HudBay Minerals and Augusta Resource today announced the completion of the amalgamation of Augusta and an indirect, wholly-owned subsidiary of Hudbay. As a result of the amalgamation, which was approved by more than 99.99% of the votes cast by both all shareholders of Augusta and shareholders of Augusta entitled to vote in the determination of [...]
HudBay Minerals and Augusta Resource announced today that they have entered into an agreement to effect an amalgamation of Augusta and an indirect, wholly-owned subsidiary of Hudbay as a result of which: holders of common shares of Augusta will receive for their Augusta Shares the same consideration as was paid by Hudbay for Augusta Shares pursuant [...]
HudBay Minerals announced today that it has taken up the additional 6,100,762 common shares of Augusta Resource that were validly deposited under Hudbay's offer to acquire all of the outstanding Augusta Shares not already owned by Hudbay or its affiliates. Hudbay now owns 145,393,108 (approximately 96%) of the outstanding Augusta Shares. The Offer [...]
The shareholders of Augusta Resource Corp. have agreed to the terms of a takeover bid from HudBay Minerals Inc. Augusta shareholders will receive 0.315 shares of HudBay and 0.17 of a HudBay warrant for each share held. Augusta will be removed from the S&P/TSX SmallCap Index after the close of trading on Thursday, July 24, 2014.
HudBay Minerals and Augusta Resource announced today that Hudbay has taken up 116,233,761 common shares of Augusta that were validly deposited under Hudbay's offer to acquire all of the outstanding Augusta Shares not already owned by Hudbay or its affiliates for consideration per Augusta Share of 0.315 of a common share of Hudbay and 0.17 of a [...]
HudBay Minerals and Augusta Resource today announced the filing of Hudbay's Notice of Variation and Extension and Augusta's Notice of Change to Directors' Circular in connection with Hudbay's revised offer to acquire all of the outstanding common shares of Augusta not already owned by Hudbay or its affiliates for consideration per Augusta Share of [...]
HudBay Minerals and Augusta Resource today announced that they have entered into a definitive support agreement pursuant to which Hudbay has agreed to increase the consideration that will be received by Augusta shareholders under Hudbay's offer to purchase all of the issued and outstanding common shares of Augusta not already owned by Hudbay. Under [...]
Augusta announces that, following its press release issued yesterday, the U.S. Forest Service has today formally requested that the U.S. Fish and Wildlife Service re-initiate consultation on the Rosemont Copper Project as a result of additional information received from the US FWS. Consultation is required under the Endangered Species Act to ensure [...]
Augusta Resource is pleased to announce that RK Mine Finance Trust I has waived the conditions precedent for US$6 million of the third tranche of the Red Kite loan facility announced in November 2013. The conditions precedent for draw down of the third tranche, which totals US$7.5 million includes, among other customary conditions precedent, the [...]
Augusta provides a permitting update on its Rosemont Copper project located in Arizona. The Company has become aware of a U.S. Fish and Wildlife Service letter that was submitted to the U.S. Forest Service summarizing their rationale for re-initiation of consultation, which includes the recent sighting of an ocelot in the general study area. The [...]
Augusta Resource clarifies the misleading statements made by HudBay Minerals on Augusta's shareholder rights plan in its press release of this morning and responds to the extension of HudBay's offer to purchase common shares of Augusta. Notwithstanding the extension of HudBay's offer to May 16, 2013, Augusta's shareholder rights plan will remain in [...]
Augusta Resource announced that the British Columbia Securities Commission has ruled in favour of the continuance of Augusta's shareholder rights plan approved by its shareholders at the Company's annual general and special meeting today. The rights plan remains in place, unless HudBay Minerals extends its offer to purchase Augusta common shares to [...]
