Augusta Resource Corp (AZC) 3.34 $AZC
Hudbay and Augusta Announce Transaction to Effect Amalgamation and Mailing of Circular
Marketwire - Mon Aug 25, 8:02AM CDT
HudBay Minerals Inc. ("Hudbay"
(TSX: HBM) (NYSE: HBM) and Augusta Resource Corporation ("Augusta" (TSX: AZC) (NYSE MKT: AZC) announced today that they have entered into an agreement to effect an amalgamation (the "Amalgamation" of Augusta and an indirect, wholly-owned subsidiary of Hudbay as a result of which:
Hudbay Completes Offering of US$170,000,000 Senior Unsecured Notes
Marketwire - Wed Aug 06, 12:25PM CDT
HudBay Minerals Inc. ("Hudbay" or the "company" (TSX: HBM) (NYSE: HBM) today announced that it has completed its previously announced offering of US$170 million aggregate principal amount of its 9.50% senior unsecured notes due October 1, 2020 (the "Notes" . The Notes are in addition to the US$750 million aggregate principal amount of 9.50% senior unsecured notes that Hudbay issued in September 2012, June 2013 and December 2013 (the "Existing Notes" . The Notes were priced at 107% of the aggregate principal amount, providing the company with gross proceeds of US$181.9 million and will yield 8.03% to maturity. Hudbay plans to use the net proceeds from the offering for the repayment of existing debt of its new approximately 96%-owned subsidiary, Augusta Resource Corporation ("Augusta" , and for general corporate purposes.
Hudbay Announces Pricing for US$170,000,000 Senior Unsecured Notes
Marketwire - Thu Jul 31, 3:16PM CDT
HudBay Minerals Inc. ("Hudbay" or the "company" (TSX: HBM)(NYSE: HBM) today announced that it has priced an additional offering of US$170 million aggregate principal amount of its 9.50% senior unsecured notes due October 1, 2020 (the "Notes" . The Notes are additional to the US$750 million aggregate principal amount of 9.50% senior unsecured notes that Hudbay issued in September 2012, June 2013 and December 2013 (the "Existing Notes" . The Notes were priced at 107.00% of the aggregate principal amount, providing the company with gross proceeds of US$181.9 million and will yield 8.03% to maturity. The offering is expected to close on or about August 6, 2014, subject to customary closing conditions. Hudbay plans to use the net proceeds from the offering for the repayment of existing debt of its new approximately 96%-owned subsidiary, Augusta Resource Corporation ("Augusta" , and for general corporate purposes.
Hudbay Announces Offering of US$150,000,000 Senior Unsecured Notes
Marketwire - Thu Jul 31, 7:54AM CDT
HudBay Minerals Inc. ("Hudbay" or the "company" (TSX: HBM)(NYSE: HBM) today announced that it is offering an additional US$150 million aggregate principal amount of its 9.50% senior unsecured notes due October 1, 2020 (the "Notes" . The Notes are additional to the US$750 million aggregate principal amount of 9.50% senior unsecured notes that Hudbay issued in September 2012, June 2013 and December 2013 (the "Existing Notes" . Hudbay plans to use the net proceeds from the offering for the repayment of existing debt of its new approximately 96%-owned subsidiary, Augusta Resource Corporation ("Augusta" , and for general corporate purposes.
Hudbay Releases Second Quarter 2014 Results
Marketwire - Wed Jul 30, 4:11PM CDT
HudBay Minerals Inc. ("Hudbay" or the "company" (TSX: HBM) (NYSE: HBM) today released its second quarter 2014 financial results. In the second quarter of 2014, operating cash flow before change in non-cash working capital increased to $11.8 million from negative $10.7 million in the second quarter of 2013. Profit and earnings per share in the second quarter of 2014 were $0.3 million and nil, respectively, compared to a loss and loss per share of $52.7 million and $0.31 in the second quarter of 2013, respectively.
