(TSX: LUN; Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") reports the following updated share capital and voting rights, in accordance with the Swedish Financial Instruments Trading Act:

The number of issued and outstanding shares of the Company has decreased to 733,574,447 common shares with voting rights as at March 31, 2020. The decrease in the number of issued and outstanding shares from March 1, 2020 to date is a result of the Company purchasing shares under the existing normal course issuer bid (the "NCIB"), partially offset by the exercise of employee stock options or the vesting of employee share units. All shares purchased under the NCIB were cancelled.

About Lundin Mining

Lundin Mining is a diversified Canadian base metals mining company with operations in Brazil, Chile, Portugal, Sweden and the United States of America, primarily producing copper, zinc, gold and nickel.

The information in this release is subject to the disclosure requirements of Lundin Mining under the Swedish Financial Instruments Trading Act. The information was submitted for publication, through the agency of the contact persons set out below on March 31, 2020 at 5:00 p.m. Eastern Time.

SOURCE Lundin Mining Corporation

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SOURCE: Lundin Mining Corporation

Mark Turner, Director, Business Valuations and Investor Relations: +1 416 342 5565;
Brandon Throop, Manager, Investor Relations: +1 416 342 5583; Robert Eriksson,
Investor Relations Sweden: +46 8 440 54 50