04:24 PM EST, 12/10/2024 (MT Newswires) -- Lundin Mining ( LUNMF ) after close of trading Tuesday said its Swedish short-form document for the proposed offer of new shares of Lundin Mining ( LUNMF ) to holders of Euroclear Sweden AB registered common shares of Filo Corp. ( FLMMF ) has moved forward.

The document is in connection ahead of the close of the acquisition of Filo Corp ( FLMMF ) by Lundin and BHP (BHP).

The acquisition is expected to close in the first quarter of 2025 subject to the satisfaction or waiver of closing conditions. Trading of the new Lundin Mining Shares on Nasdaq Stockholm is expected to commence as soon as possible following the arrangement becoming effective, subject to Nasdaq Stockholm approving the admission to trading of such shares.

The company's shares closed down $0.46 to $13.32 on the Toronto Stock Exchange.