LUNDIN GOLD DOUBLES QUARTERLY DIVIDEND

About this update from Lundin Gold Inc.

[{"type":"text","content":"\n\n\n\n LUNDIN GOLD DOUBLES QUARTERLY DIVIDEND\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; TEXT-ALIGN: LEFT; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n\n\n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n Aug. 8, 2024\n \n\n /CNW/ -\n \n Lundin Gold Inc.\n \n (TSX: LUG) (Nasdaq Stockholm: LUG) (OTCQX: LUGDF)\n \n (\"Lundin Gold\" or the \"Company\")\n \n is pleased to announce that its Board of Directors has declared an increased quarterly cash dividend of\n \n US$0.20\n \n per common share, up from\n \n US$0.10\n \n per common share in previous quarters. The dividend will be payable on September 25, 2024 to shareholders of record at the close of business on\n \n September 10, 2024\n \n . This dividend qualifies as an \"eligible dividend\" for Canadian income tax purposes.\n \n PDF Version\n \n\n\n \"\n \n The Board's decision today to double our quarterly dividend reflects our confidence in the Company's financial position now that\n \n Lundin Gold\n \n is debt free, with strong revenues and operating cash flow,\n \n \" said\n \n Ron Hochstein\n \n , President and CEO.\n \n \"Even though we have doubled our quarterly dividend, we remain committed to pursuing growth through our exploration programs and targeted corporate development.\"\n \n\n\n Based on today's closing price of the Company's common shares on the Toronto Stock Exchange (\"TSX\") of\n \n CAD$21.99\n \n , this quarterly dividend of\n \n US$0.20\n \n per common share represents an estimated annual yield of approximately 5.0%.\n \n 1\n \n\n\n Dividends for shares trading on the TSX and the OTCQX will be paid in Canadian dollars on September 25, 2024, based on the prevailing exchange rate at the record date. Dividends for shares trading on Nasdaq Stockholm will be paid on September 30, 2024 in Swe...

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