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Lundin Mining Announces an Update Regarding the 2017 Class Action
(TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") announces that it has received a ruling from its appeal to the Supreme Court of Canada. The ruling upholds the 2023 Ontario Court of Appeal decision allowing a proposed securities class action to be commenced relating to the timing of disclosure of a 2017 pit wall instability and rockslide at the Candelaria Mine in Chile. The certified class action can now proceed before the Ontario Superior Court of
About this update from Bank Leumi Le-israel B.m.
[{"type":"image","alt":"Lundin Mining logo (CNW Group/Lundin Mining Corporation)","displaySize":"","headline":null,"caption":"Lundin Mining logo (CNW Group/Lundin Mining Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":211,"height":30,"url":"https://media.zenfs.com/en/cnwgroup.com/f617b09c45322d65282b3bde32189306"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/mc2gHLSZ_hCMeDMxGtd4og--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTYwO2NmPXdlYnA-/https://media.zenfs.com/en/cnwgroup.com/f617b09c45322d65282b3bde32189306","width":211,"height":30}},"href":"https://mma.prnewswire.com/media/2834517/Lundin_Mining_Corporation_Lundin_Mining_Announces_an_Update_Rega.html","hrefExternal":true,"rel":"nofollow","lazy":false},{"type":"text","content":"VANCOUVER, BC, Nov. 28, 2025 /CNW/ - (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") announces that it has received a ruling from its appeal to the Supreme Court of Canada. The ruling upholds the 2023 Ontario Court of Appeal decision allowing a proposed securities class action to be commenced relating to the timing of disclosure of a 2017 pit wall instability and rockslide at the Candelaria Mine in Chile. The certified class action can now proceed before the Ontario Superior Court of Justice. There has been no decision on the merits of the case, and the Company intends to vigorously defend the action.","length":682,"tagName":"p"},{"type":"text","content":"Background","length":10,"tagName":"p"},{"type":"text","content":"Lundin Mining disclosed the pit wall instability and rockslide in its normal course operational update to investors on November 29, 2017. The claim alleges that these events should have been disclosed earlier. The decision regarding leave to proceed centered on the distinction between a "material fact" and a "material change" under the Ontario Securities Act.","length":381,"tagName":"p","attribs":{}},{"type":"text","content":"About Lundin Mining","length":19,"tagName":"p"},{"type":"text","content":"Lundin Mining is a diversified Canadian base metals mining company with projects or operations in Argentina, Brazil, Chile and the United States of America, and primarily producing copper, gold and nickel.","length":205,"tagName":"p"},{"type":"text","content":"The information in this release i...