Updated Share Capital and Voting Rights for Lundin Mining

TORONTO, ON, September 30, 2019 /CNW/ - (TSX: LUN; Nasdaq Stockholm: LUMI) Lundin Mining Corporation (“Lundin Mining” or the “Company”) reports the following, in accordance with the Swedish Financial Instruments Trading Act:

As a result of the exercise of employee stock options or the vesting of employee share units from September 1, 2019 to date, the number of issued and outstanding shares of the Company has increased to 734,540,308 common shares with voting rights as at September 30, 2019.

The information in this release is subject to the disclosure requirements of Lundin Mining under the Swedish Financial Instruments Trading Act. The information was submitted for publication, through the agency of the contact persons set out below on September 30, 2019 at 5:00pm Eastern Time.

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For further information, please contact:

Mark Turner, Director, Business Valuations and Investor Relations:  +1-416-342-5565

Brandon Throop, Manager, Investor Relations: +1-416-342-5583

Robert Eriksson, Investor Relations Sweden:  +46 8 440 54 50

About Lundin Mining

Lundin Mining is a diversified Canadian base metals mining company with operations in Brazil, Chile, Portugal, Sweden and the United States of America, primarily producing copper, nickel and zinc. In addition, Lundin Mining holds an indirect 24% equity stake in the Freeport Cobalt Oy business, which includes a cobalt refinery located in Kokkola, Finland.

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