Brief: Hudbay To Acquire Rockcliff To Consolidate The Snow Lake Camp

Rockcliff Metals

19/06/2023 23:31

June 19 (Reuters) - Hudbay Minerals Inc  HBM.TO :
    * HUDBAY TO ACQUIRE ROCKCLIFF TO CONSOLIDATE THE SNOW LAKE
CAMP
    * HUDBAY MINERALS INC - PROPOSED DEAL FOR ENTERPRISE VALUE
TO
HUDBAY, NET OF ROCKCLIFF'S CASH, IS APPROXIMATELY US$13 MILLION
    * HUDBAY MINERALS INC- UNDER ARRANGEMENT ROCKCLIFF
SHAREHOLDERS
WILL RECEIVE 0.006776 OF A HUDBAY COMMON SHARE FOR EACH
ROCKCLIFF COMMON SHARE HELD
    * HUDBAY MINERALS INC- HUDBAY WILL ACQUIRE 100% OF ISSUED
AND
OUTSTANDING COMMON SHARES OF ROCKCLIFF THAT IT DOES NOT ALREADY
OWN

Source text for Eikon:  ID:nGNX1dpxfk 
Further company coverage:  HBM.TO 

 ((Reuters.Briefs@thomsonreuters.com;))