Lundin Gold Announces US$400 Million Private Placement

Lundin Gold Inc.

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 25, 2018) - Lundin Gold Inc. ("Lundin Gold" or the "Company") (TSX:LUG)(OMX:LUG) is pleased to announce a US$400 million equity private placement financing (the "Private Placement"). The Private Placement, coupled with the recent lenders' commitments for a senior debt facility, substantially completes the funding requirements, based on current estimates, for the Fruta del Norte gold project in Ecuador ("Fruta del Norte" or the "Project").