Lundin Mining Corporation

Share Capital & Listings

Share Capital (as of February 28, 2018)

730,089,484 shares outstanding
747,738,499 shares fully diluted

Burn Rate Calculation


The table below sets out the burn rate for each of the Corporation's equity compensation plans as of December 31 for each of the last three years.  The burn rate represents the total number of stock options and SUs granted during the year, divided by the weighted average number of Company shares outstanding during the year.

Plan

2017

2016

2015

Share Unit Plan

0.17%

0.16%

0.14%

Incentive Stock Option Plan

0.61%

0.58%

0.59%

2006 Incentive Stock Option Plan

N/A

N/A

N/A


Insider shareholdings

Shareholdings by insiders can be found on the following websites:

Canada - System for Electronic Disclosure by Insiders www.sedi.ca
Sweden - Swedish Financial Supervisory Authority www.fi.se

Listings

TSX under the symbol: LUN
OMX under the symbol: LUMI

Exchange Rules

The Company is also guided by the Rules and Regulations of the NASDAQ Stockholm Exchange ("Exchange Rules") which form an integral part of the Listing Agreement between the Company and the NASDAQ Stockholm Exchange. Details regarding the Exchange Rules can be found at www.nasdaqomx.com.