Hudbay Announces Successful Completion of Offer to Acquire Augusta
Marketwire - Tue Jul 29, 6:23PM CDT
HudBay Minerals Inc. ("Hudbay" (TSX: HBM)(NYSE: HBM) announced today that it has taken up the additional 6,100,762 common shares ("Augusta Shares" of Augusta Resource Corporation ("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 (the "Offer" . Hudbay now owns 145,393,108 (approximately 96%) of the outstanding Augusta Shares. The Offer has terminated and Hudbay intends to acquire, through a subsequent acquisition transaction, the Augusta Shares it does not already own for the same consideration per Augusta Share as was paid under the Offer.
Hudbay and Augusta Announce Take-up of Shares and Extension of Offer
PR Newswire - Thu Jul 17, 6:54AM CDT
HudBay Minerals Inc. ("Hudbay" (TSX, NYSE: HBM) and Augusta Resource Corporation ("Augusta" (TSX, NYSE MKT: AZC) announced today that Hudbay has taken up 116,233,761 common shares ("Augusta 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 warrant to acquire a common share of Hudbay (the "Offer" . The Augusta Shares taken up under the Offer, together with those already owned by Hudbay, represent approximately 92% of the issued and outstanding Augusta Shares.
TIG Advisors, LLC invests in Augusta Resource Corporation
CNW Group - Mon Jul 07, 6:35PM CDT
TIG Advisors, LLC ("TIG" has acquired, through the facilities of the Toronto Stock Exchange, control and direction over 1,037,400 common shares of Augusta Resource Corporation (the "Company" , representing approximately 0.71% of the outstanding common shares of the Company.
Hudbay and Augusta Announce Filing of Offer Documents for Friendly Acquisition
Marketwire - Wed Jul 02, 3:47PM CDT
HudBay Minerals Inc. ("Hudbay" (TSX: HBM)(NYSE: HBM) and Augusta Resource Corporation ("Augusta" (TSX: AZC)(NYSE MKT: AZC) 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 ("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 warrant to acquire a common share of Hudbay (the "Revised Offer" . As previously announced, Augusta's Board of Directors is unanimously recommending that Augusta shareholders accept the Revised Offer and has agreed to terminate Augusta's Shareholder Rights Plan to permit shareholders to do so.
Hudbay and Augusta Announce Transaction to Effect Amalgamation and Mailing of Circular
Marketwire - Mon Aug 25, 8:02AM CDT
HudBay Minerals Inc. ("Hudbay"
(TSX: HBM) (NYSE: HBM) and Augusta Resource Corporation ("Augusta" (TSX: AZC) (NYSE MKT: AZC) announced today that they have entered into an agreement to effect an amalgamation (the "Amalgamation" of Augusta and an indirect, wholly-owned subsidiary of Hudbay as a result of which: Hudbay Completes Offering of US$170,000,000 Senior Unsecured Notes
Marketwire - Wed Aug 06, 12:25PM CDT
HudBay Minerals Inc. ("Hudbay" or the "company"
(TSX: HBM) (NYSE: HBM) today announced that it has completed its previously announced offering of US$170 million aggregate principal amount of its 9.50% senior unsecured notes due October 1, 2020 (the "Notes" . The Notes are in addition to the US$750 million aggregate principal amount of 9.50% senior unsecured notes that Hudbay issued in September 2012, June 2013 and December 2013 (the "Existing Notes" . The Notes were priced at 107% of the aggregate principal amount, providing the company with gross proceeds of US$181.9 million and will yield 8.03% to maturity. Hudbay plans to use the net proceeds from the offering for the repayment of existing debt of its new approximately 96%-owned subsidiary, Augusta Resource Corporation ("Augusta" , and for general corporate purposes. Hudbay Announces Pricing for US$170,000,000 Senior Unsecured Notes
Marketwire - Thu Jul 31, 3:16PM CDT
HudBay Minerals Inc. ("Hudbay" or the "company"
