Lundin Mining, BHP Group complete acquisition of Filo

Filo Corp. (FLMMF) announce the completion of the previously announced arrangement involving, among others, the Company, BHP Investments Canada (BHP), and Lundin Mining Corporation (LUNMF), pursuant to which BHP and Lundin Mining, among other things, acquired all of the issued and outstanding common shares of Filo not already owned by BHP, Lundin Mining or their respective affiliates. The Filo Shares not already owned by BHP, Lundin Mining or their respective affiliates were acquired pursuant to the Arrangement for consideration to each holder of Filo Shares comprised of, at such Shareholder’s election: C$33.00 in cash for each Filo Share held, or 2.3578 common shares in the capital of Lundin Mining for each Filo Share held, plus for each whole Lundin Mining Share issued to such Shareholder, C$0.0001 in cash paid to such Shareholder, or a combination of the Cash Consideration and the Share Consideration and Share Consideration Cash in exchange for the aggregate number of Filo Shares in respect of which such election was made.