Sunday, June 16, 2024

Hudbay announces upsize to bought deal equity offering to $350M

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  • Hudbay Minerals (NYSE:HBM) on Wednesday announced that the company agreed to increase the size of its previously announced equity offering.
  • The underwriters agreed to purchase, on a bought deal basis from the company, a total of 36.84M shares of Hudbay for $9.50 per share for aggregate gross proceeds of $349.98M. 
  • Source: Press Release

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