Hudbay Minerals Inc.

Completed the Rosemont permitting process, acquired the minority joint venture interest and initiated an early works program for Rosemont Extended the 777 mine’s reserve life to the second quarter of 2022, and discovered the new zinc-rich 1901 Zone near Lalor Delivered a strong operating quarter, which included record mine production at Lalor, record throughput at the Stall concentrator and record copper recovery in [...]

HudBay Minerals Inc. and Waterton Precious Metals Fund II Cayman, LP and Waterton Mining Parallel Fund Offshore Master, LP, each of which are managed by Waterton Global Resource Management, Inc. , today announced a settlement agreement that will result in the following eleven nominees being elected as Hudbay’s board of directors at Hudbay’s annual and special meeting of shareholders scheduled for May 7, 2019 [...]

Time is short. Shareholders are encouraged to vote their GREEN proxy in support of Hudbay’s ten director nominees Shareholders with questions or requiring assistance voting their GREEN proxy should contact Hudbay’s proxy solicitation agent, Laurel Hill Advisory Group, at 1-877-452-7184 or 1-416-304-0211 or by e-mail at assistance@laurelhill.com HudBay Minerals Inc. today announced that it has mailed a letter [...]

Waterton Precious Metals Fund II Cayman, LP and Waterton Mining Parallel Fund Offshore Master, LP , each of which are managed by Waterton Global Resource Management, Inc. , owning in the aggregate 12.09% of the issued and outstanding common shares of HudBay Minerals Inc. today announced that leading proxy advisory firm Institutional Shareholder Services Inc. has joined Glass, Lewis & Co. in recommending that shareholders [...]

Hudbay had previously planned to increase the size of its board of directors to eleven to accommodate the election of Richard Howes, David Smith and Michael Anglin as new independent directors. Waterton announced today that Mr. Anglin has withdrawn from its slate of director nominees in order to join the board of directors of a different company As a result of Mr. Anglin’s withdrawal, Hudbay intends to set the [...]

Waterton Precious Metals Fund II Cayman, LP and Waterton Mining Parallel Fund Offshore Master, LP , each of which are managed by Waterton Global Resource Management, Inc. ), owning approximately 12.1% of the issued and outstanding shares of HudBay Minerals Inc. , today announced an update to its slate of director candidates nominated to serve on the Board of Directors of Hudbay. Waterton has given permission to A.E [...]

HudBay Minerals Inc. today announced that the company’s largest shareholder, Letko, Brosseau & Associates Inc., an independent investment manager that exercises investment control or direction over approximately 35,112,398 shares or 13.4% of Hudbay’s issued and outstanding shares, has confirmed that it intends to vote FOR Hudbay’s eleven director nominees on the GREEN form of proxy. Dissident shareholder [...]

HudBay Minerals Inc. today announced that Waterton Global Resource Management, Inc. , which is currently waging a proxy contest against the company, has commenced a legal proceeding in the Ontario Superior Court against Hudbay. Waterton alleges that the company’s management information circular in respect of its annual and special meeting of shareholders to be held on May 7, 2019 contains misrepresentations and [...]

HudBay Minerals Inc. announced today that it is hosting a site visit by analysts and investors to its Lalor mine in Manitoba on April 15-16, 2019. A copy of the site visit presentation, which contains operational, exploration and other updates, is available on Hudbay’s website at www.hudbay.com. Hudbay also today released its first quarter 2019 Manitoba production results and provided an update on exploration [...]

Hudbay’s Board and management team are executing on the company’s strategic plan and have delivered one-, three- and five-year total shareholder returns that significantly outperform Hudbay’s peer group, with over 80% of the analysts who cover Hudbay raising their price targets since January 1, 2019 Despite this positive momentum, Waterton is seeking to replace 80% of Hudbay’s Board, including the [...]