Hudbay Lifts Stake in Arizona Sonoran Copper

Arizona Sonoran Copper announces C$19.9m private placement with Hudbay
The funds will be directed towards drilling, exploration, technical studies and further development of the Cactus copper project in Arizona, US.
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.
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.
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.
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%.
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
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.
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