Lundin to Sell Eagle Nickel-Copper Mine and Humboldt Mill to Talon Metals
Source: Investing News Network
2025-12-22 12:25:00 ET
Lundin Mining (TSX:LUN,OTC Pink:LUNMF) has agreed to sell its Eagle mine and Humboldt mill in Michigan to Talon Metals (TSX:TLO,OTCID:TLOFF) , pivoting its US-based operations to focus on domestic creation.
The transaction will see Lundin Mining receive 275.2 million Talon shares, representing 18.4 percent of Talon’s outstanding equity, with a total implied value of approximately US$83.7 million based on recent trading prices.
Following the deal, Lundin Mining’s stake in Talon will rise to 19.99 percent.
For further details see:
Lundin to Sell Eagle Nickel-Copper Mine and Humboldt Mill to Talon Metals
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