HudBay extends hostile bid for Augusta to June 20

HudBay Minerals (HBM) extends its hostile offer for Augusta Resource (AZC) until June 20, but makes no new changes to the terms of its proposal.

It's the latest extension by HBM since the B.C. Securities Commission decided to allow AZC's shareholder rights plan to remain in place unless HBM extends its offer to July 16.

HBM, which owns ~16% of AZC, has offered 0.315 of a HBM share for each AZC share.

Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs