Please find attached today?s Lundin Mining news release. Kindly contact me with any questions.
Sophia Shane, +1604 689 7842
LUNDIN MINING ANNOUNCES RECEIPT OF FINAL ORDER
Toronto, Ontario, January 28, 2009 ? Lundin Mining Corporation (TSX: LUN; OMX: LUMI; NYSE: LMC) (?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,
President and CEO
For further information, please contact:
Sophia Shane, Investor Relations North America: 604-689-7842
Josh Crumb, Senior Business Analyst: 416-342-5560
Robert Eriksson, Investor Relations Europe: +46 (701) 112615