Lundin Mining Corp. will list 132,157,000 subscription receipts on the Toronto Stock Exchange at the open on Thursday, Oct. 23, 2014, according to the TSX. As in an Oct. 17, 2014, short form prospectus, Lundin Mining plans to sell 132,157,000 subscription receipts at $5.10 each, raising $674,000,700. As in an Oct. 6, 2014, Lundin Mining news release, the company plans to use the money raised to partially finance its acquisition of an 80-per-cent interest in the Candelaria/Ojos del Salado copper mining operations and infrastructure for $1.8-billion (U.S.) from Freeport-McMoRan Inc. The company will exchange each subscription receipt for a share for no further consideration on the closing of the acquisition.
The TSX reports the subscription receipts will trade under the symbol LUN.R and Cusip No. 550372 11 4.
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