HudBay to merge Augusta with an indirect unit

Aug 25, 2014 | 03:00 PM | Saranya Kapur

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

NEW YORK — HudBay Minerals Inc. has entered into an agreement to merge Augusta Resource Corp. with an indirect, wholly owned subsidiary of HudBay.

Augusta’s "board of directors has unanimously determined that the amalgamation is in the best interest of Augusta and recommends that shareholders of Augusta vote for the amalgamation," according to HudBay, which last month completed its acquisition of Augusta....





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