BRIEF-Hudbay extends offer to Augusta shareholders and waives minimum tender condition

Sat, 15 Mar - 2:05am

March 14 (Reuters) - HudBay Minerals Inc HBM.TO :

* Extends offer to Augusta shareholders and waives minimum tender condition

* Extended its offer to acquire all of outstanding shares of Augusta resource

corp not already owned by Hudbay till April 2, 2014

* No reasonable prospect that Augusta will be able to commence construction of

the Rosemont project in the middle of 2014

* Augusta shareholders who tender will be entitled to receive 0.315 of a Hudbay common share for each Augusta common share held

* Source text for Eikon News Search ID:nMKWNwww3a

* Further company coverage HBM.TO

((Bangalore Newsroom; +1 646 223 8780))

URN: 
urn:newsml:reuters.com:20140314:nASB08GGN:6
Topics: 
US HYD MET CMPNY CA PREC MINE BLR DBT DEAL1 LOA LEN RTRS MRG USC CDM BACT MIN GDM BMAT CORPD MTAL MEMI AMERS

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