Lundin Gold

LUNDIN GOLD SHARE CAPITAL AND VOTING RIGHTS UPDATE
August 30, 2024

VANCOUVER, BC, Aug. 30, 2024 /CNW/ - Lundin Gold Inc. (TSX: LUG) (Nasdaq Stockholm: LUG) (OTCQX: LUGDF) ("Lundin Gold" or the "Company") reports the following in accordance with the Swedish Financial Instruments Trading Act. PDF version

As a result of the exercise of stock options and the redemption of share units under Lundin Gold's equity compensation plan, and the exercise of previously granted anti-dilution rights of the Company's largest shareholder during the month of August, the Company now has 239,883,028 common shares issued and outstanding with voting rights as at August 30, 2024.

This figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the Company under the Swedish Financial Instruments Trading Act on disclosure of major shareholdings (Transparency Rules).

About Lundin Gold

Lundin Gold, headquartered in Vancouver, Canada, is committed to positive and long-lasting impact on our host communities, while delivering significant value to stakeholders through operational excellence, cash flow generation and focused growth. Lundin Gold currently operates its 100% owned Fruta del Norte ("FDN") gold mine in southeast Ecuador, which is one of the highest-grade gold mines in production in the world today. The Company also owns a portfolio of prospective exploration properties close to FDN.

Additional Information

The information in this release is subject to the disclosure requirements of Lundin Gold under the Swedish Financial Instruments Trading Act. This information was publicly communicated on August 30, 2024 at 4:00 p.m. Pacific Time through the contact persons set out below.


SOURCE Lundin Gold Inc.

lundingold.com/news/...pital-and-voting-rights-update-122782/

LUNDIN GOLD SHARE CAPITAL AND VOTING RIGHTS UPDATE
September 30, 2024
Related Document

   PDF version

VANCOUVER, BC, Sept. 30, 2024 /CNW/ - Lundin Gold Inc. (TSX: LUG) (Nasdaq Stockholm: LUG) (OTCQX: LUGDF) ("Lundin Gold" or the "Company") reports the following in accordance with the Swedish Financial Instruments Trading Act. View PDF

As a result of the exercise of stock options under Lundin Gold's equity compensation plan during the month of September, the Company now has 240,017,068 common shares issued and outstanding with voting rights as at September 30, 2024.

This figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the Company under the Swedish Financial Instruments Trading Act on disclosure of major shareholdings (Transparency Rules).

lundingold.com/news/...pital-and-voting-rights-update-122783/

LUNDIN GOLD REPORTS PRODUCTION OF 122,154 OUNCES OF GOLD IN THE THIRD QUARTER OF 2024
October 8, 2024

VANCOUVER, BC, Oct. 8, 2024 /CNW/ - Lundin Gold Inc. (TSX: LUG) (Nasdaq Stockholm: LUG) (OTCQX: LUGDF) ("Lundin Gold" or the "Company") is pleased to report third quarter 2024 gold production of 122,154 ounces ("oz") from its Fruta del Norte gold mine ("Fruta del Norte") in southeast Ecuador. Of the total quarterly gold production, 73,532 oz were produced as concentrate and 48,622 oz as doré, and gold sales totalled 125,887 oz. During the same quarter in 2023, the Company produced 112,212 oz of gold and gold sales were 112,711 oz. All amounts are in U.S. dollars unless otherwise indicated. View PDF

In the third quarter of 2024, the mill processed 425,340 tonnes of ore resulting in an average throughput rate of 4,623 tonnes per day at an average grade of 10.3 grams per tonne with recoveries of 86.8%.

Ron Hochstein, President and CEO commented, "I'm pleased to announce that during the third quarter we achieved the milestone of 2.0 million ounces of production from Fruta del Norte in just under five years of operation. Having produced 366,788 oz year to date, we are confident in achieving our 2024 production target of 450,000 to 500,000 oz. Average throughput in the third quarter was 4,623 tonnes per day, which was higher than planned and helped to offset lower recoveries. We are excited about Lundin Gold's continued success this year and we look forward to bringing the major components of the Process Plant Expansion project on line by year end."

