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FIRST QUANTUM MINERALS TO PAY DIVIDEND OF CDN $0.512 PER SHARE
Vancouver, BC - March 16, 2010 - First Quantum Minerals Ltd. (�First Quantum� or the �Company�, TSX Symbol �FM�, LSE Symbol �FQM�) will pay a final dividend of Cdn $0.512 per share in respect of the financial year ended December 31, 2009. The dividend will be paid on May 6, 2010 to shareholders of record on April 15, 2010. The ex-dividend date is April 13, 2010.
The final dividend of Cdn $0.512, together with the interim dividend of Cdn $0.08, totaling Cdn $0.592, represents 10% of the after tax profits of the Company for the 2009 financial year. The Dividends paid are considered eligible dividends for Canadian tax purposes.
On Behalf of the Board of Directors of First Quantum Minerals Ltd.
G. Clive Newall
President
12g3-2b-82-4461 Listed in Standard and Poor�s
For further information visit our web site at www.first-quantum.com
Forward Looking Statements
Certain information contained in this news release constitutes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and forward-looking information under applicable Canadian securities legislation. Such forward-looking statements or information, including but not limited to those with respect to the prices of gold, copper, cobalt and sulphuric acid, estimated future production, estimated costs of future production, the Company's hedging policy and permitting time lines, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such factors include, among others, the actual prices of copper, gold, cobalt and s ulphuric acid, the factual results of current exploration, development and mining activities, changes in project parameters as plans continue to be evaluated, as well as those factors disclosed in the Company's documents filed from time to time with the Alberta, British Columbia, and Ontario Securities Commissions, the Autorit� des march�s financiers in Quebec, the United States Securities and Exchange Commission and the London Stock Exchange. |
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Contact
First Quantum Minerals Ltd. North American contact Sharon Loung 8th Floor, 543 Granville Street Vancouver, BC V6C 1X8 Tel.: (647) 346-3934 Fax: (604) 688-3818 Toll Free: 1 (888) 688-6577 sharon.loung@fqml.com
United Kingdom contact Clive Newall, President 1st Floor, Mill House, Mill Bay Lane Horsham, West Sussex RH12 1TQ UK Tel.: +44 140 327 3484 Fax: +44 140 327 3494 clive.newall@fqml.com Or Hogarth Partnership Ltd. Simon Hockridge Tel.: +44 (0) 20 7357 9477 |
Renmark Financial Communications Inc. Henri Perron: hperron@renmarkfinancial.com Christine Stewart: cstewart@renmarkfinancial.com Tel.: (514) 939-3989 or (416) 644-2020 www.renmarkfinancial.com | | |
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