Lundin Mining Corporation

Lundin Mining Corporation

February 01, 2007 12:17 ET

Lundin Mining Extends Deadline for Former EuroZinc Shareholders to File Tax Election Forms

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Feb. 1, 2007) - Lundin Mining Corporation ("Lundin Mining" or the "Company") (TSX:LUN)(AMEX:LMC)(SSE:LUMI) announced today that the deadline for shareholders of the predecessor company, EuroZinc Mining Corporation, to file tax election forms has been extended to February 16, 2007.

The exchange of EuroZinc shares for Lundin Mining shares and cash is considered a taxable event for Canadian income tax purposes. However, it is possible to defer some or all of any tax resulting from the share exchange by jointly filing with Lundin Mining, a Tax Election Form and submitting the Tax Election Form to the Canada Revenue Agency.

Some shareholders will not need to file a Tax Election Form. If you meet any of the following criteria you are not required to file a Tax Election Form:

- You are a non-resident of Canada (certain exceptions apply)

- You held all of your EuroZinc shares in an RRSP, RRIF, RESP, RPP or other tax-exempt plan

- You realized a tax loss as a result of the disposition of your EuroZinc shares

Shareholders choosing to file a Tax Election Form should go to the website,, and download the Tax Election Form and related instructions. You will also be able to complete the Tax Election Form electronically at this website.

If you have any questions in respect to the Tax Election Process, please call 1-877-806-7282 (or in Vancouver 604-806-7282).

Contact Information

  • Lundin Mining Corporation
    Sophia Shane
    (604) 689-7842
    (604) 689-4250 (FAX)