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lundingold.com/news/...production-of-122-154-ounces-o-122784/

LUNDIN GOLD SHARE CAPITAL AND VOTING RIGHTS UPDATE

October 31, 2024
Related Document

   PDF version

VANCOUVER, BC, Oct. 31, 2024 /CNW/ - Lundin Gold Inc. (TSX: LUG) (Nasdaq Stockholm: LUG) (OTCQX: LUGDF) ("Lundin Gold" or the "Company") reports the following in accordance with the Swedish Financial Instruments Trading Act. PDF Version

As a result of the exercise of stock options under Lundin Gold's equity compensation plan during the month of October, the Company now has 240,027,814 common shares issued and outstanding with voting rights as at October 31, 2024.

This figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the Company under the Swedish Financial Instruments Trading Act on disclosure of major shareholdings (Transparency Rules).

lundingold.com/news/...pital-and-voting-rights-update-122785/

Met the five-year water reduction target early, achieving per capita water consumption of 197 litres per day, a significant accomplishment compared to the 2021 per capita consumption of 326 litres per day.
Progressed alignment of the Fruta del Norte tailings facility with the Global Industry Standards for Tailings Management (GISTM).
Surpassed our 2025 land reclamation and rehabilitation target by restoring a total of 15.4 hectares of land since 2021.
Surpassed our 2025 waste management target through 94% recovery of non-hazardous solid waste (recycling and reuse); also achieved a 27% reduction in the generation of hazardous waste since 2021.  Continued to divert more than 40% of waste from tailings to backfill in the mine.
Commenced the second phase of a large urban regeneration infrastructure project in our area of influence, with local government co-financing.
Continued to provide internet connectivity to all 22 communities in our area of influence.
Maintained strong support of local suppliers in Zamora Chinchipe through expenditures of $28 million in the year.
Surpassed 3,400 psychotherapy sessions since the launch of a mental health and well-being program in our local community in November 2023.
Contributed to a 100% graduation rate at the local high school in our area of influence through the assistance of the Company's educational support program.
Increased direct economic contributions in Ecuador of $290 million, including wages and benefits, operating costs and community investments, as compared to $285 million in 2023.

Lundin Gold's Sustainability Report was developed with guidance from globally recognized sustainability reporting frameworks, standards, and recommendations, including the European Sustainability Reporting Standards (ESRS), Global Reporting Initiative (GRI) and the Sector Standard for Mining (GRI 14), Sustainability Standards Accounting Board (SASB), and United Nations Sustainable Development Goals (UN SDGs).  As a participant of the UN Global Compact (UNGC), the 2024 Sustainability Report is part of our Communication on Progress commitment.

Lundin Gold's Sustainability Report is available for download on the Company's website.

lundingold.com/news/...ses-2024-sustainability-report-122802/

Ron Hochstein, President and CEO, commented, "I am very excited to announce our initial results from Lundin Gold's 2025 drilling program, which continue to demonstrate the significant exploration potential and a growing pipeline of targets around FDN.  At FDNS, high-grade results from our conversion drilling program have confirmed the continuity of the system and identified new mineralized zones.  Recent high-grade drill results at FDN East have significantly advanced our geological understanding of the target and its potential.  At Trancaloma, the wide copper-gold mineralization intercepted confirm the existence of a porphyry at surface and our recent exploration work strongly suggest the occurrences of other mineralized porphyry systems surrounding FDN.  Based on these results, we will accelerate the delineation of these new exploration opportunities and are therefore planning to increase our drilling programs for 2025 from 80,000 to a minimum of 108,000 metres, which will represent the largest annual drilling program ever completed at FDN."

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LUNDIN GOLD ADDS NEW VARIABLE COMPONENT TO ITS DIVIDEND POLICY AND ANNOUNCES A SPECIAL DIVIDEND
May 8, 2025

VANCOUVER, BC, May 8, 2025 /CNW/ - Lundin Gold Inc. (TSX: LUG) (Nasdaq Stockholm: LUG) (OTCQX: LUGDF) ("Lundin Gold" or the "Company") is pleased to announce that its Board of Directors has amended the Company's dividend policy and declared cash dividends of US$0.45 per common share.  The declaration includes a new variable quarterly dividend of US$0.15 per share (the "Variable Dividend") and the existing fixed quarterly dividend of US$0.30 per share (the "Fixed Dividend").  The Variable Dividend and the Fixed Dividend (collectively, the "Quarterly Dividends") will be payable on June 25, 2025 to shareholders of record at the close of business on June 10, 2025 (the "Quarterly Record Date"). View PDF

In addition, the Board has declared a special dividend of US$0.41 per common share (the "Special Dividend"), equivalent to approximately US$100 million.  This Special Dividend will be payable on June 9, 2025, to shareholders of record at the close of business on May 22, 2025 (the "Special Record Date").   The Quarterly Dividends and the Special Dividend qualify as "eligible dividends" under Canadian income tax rules.

