005 (toll- free in North America).