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2017-06-01

Updated Share Capital and Voting Rights for Lundin Mining

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Updated Share Capital and Voting Rights for Lundin Mining

Toronto, May 31, 2017 (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 from May 1, 2017 to date,
the number of issued and outstanding shares of the Company has increased to
726,758,397 common shares with voting rights as at May 31, 2017.

About Lundin Mining

Lundin Mining is a diversified Canadian base metals mining company with
operations in Chile, the United States of America, Portugal, and Sweden,
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.

On Behalf of the Board,

Paul Conibear, President and CEO

The information in this release is subject to the disclosure requirements of
Lundin Mining under the Swedish Financial Instruments Trading Act. This
information was publicly communicated on May 31, 2017 at 5:00 p.m. Eastern
Time.

FOR FURTHER INFORMATION, PLEASE CONTACT:
Lundin Mining Corporation
Sonia Tercas
Senior Associate, Investor Relations
+1-416-342-5583

Författare Nasdaq Stockholm

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