VANCOUVER, BC, July 29, 2024 /CNW/ - (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") and BHP have entered into a definitive agreement (the "Arrangement Agreement") with Filo Corp. (TSX: FIL) (Nasdaq First North Growth Market: FIL) (OTCQX: FLMMF) ("Filo") to jointly acquire 100% of Filo's issued and outstanding common shares (each, a "Filo Share") not already owned by Lundin Mining and BHP pursuant to a court-approved plan of arrangement (the "Filo Acquisition"). Under the terms of the Arrangement Agreement the offer implies a value of C$33.00 per Filo Share, representing a premium of 32.2% to Filo's unaffected 30-day volume weighted average price ("VWAP") up to July 11, 2024.
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