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Lundin Mining Announces Closing of $350 million Term Loan in Connection with the Caserones Option Exercise

Newswire.ca - Fri Aug 2, 4:30PM CDT

VANCOUVER, BC, Aug. 2, 2024 /CNW/ - (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") is pleased to announce the closing of an increase to its existing term loan ("Term Loan"), maturing on July 27, 2027, in the principal amount of $350 million, in connection with the previously announced closing of an additional nineteen percent (19%) interest in SCM Minera Lumina Copper Chile ("Lumina Copper"). See press release dated June 26, 2024"Lundin Mining Exercises Option to Increase Ownership in Caserones to 70% and Receives Commitments to Increase the Term Loan by $350 Million".

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