Augusta Resource has closed the approximately $30 million private placement with HudBay Minerals announced on August 23, 2010. The transaction comprised 10,905,590 units at $2.75 per unit. Each unit consists of one common share of Augusta and one half of one common share purchase warrant. Each full warrant is exercisable for one common share of Augusta at $3.90 per share for a period of 18 months expiring on February 27 [...]
Augusta Resource is pleased to announce that HudBay Minerals has agreed to subscribe for 10,905,590 units on a private placement basis at a price of $2.75 per unit, for proceeds of approximately $30 million. Each unit is comprised of one common share of Augusta and one half of one common share purchase warrant. Each full warrant is exercisable for one common share of Augusta at $3.90 per share for a period of 18 months [...]
Highlights- Lalor project proceeds to full construction, first production expected by second quarter 2012 - 777 North mine expansion begins development- Semi-annual dividend of $0.10 per share declared
TORONTO, ONTARIO -- (Marketwire) -- 07/28/10 -- HudBay Minerals Inc. ('HudBay', the 'company') (TSX: HBM) today announced its participation in a collaborative venture to launch the Northern Manitoba Mining Academy ('NMMA') with the University College of the North, Northern Manitoba Sector Council, the Province of Manitoba, the city of Flin Flon and the University of Manitoba.
TORONTO, ONTARIO -- (Marketwire) -- 07/14/10 -- HudBay Minerals Inc. ('HudBay', the 'company') (TSX: HBM) senior management will host a conference call on Thursday, August 5, 2010 at 10 a.m. ET to discuss the company's second quarter 2010 results and provide an update on development activities.
TORONTO, ONTARIO -- (Marketwire) -- 07/06/10 -- HudBay Minerals Inc. ('HudBay', the 'company') (TSX: HBM) today announced it has, through a subsidiary, entered into a joint venture agreement and four option agreements with VMS Ventures Inc. ('VMS') (TSX VENTURE: VMS) respecting HudBay's copper-rich Reed Lake property and a series of adjacent mineral properties held by VMS in Manitoba's Flin Flon Greenstone Belt. These
Highlights-Copper-Gold zone extended 120 meters down plunge and remains open-New copper-gold mineralization intersected on a separate horizon supports possibility of multiple copper-gold zones-Strong in-fill drilling results demonstrate continuity of Gold zones
TORONTO, ONTARIO -- (Marketwire) -- 06/21/10 -- HudBay Minerals Inc. ('HudBay', the 'Company') (TSX: HBM) today announced the appointment of Mr. David Garofalo as President and Chief Executive Officer and to the Board of Directors of the Company, effective July 12, 2010.
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