Hudbay Announces Election of Directors

Rhea-AI Summary

On May 17, 2021, Hudbay Minerals Inc. (HBM) announced the election of ten directors during its Annual and Special Meeting of Shareholders. All nominees were elected, receiving significant shareholder support with percentages of votes for each director ranging from 98.10% to 99.73%. This strong backing highlights investor confidence in the company's leadership. Hudbay operates in the mining sector, primarily producing copper and zinc, with assets in Canada and Peru. The company focuses on sustainable value through the development of high-quality deposits.

Positive

• All ten nominated directors were elected with strong support from shareholders.
• Voting percentages for directors were notably high, ranging from 98.10% to 99.73%, indicating investor confidence.

Negative

• None.

TORONTO, May 17, 2021 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) today announced that each of the ten individuals nominated for election as a director of Hudbay at the company’s Annual and Special Meeting of Shareholders held on May 17, 2021 was elected.

The detailed voting results are set out below:

Director	Number of  Votes FOR	Number of Votes Withheld	Percentage of Votes FOR
Carol T. Banducci	193,235,851	925,004	99.52%
Igor A. Gonzales	190,799,304	3,361,551	98.27%
Richard Howes	192,979,327	1,181,528	99.40%
Sarah B. Kavanagh	193,643,555	517,300	99.73%
Carin S. Knickel	192,892,377	1,268,478	99.35%
Peter Kukielski	193,493,754	667,101	99.66%
Stephen A. Lang	190,464,899	3,695,956	98.10%
Daniel Muñiz Quintanilla	193,645,172	515,683	99.73%
Colin Osborne	193,587,734	573,121	99.71%
David Smith	192,932,000	1,228,855	99.37%

About Hudbay

Hudbay (TSX, NYSE: HBM) is a diversified mining company primarily producing copper concentrate (containing copper, gold and silver) and zinc metal. Directly and through its subsidiaries, Hudbay owns three polymetallic mines, four ore concentrators and a zinc production facility in northern Manitoba and Saskatchewan (Canada) and Cusco (Peru), and copper projects in Arizona and Nevada (United States). The company’s growth strategy is focused on the exploration, development, operation and optimization of properties it already controls, as well as other mineral assets it may acquire that fit its strategic criteria. Hudbay’s vision is to be a responsible, top-tier operator of long-life, low-cost mines in the Americas. Hudbay’s mission is to create sustainable value through the acquisition, development and operation of high-quality, long-life deposits with exploration potential in jurisdictions that support responsible mining, and to see the regions and communities in which the company operates benefit from its presence. The company is governed by the Canada Business Corporations Act and its shares are listed under the symbol "HBM" on the Toronto Stock Exchange, New York Stock Exchange and Bolsa de Valores de Lima. Further information about Hudbay can be found on www.hudbay.com.

For further information, please contact:

Candace Brûlé
Director, Investor Relations
(416) 814-4387
candace.brule@hudbay.com

 

FAQ

What were the voting results for Hudbay Minerals' board of directors on May 17, 2021?

All ten nominated directors were elected with votes FOR ranging from 98.10% to 99.73%.

Who are the newly elected directors of Hudbay Minerals?

The elected directors include Carol T. Banducci, Igor A. Gonzales, Richard Howes, Sarah B. Kavanagh, and others.

What is Hudbay Minerals' stock symbol?

Hudbay Minerals is listed under the stock symbol 'HBM' on the TSX and NYSE.

When was Hudbay Minerals' Annual and Special Meeting of Shareholders held?

The meeting was held on May 17, 2021.

What type of company is Hudbay Minerals?

Hudbay Minerals is a diversified mining company primarily producing copper and zinc.