HudBay extends Augusta offer to May 5

Mar 31, 2014 | 06:39 PM | Saranya Kapur

Tags  HudBay Minerals, Augusta Resource, Rosemont project, copper, Saranya Kapur

NEW YORK — HudBay Minerals Inc. has extended its offer to acquire all outstanding shares of Augusta Resource Corp. to May 5, it said in a statement March 31, describing Augusta’s strategic review process as a "stalling tactic" that has "failed."

Augusta said last week it was in talks with nine "interested parties" who would be engaged in site visits to its Rosemont copper project in Utah over the next month as part of a strategic review process (amm.com, March 28). ....





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