Hudbay Lifts Stake in Arizona Sonoran Copper

Arizona Sonoran Announces C$19.9 Million Strategic Private Placement with Hudbay
ASCU announces that Hudbay has agreed to subscribe for 11,852,064 common shares of the Company in a non-brokered private placement for C$19,911,467.
Hudbay increases stake in Arizona Sonoran to 9.99%
Hudbay Minerals (TSX, NYSE: HBM) has upped its stake in Arizona Sonoran Copper Company (TSX: ASCU) with the purchase of approximately 11.85 million shares under a private placement.
Arizona Sonoran Shares Jump After Hudbay Moves to Lift Stake
Arizona Sonoran Copper's shares rallied after the copper explorer agreed to a 19.9 million Canadian dollars (US$13.9 million) investment from Hudbay Minerals that will help advance a copper project in Arizona. In morning trading Thursday, the shares were 12% higher at C$1.60, widening the advance over the last 12 months to 84%.
Hudbay Minerals backs up the truck for Arizona Sonoran Copper
Global copper miner Hudbay Minerals (TSX:HBM) will invest C$19,911,467 into Arizona Sonoran Copper (TSX:ASCU), a junior miner developing its flagship C$2.77 billion net present value Cactus project in Arizona ・Hudbay’s investment will increase its stake to 9.
Stocks in play: Arizona Sonoran Copper Company Inc
Announced that Hudbay Minerals has agreed to subscribe for 11,852,064 common shares of the Company in a non-brokered private placement at a price of C$1.68 per Common Share for total consideration of C$19,911,467. Arizona Sonoran Copper Company Inc shares T.ASCU are trading up $0.15 at $10.58.
Hudbay Lifts Stake in Arizona Sonoran Copper With C$19.9 Mln Investment
Hudbay Minerals will boost its stake in copper explorer Arizona Sonoran Copper with a 19.9 million Canadian dollars ($13.9 million) investment that will help advance a copper project in Arizona.
Arizona Sonoran Copper Announces C$19.9 Million Strategic Private Placement with Hudbay Minerals
CASA GRANDE, Ariz. & TORONTO / Jan 09, 2025 / Business Wire / Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) (“ASCU” or the
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Hudbay increases Arizona Sonoran stake
Hudbay Minerals is investing C$19.9 million to acquire a 9.99% stake in Arizona copper developer Arizona Sonoran Copper ...