To: Goose94 who wrote (20322 ) 8/4/2016 11:33:27 AM From: Andrew~ Read Replies (1) | Respond to of 202700 LUG-T Lundin Gold Announces Approval and Registration of Swedish Prospectus for $94.9 Million Offering, With the Exercise of Over-AllotmentVANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 4, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION TO UNITED STATES Lundin Gold Inc. ("Lundin Gold" or the "Company") (TSX:LUG)(OMX:LUG) is pleased to announce that it has obtained the approval of and registration with the Swedish Financial Supervisory Authority (the "FSA") of a listing prospectus (the "Swedish Prospectus") for up to 7,250,000 common shares under the bought deal equity financing announced on June 27, 2016 (the "Offering"). The Swedish Prospectus has been filed on the Company's website at www.lundingold.com and can be obtained from the Company upon request. The FSA's approval and registration of the Swedish Prospectus and its subsequent publication on the Company's website satisfies the closing condition (the "Swedish Prospectus Condition") for the second tranche of the Offering. The first tranche of the Offering closed on July 19, 2016 at which time 10,000,000 common shares of the Company were issued at CAD$5.50 per common share (the "Offering Price") for total gross proceeds of CAD$55,000,000. A syndicate of underwriters led by GMP Securities L.P. and including BMO Nesbitt Burns Inc., Dundee Securities Ltd., Cormark Securities Inc., Paradigm Capital Inc., Scotia Capital Inc. and Pareto Securities AS (collectively, the "Underwriters") were granted the option to purchase up to an additional 2,250,000 common shares at the Offering Price (the "Over-Allotment Option"). The Underwriters have advised the Company that they are exercising the Over-Allotment Option in its entirety. The closing of the second tranche of the Offering, which includes 5,000,000 common shares and an additional 2,250,000 shares issuable pursuant to the Over-Allotment Option (the "Second Tranche Shares") at the Offering Price for aggregate gross proceeds of CAD$39,875,000, is expected to occur on or about August 9, 2016, and the listing of the Second Tranche Shares on the Toronto Stock Exchange (the "TSX") is expected to occur on or about Tuesday, August 9, 2016, prior to market open on the TSX.This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein in the United States or in any other jurisdiction. The securities referred to in this press release have not been and will not be registered under the U.S. Securities Act and may not be offered or sold without registration under the U.S. Securities Act and all applicable state securities laws or compliance with the requirements of an exemption from such registration. Additional Information The information in this release is subject to the disclosure requirements of Lundin Gold under the EU Market Abuse Regulation and/or the Swedish Securities Market Act. This information was publicly communicated on August 4, 2016 at 5:38 a.m. PT.About the Company: Lundin Gold Inc. owns the Fruta del Norte ("FDN") gold project located in southeast Ecuador. FDN is one of the largest and highest grade undeveloped gold projects in the world. The Company is advancing FDN in order to realize the significant potential of this asset. The Company believes that the value created will not only greatly benefit shareholders, but also the Government and people of Ecuador who are the Company's most important stakeholders in this project. Lundin Gold views its commitment to corporate social responsibility as a strategic advantage that enables it both to access and effectively manage business opportunities in increasingly complex environments. Lundin Gold is committed to addressing the challenge of sustainability - delivering value to its shareholders, while simultaneously providing economic and social benefits to impacted communities and minimizing its environmental footprint.