Lundin Gold Declares Quarterly Dividend

Date:

VANCOUVER, BC, May 8, 2024 /CNW/ – Lundin Gold Inc. (TSX: LUG) (Nasdaq Stockholm: LUG) (OTCQX: LUGDF) (“Lundin Gold” or the “Company”) is pleased to announce that its Board of Directors has declared a quarterly cash dividend of US$0.10 per common share. The dividend will be payable on June 25, 2024 to shareholders of record at the close of business on June 10, 2024. This dividend qualifies as an “eligible dividend” for Canadian income tax purposes.

Based on today’s closing price of the Company’s common shares on the Toronto Stock Exchange (TSX) of CAD$19.00, this quarterly dividend of US$0.10 per common share represents an estimated annual yield of approximately 2.9%.1

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Estimated yield assumes four quarterly dividends of US$0.10 per common share and has been calculated using today’s CAD$ to US$ exchange rate of 1.3734 as provided by the Bank of Canada.

 

Starting May 27, 2024, the Canadian Capital…

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