HudBay Minerals Announces Agreement to Acquire Norsemont Mining

HudBay Minerals Inc.(TSX:HBM,NYSE:HBM) and Norsemont Mining Inc. (TSX:NOM) announces an acquisition agreement.

The press release is quoted as saying:

Norsemont shareholders will receive 0.2617 HudBay shares and $0.001 in cash, or $4.50 in cash, subject to a maximum aggregate cash consideration of $130 million.

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