Hudbay Completes Rockcliff Acquisition; Further Consolidates Snow Lake Operations And Adds To Prospective Land Package
Acquiring Company
Hudbay
Acquired Company
Rockcliff
Description
Hudbay Minerals Inc. (“Hudbay”) (TSX, NYSE: HBM) is pleased to announce that it has completed its acquisition of Rockcliff Metals Corp. (“Rockcliff”). Hudbay acquired all of the issued and outstanding common shares of Rockcliff that it did not already own pursuant to a court-approved plan of arrangement, effective as of today’s date (the “Transaction”). As a result of closing the Transaction, Rockcliff is now a wholly-owned subsidiary of Hudbay and, in accordance with the terms of the Transaction, former Rockcliff shareholders have been issued 0.006776 of a Hudbay common share for each Rockcliff share previously held.
Quick answer
Hudbay is acquiring Rockcliff, announced September 14, 2023.
- How much did Hudbay pay for Rockcliff?
- The deal value was not disclosed.
- What does Hudbay do?
- Hudbay (TSX, NYSE: HBM) is a copper-focused mining company with three long-life operations and a world-class pipeline of copper growth projects in tier-one mining-friendly jurisdictions of Canada, Peru and the United..
Source: Fundz verified event record.
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Frequently asked
Who acquired Rockcliff?
Rockcliff was acquired by Hudbay. The deal was reported on September 14, 2023. Hudbay is privately held and operates in Mining.
When did Hudbay acquire Rockcliff?
Hudbay's acquisition of Rockcliff was reported on September 14, 2023. Hudbay Minerals Inc. (“Hudbay”) (TSX, NYSE: HBM) is pleased to announce that it has completed its acquisition of Rockcliff Metals Corp. (“Rockcliff”). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Rockcliff do?
Rockcliff is a Canadian exploration and resource development company with several advanced-stage, high-grade VMS copper-zinc dominant deposits in the Snow Lake area of central Manitoba. It is privately held, operating in Mining.
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