TORONTO, ONTARIO -- (Marketwired) -- 02/27/15

Lundin Mining Corporation ("Lundin Mining" or the "Company") (TSX:LUN)(OMX:LUMI) reports the following, in accordance with the Swedish Financial Instruments Trading Act:

As a result of the exercise of employee stock options during the month of February, the number of issued and outstanding shares of the Company has increased to 718,268,673 common shares with voting rights as at February 27, 2015.

About Lundin Mining

Lundin Mining Corporation is a diversified base metals mining company with operations in Chile, Portugal, Sweden, Spain and the United States, producing copper, zinc, lead and nickel. In addition, Lundin Mining holds a 24% equity stake in the world-class Tenke Fungurume copper/cobalt mine in the Democratic Republic of Congo and in the Freeport Cobalt Oy business, which includes a cobalt refinery located in Kokkola, Finland.

On Behalf of the Board,

Paul Conibear, President and CEO

Contacts:
Sophia Shane
Investor Relations North America
+1-604-689-7842

John Miniotis
Senior Manager Corp Development & Investor Relations
+1-416-342-5565

Robert Eriksson
Investor Relations Sweden
+46 8 545 015 50