"Given the favourable combination of increased gold prices, a debt-free balance sheet, and the robust performance of our operations, I am very pleased to announce both a special dividend totalling approximately US$100 million, and the introduction of a variable quarterly dividend to complement our existing fixed dividends," said Ron Hochstein, President and CEO.  "Moving forward, our sustainable fixed dividend combined with the new variable quarterly dividend will enable us to increase returns to our shareholders during periods of strong free cash flow, while still allowing us to fund our successful exploration programs and pursue growth opportunities."

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LUNDIN GOLD REPORTS FIRST QUARTER 2025 RESULTS
May 8, 2025

Strong production and high gold prices result in increased shareholder dividends

VANCOUVER, BC, May 8, 2025 /CNW/ - Lundin Gold Inc.  (TSX: LUG) (Nasdaq Stockholm: LUG) (OTCQX: LUGDF) ("Lundin Gold" or the "Company") today announced its financial results for the first quarter of 2025, featuring record revenues of $356 million and net income of $154 million ($0.64 per share).  Free cash flow1 of $171 million ($0.71 per share) was driven by strong gold production of 117,313 ounces ("oz"), with 117,641 oz sold at an average realized gold price1 of $3,081 per oz, at low cash operating costs1 of $792 and all-in sustaining costs1 ("AISC") of $909 per oz sold. The Company also reported increased shareholder returns through an amendment to its dividend policy as well as the declaration of a special dividend.  All dollar amounts are stated in US dollars unless otherwise indicated. PDF Version

Ron Hochstein, President and CEO commented, "The first quarter of 2025 is yet another quarter marked by record financial results for Lundin Gold.  As a result of our exploration program results in the first quarter, we have expanded our program to continue to evaluate numerous targets.  In addition, given the Company's future outlook, which includes the benefits of the recently completed process plant expansion project, we are on track to meet our full-year guidance and have increased shareholder returns through the special dividend and introduction of a variable dividend to complement our fixed sustainable dividend."

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lundingold.com/news/...rts-first-quarter-2025-results-122806/

LUNDIN GOLD ANNOUNCES VOTING RESULTS FROM ANNUAL MEETING
May 9, 2025

VANCOUVER, BC, May 9, 2025 /CNW/ - Lundin Gold Inc. (TSX: LUG) (Nasdaq Stockholm: LUG) (OTCQX: LUGDF) ("Lundin Gold" or the "Company") is pleased to report the voting results from the Company's 2025 Annual General Meeting of Shareholders ("Annual Meeting"), which was held today in a hybrid format. PDF Version

A total of 204,086,650 common shares were voted at the meeting, representing 84.78% of the votes attached to all the outstanding common shares.  Shareholders voted by ballot in favour of each of the items of business at the Annual Meeting as follows:

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lundingold.com/news/...s-voting-results-from-annual-m-122807/

LUNDIN GOLD SHARE CAPITAL AND VOTING RIGHTS UPDATE
May 30, 2025

VANCOUVER, BC, May 30, 2025 /CNW/ - Lundin Gold Inc. (TSX: LUG) (Nasdaq Stockholm: LUG) (OTCQX: LUGDF) ("Lundin Gold" or the "Company") reports the following in accordance with the Swedish Financial Instruments Trading Act. PDF Version

As a result of the exercise of stock options and the redemption of share units issued under Lundin Gold's equity compensation plan, and the exercise of previously granted anti-dilution rights of the Company's largest shareholder during the month of May, the Company now has 241,224,518 common shares issued and outstanding with voting rights as at May 30, 2025.

This figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the Company under the Swedish Financial Instruments Trading Act on disclosure of major shareholdings (Transparency Rules).

lundingold.com/news/...pital-and-voting-rights-update-122808/