Hudbay Minerals and Augusta Resource Corporation have announced the completion of the amalgamation of Augusta and an indirect wholly-owned subsidiary of Hudbay. The amalgamation was approved by more than 99.99 percent of the votes cast by all shareholders of Augusta and shareholders of Augusta entitled to vote in the determination of minority approval of the amalgamation. Augusta in now a wholly owned subsidiary of Hudbay.
Augusta common shares will no longer be traded on the New York Stock Exchange and they are in the process of de-listing the Augusta shares from the Toronto Stock Exchange and the Frankfurt Stock Exchange.
Augusta is a base metal company focused on advancing the Rosemont copper project near Tucson, Arizona.