(TSX: HBM)(NYSE: HBM) today announced that it has priced an additional offering of US$170 million aggregate principal amount of its 9.50% senior unsecured notes due October 1, 2020 (the "Notes" . The Notes are additional to the US$750 million aggregate principal amount of 9.50% senior unsecured notes that Hudbay issued in September 2012, June 2013 and December 2013 (the "Existing Notes" . The Notes were priced at 107.00% of the aggregate principal amount, providing the company with gross proceeds of US$181.9 million and will yield 8.03% to maturity. The offering is expected to close on or about August 6, 2014, subject to customary closing conditions. Hudbay plans to use the net proceeds from the offering for the repayment of existing debt of its new approximately 96%-owned subsidiary, Augusta Resource Corporation ("Augusta" , and for general corporate purposes. Hudbay Announces Offering of US$150,000,000 Senior Unsecured Notes
Marketwire - Thu Jul 31, 7:54AM CDT
HudBay Minerals Inc. ("Hudbay" or the "company"
(TSX: HBM)(NYSE: HBM) today announced that it is offering an additional US$150 million aggregate principal amount of its 9.50% senior unsecured notes due October 1, 2020 (the "Notes" . The Notes are additional to the US$750 million aggregate principal amount of 9.50% senior unsecured notes that Hudbay issued in September 2012, June 2013 and December 2013 (the "Existing Notes" . Hudbay plans to use the net proceeds from the offering for the repayment of existing debt of its new approximately 96%-owned subsidiary, Augusta Resource Corporation ("Augusta" , and for general corporate purposes. Hudbay Releases Second Quarter 2014 Results
Marketwire - Wed Jul 30, 4:11PM CDT
HudBay Minerals Inc. ("Hudbay" or the "company"
(TSX: HBM) (NYSE: HBM) today released its second quarter 2014 financial results. In the second quarter of 2014, operating cash flow before change in non-cash working capital increased to $11.8 million from negative $10.7 million in the second quarter of 2013. Profit and earnings per share in the second quarter of 2014 were $0.3 million and nil, respectively, compared to a loss and loss per share of $52.7 million and $0.31 in the second quarter of 2013, respectively. Hudbay Announces Successful Completion of Offer to Acquire Augusta
Marketwire - Tue Jul 29, 6:23PM CDT
HudBay Minerals Inc. ("Hudbay"
(TSX: HBM)(NYSE: HBM) announced today that it has taken up the additional 6,100,762 common shares ("Augusta Shares" of Augusta Resource Corporation ("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 (the "Offer" . Hudbay now owns 145,393,108 (approximately 96%) of the outstanding Augusta Shares. The Offer has terminated and Hudbay intends to acquire, through a subsequent acquisition transaction, the Augusta Shares it does not already own for the same consideration per Augusta Share as was paid under the Offer. Hudbay and Augusta Announce Take-up of Shares and Extension of Offer
PR Newswire - Thu Jul 17, 6:54AM CDT
HudBay Minerals Inc. ("Hudbay"
(TSX, NYSE: HBM) and Augusta Resource Corporation ("Augusta" (TSX, NYSE MKT: AZC) announced today that Hudbay has taken up 116,233,761 common shares ("Augusta 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 warrant to acquire a common share of Hudbay (the "Offer" . The Augusta Shares taken up under the Offer, together with those already owned by Hudbay, represent approximately 92% of the issued and outstanding Augusta Shares. TIG Advisors, LLC invests in Augusta Resource Corporation
CNW Group - Mon Jul 07, 6:35PM CDT
TIG Advisors, LLC ("TIG"
has acquired, through the facilities of the Toronto Stock Exchange, control and direction over 1,037,400 common shares of Augusta Resource Corporation (the "Company" , representing approximately 0.71% of the outstanding common shares of the Company. Hudbay and Augusta Announce Filing of Offer Documents for Friendly Acquisition
Marketwire - Wed Jul 02, 3:47PM CDT
HudBay Minerals Inc. ("Hudbay"
(TSX: HBM)(NYSE: HBM) and Augusta Resource Corporation ("Augusta" (TSX: AZC)(NYSE MKT: AZC) 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 ("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 warrant to acquire a common share of Hudbay (the "Revised Offer" . As previously announced, Augusta's Board of Directors is unanimously recommending that Augusta shareholders accept the Revised Offer and has agreed to terminate Augusta's Shareholder Rights Plan to permit shareholders to do so. 
