Filo shareholders will be able to elect to receive the consideration as either (i) CAD 33.00 in cash per Filo Share or (ii) 2.3578 Lundin Mining shares per Filo Share, or some combination of cash and shares, subject to proration. The total cash consideration will be subject to maximum cash consideration of approximately CAD 2,767 million (representing 68.2% of the aggregate total consideration). The total share consideration will be subject to maximum share consideration of 92.1 million Lundin Mining Shares (representing 31.8% of the aggregate total consideration). As part of the acquisition, BHP Investments Canada Inc. and Lundin Mining have agreed to jointly acquire the two copper deposits Filo del Sol and Josemaria located in the same San Juan province of Argentina as Los Azules. Shareholders that do not make an election will be deemed to have elected to receive cash consideration.