• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Base Metals Market
    Base Metals News
    Base Metals Stocks
    • Base Metals Market
    • Base Metals News
    • Base Metals Stocks
    copper investing

    Hudbay Minerals Completes Acquisition of Mason Resources

    Scott Tibballs
    Dec. 19, 2018 08:34AM PST
    Base Metals Investing

    Mason will now be de-listed from the Toronto Stock Exchange.

    Mason Resources (TSX:MNR) and Hudbay Minerals (TSX/NYSE:HBM) have announced the completion of the previously announced plan of arrangement whereby Hudbay has acquired all of the issued and outstanding common shares of Mason it did not already own for C$0.40 per common share.

    With the arrangement now complete, the common shares will be de-listed from the Toronto Stock Exchange and OTC, and Mason will apply to cease to be a reporting issuer under applicable Canadian securities laws.

    President and CEO of Hudbay, Alan Hair said:

    “We are pleased to complete the acquisition of Mason and add the Ann Mason project to our pipeline. The Ann Mason project meets our stringent acquisition criteria and has the potential to be a long-life, low-cost mine in one of the world’s best jurisdictions for mining, and it is at a stage where we can leverage our management expertise in exploration, engineering, permitting and construction to create value for our shareholders.”

    Click here to read the full Hudbay Minerals (TSX/NYSE:HBM) press release.

    alan hairmason resourcestsx:mnrnyse:hbmcopper investingann mason
    The Conversation (0)

    Go Deeper

    AI Powered

    Mineral Resources Ltd

    Hudbay Minerals

    Hudbay Minerals

    Latest News

    Finlay Minerals Announces Closing of Non-Brokered Private Placement of Flow-Through and Non-Flow-Through Units

    FALCO ANNOUNCES CLOSING OF BOUGHT DEAL PRIVATE PLACEMENT

    Completes Two Pools Gold Acquisition

    AFDG via Butembo Acquisition Becomes First US Public Company in the Democratic Republic of the Congo (DRC)

    CoTec Commissions BBA to Lead Feasibility Study for the Lac Jeannine Iron Tailings Recovery Project

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Base Metals Investing Stocks

    Empire Metals

    EPMLF

    Canada One Mining

    CONE:CC

    African Discovery Group

    AFDG

    Copper Quest Exploration

    CQX:CC

    Corazon Mining

    CZN:AU

    Blackstone Minerals

    BSX:AU
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES