Mason shareholders approve takeover by Hudbay

Shareholders in Mason Resources on Monday approved a plan of arrangement with Hudbay Minerals, whereby the diversified miner will acquire Mason for C$0.40 a share.

At the meeting, the shareholders approved the arrangement resolution with about 97.43% of the votes cast being for the resolution, or 96.58% after excluding votes cast by Hudbay, its affiliates and any other shareholders who were required to be excluded.