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Option-related selling at Lundin Mining (T:LUN)

Updated Friday Feb 22, 2019 01:44 AM EDT

The following insiders exercised Options and sold the same number of Common Shares into the public market between February 20t and 21st, 2019:

Jinhee Magie, CFO, disposed of 130,000 Common Shares on a direct ownership basis at prices ranging from $6.630 to $6.700. This represents a $865,400 divestment of the company's shares and an account share holdings change of -64.0%.

Mikael Schauman, a Senior Officer, disposed of 100,000 Common Shares on a direct ownership basis at a price of $6.650. This represents a $665,000 divestment of the company's shares and an account share holdings change of -78.1%.

Stephen Trelawney Gatley, a Senior Officer, disposed of 30,000 Common Shares on a direct ownership basis at a price of $6.510. This represents a $195,300 divestment of the company's shares and an account share holdings change of -30.0%.

Lundin Mining is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Lundin Mining Corporation is a diversified base metals mining company. The Company is engaged in mining, exploration and development of mineral properties, primarily in Chile, the United States, Portugal, Sweden and the Democratic Republic of Congo (DRC). Its segments include Candeleria, Eagle, Neves-Corvo, Zinkgruvan, Tenke Fungurume and Other. Its geographical segments include Europe, Asia, South America and North America. It is engaged in producing copper, nickel and zinc. Its operating assets include the Eagle mine located in the United States, the Neves-Corvo mine located in Portugal and the Zinkgruvan mine located in Sweden. It also owns the Candelaria and Ojos del Salado mining complex (Candelaria) located in Chile. It holds an indirect equity interest in the Tenke Fungurume mine located in the DRC and the Freeport Cobalt Oy business (Freeport Cobalt), which includes a cobalt refinery located in Kokkola, Finland. It is engaged in drilling on the Elida porphyry project.

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Go to Lundin Mining Corporation (LUN)'s company page

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