10:59 AM EST - Lundin Mining Corp.'s : has declared a 3 for 1 split of its common shares to create a larger public float and increase its liquidity, the base metals producer said on Monday. The split is payable on February 8 to shareholders of record at the close of business on February 5 and will grant all shareholders two additional common shares for every share held. Shares start trading on the Toronto Stock Exchange on February 1 and on the American Stock Exchange on February 9. The stock split will boost Lundin's number of shares outstanding to about 285 million from about 95 million.
shares T.LUN are trading down 22 cents at $39.55.
