TORONTO, May 21, 2024 /CNW/ - Hudbay Minerals Inc. ("Hudbay" or the "Company") (TSX: HBM) (NYSE: HBM) announced today that it has entered into an agreement with a syndicate of underwriters led by RBC Capital Markets and BMO Capital Markets as Joint Bookrunners (collectively, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis from the Company, a total of 31,600,000 common shares of Hudbay ("Common Shares") at a price of US$9.50 per Common Share for aggregate gross proceeds of US$300,200,000 (the "Offering").
Read more at newswire.caProvided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.