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HudBay Minerals Makes Investment in Copper Reef Mining Corporation
Jan. 26, 2011 09:27PM PST
Base Metals Investing HudBay Minerals Inc. (TSE:HBM,NYSE:HBM) enters into a subscription agreement with Copper Reef Mining Corporation (CNSX:CZC) providing for the sale to HudBay on a private placement basis of 7,000,000 units.
HudBay Minerals Inc. (TSX:HBM,NYSE:HBM) enters into a subscription agreement with Copper Reef Mining Corporation (CNSX:CZC) providing for the sale to HudBay on a private placement basis of 7,000,000 units.
The press release is quoted as saying:
Each Unit consists of one common share of Copper Reef (a “Share”) issued as a “flow-through share” within the meaning of the Income Tax Act (Canada) and one Share purchase warrant of Copper Reef (a “Warrant”).
Click here to access the entire press release
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